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Total consumer debt exceeds $300 billion.
In 2010, Americans had total consumer debt of nearly $2.5tn, Ramirez said.
Total consumer debt rose in July to $1.724 trillion from $1.713 trillion in June.
Total consumer credit excluding real estate loans stood at $1.76 trillion in May.
The various changes put total consumer debt at $547.73 billion at the end of February.
Total consumer sales climbed to $117.5 billion, adjusted for seasonal variation.
In the U.S., women continue to say they control more than 70% of total consumer spending.
If the economy were healthy, total consumer spending would be higher because of population growth.
CHART: Consumer Borrowing: Net change in total consumer debt, excluding mortgages, seasonally adjusted.
Total consumer spending collapsed when the economy fell into recession in 2008 and has barely recovered.
Total consumer borrowing increased $18.1 billion in August compared with July, the Federal Reserve reported Friday.
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