Consumer Borrowing Rose 10.2% In March

Americans are stepping up their borrowing, a possible good sign for the economy as households become less determined to whittle debt and more willing to spend.

Topics:  borrowing   
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  • Borrowing
    bor·row·ing (bŏr′ō-ĭng, bôr′-) n. Something that is borrowed, especially a word borrowed from one language for use in another. borrowing (ˈbɒrəʊɪŋ) n ...
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  • Consumer Behavior
    News about consumer behavior. Commentary and archival information about consumer behavior from The New York Times.
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  • The Center for Microeconomic Data
    The latest Annual Report chronicles the impact of Federal Reserve policies and includes data on the New York Fed's operations.
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    Consumer credit increased at a seasonally adjusted annual rate of 5-1/4 percent during the second quarter. Revolving credit increased at an annual rate of ...
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