Consumer #Credit slowed even more in May, and we saw revisions for March and April that were lower than last month.
So, people are taking out less debt in the following forms, which shows a sign of credit contraction.
-Auto loans
-Home improvement loans
-Appliance and… https://t.co/txsBRdV4VR— Micro2Macr0 (@Micro2Macr0) July 15, 2023