Is The US Consumer Finally Exhausted?

Americans are dialing back on borrowing in the face of economic uncertainty and higher financing costs, data released late Monday suggested. The figures, from the Fed, are reported on what may as well be a two-month delay, relegating them to third-tier status despite their ostensible relevance at a time when macro watchers are keen for any incremental information on consumer psychology. Revolving credit rose just $8.5 billion in May, the smallest increase in three months and the second-smalles