Consumer Credit Up $1 billion in April 2010 (at least until the Federal Reserve revises the figure next month)

The Federal Reserve reported April consumer credit yesterday and the monthly figure came in slightly above expectations, at $2.423 trillion in April, compared to $2.421.8 trillion in March. The March number was revised significantly lower +$2 billion to -$5.4 billion proven yet again that not a single U.S. government entity possesses basic math computation competence.