-
Feb. consumer credit jumps by most in 6 months
U.S. consumers increased their debt in February by a seasonally adjusted $18.1 billion, the most since last August, the Federal Reserve reported Friday. The increase is above January's $12.7 billion pace. Monthly debt rose at a 7.8% pace in February, after a 5.5% pace in the prior month. The increase in consumer credit in February was larger than expected by Wall Street economists. As has been the recent trend, the February gain was led by the non-revolving category of debt, such as auto loans, personal loans, and student loans, which jumped $17.6 billion, or 10.9%, the largest percentage gain since July 2011. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 5, 2013 3:20pm Apr 5, 2013 3:20pm
- Bakker
- Joined Jun 2011 | Status: Member | 3247 Comments
- Comment #2
- Quote
- Apr 5, 2013 3:29pm Apr 5, 2013 3:29pm
- Gold Adviser
- | Commercial Member | Joined Apr 2013 | 9 Comments
- Comment #3
- Quote
- Apr 5, 2013 3:41pm Apr 5, 2013 3:41pm
- alimm0f
- | Joined Feb 2013 | Status: Member | 100 Comments
- Comment #4
- Quote
- Apr 5, 2013 3:47pm Apr 5, 2013 3:47pm
- Guest
- | IP XX.XX.73.162
- Comment #5
- Quote
- Apr 5, 2013 4:00pm Apr 5, 2013 4:00pm
- iuda
- | Joined Mar 2013 | Status: Member | 34 Comments
- Comment #6
- Quote
- Apr 5, 2013 4:18pm Apr 5, 2013 4:18pm
- Guest
- | IP XXX.XXX.9.194
- Comment #7
- Quote
- Apr 5, 2013 5:28pm Apr 5, 2013 5:28pm
- iuda
- | Joined Mar 2013 | Status: Member | 34 Comments
- Comment #8
- Quote
- Apr 6, 2013 1:59am Apr 6, 2013 1:59am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..