WASHINGTON - Consumer credit increased by $8.7 billion, or 4.2%, in February to $2.521.8 trillion, the Federal Reserve reported Friday.

In January, consumer credit rose a revised $18.6 billion, or 8.9%, to $2.51315 trillion.

Revolving credit fell to $798.6 billion from $800.8 billion in February.

Non-revolving credit rose to $1.723.2 trillion from $1.712.2 trillion.

The increase fell short of the $12.25 billion increase projected by economists polled by Thomson Reuters.

Revolving credit includes credit card debt. Non-revolving debt includes automobile loans, loans for mobile homes, education, boats, trailers, or vacations.

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