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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.
CHART: Consumer Borrowing: Net change in total consumer debt, excluding mortgages, seasonally adjusted.
Total consumer debt rose by $4.99 billion at an annual rate, to a record of $2.35 trillion in August.
Activity through August left total consumer debt at $2.73 trillion, 5.5 percent above the prerecession peak in July 2008.
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A1 Consumer Spending Slows Total outstanding consumer debt grew in March by $6 billion, a 5percentt rise from February, the smallest in 18 months and less than what economists had forecast.
Total levels of consumer debt "held essentially steady" in the first months of the years, after declining for the previous nine quarters, spanning over 27 months.
U.S. consumer debt totals over $2½ trillion so just a two-point rise could mean an extra $50 billion Americans would have to pay directly out of their pockets each year and get nothing in return.
The total debt in the U.S. (consumer debt, government debt, business debt, etc). is approximately $60 trillion.
The rise of $16 billion in outstanding consumer debt, bringing the total to $1.5 trillion, followed a December gain of $7.2 billion, a Fed report showed.
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