U.S. Consumer Borrowing Rose in November by Most in Five Months

U.S. consumer borrowing increased in November by the most in five months on a jump in non-revolving credit such as loans for motor vehicle purchases.

Total credit climbed $15.3 billion from the prior month after a downwardly revised $4.5 billion October gain, Federal Reserve figures showed Friday. The November figure topped all economists’ estimates in a Bloomberg survey whose median projection was for a $9 billion increase.