ECONODAY: Headline consumer credit, up $12.3 billion in June, was soft but not revolving credit which posted an outsized $7.7 billion gain. Non-revolving credit, which is usually the much stronger of the two components, rose $4.6 billion in the month. Spending has been strong but the consumer hasn't been tapping credit cards to fund the spree, though extending gains for revolving credit would not disappoint the nation's retailers...
