U.S. consumer credit card debt hits $1.07 trillion, growth slows but debt still rises steadily.

Consumer Credit Card Debt Continues to Grow

Consumer credit card debt in the US continues its upward trajectory, reaching a staggering $1.07 trillion as of August 14, 2024.

This marks another milestone in the ongoing trend of rising consumer debt, though there are signs that… pic.twitter.com/Il5SBi52Zl

— Reef Insights (@ReefInsights) August 27, 2024