* Decline in revolving credit points to credit card jitters
(Reuters) - U.S. consumer credit expanded sharply in January in a generally positive sign for the economy as people borrowed money to buy cars and go to school, Federal Reserve data showed on Wednesday.
But at the same time, the report also pointed to a decline in credit card usage, which could point to some jitters among consumers regarding their outlook for earnings.
Total consumer credit grew by $17.776 billion in January, which was above the $10.0 billion increase that was expected by analysts in a Reuters poll.
Credit has now expanded for five straight months, which economists see as a sign households are less uneasy about taking on debt as the labor market slowly heals from the 2007-2009 recession.
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