Category: Economics
Friday, October 7, 2011
U.S. Consumer Credit Decreased $9.5B in August
Consumer credit in the U.S. unexpectedly dropped in August by the most in over a year.
The $9.5 billion decrease followed an $11.9 billion increase the previous month, the Federal Reserve said today in Washington. Non-revolving credit, which includes student loans and financing for automobile purchases, slumped by the most in three years. Full Piece
Permalink
Pursuant to Title 17 U.S.C. 107, other copyrighted work is provided for educational purposes, research, critical comment, or debate without profit or payment. If you wish to use copyrighted material from this site for your own purposes beyond the 'fair use' exception, you must obtain permission from the copyright owner.
Copyright ©2008-2011 MoveOff,LLC.
Content Copyright © individual authors.
NOTICE: Contributors, authors, columnists and editor are not paid.
