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   
ASK NEWS:
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BING NEWS:
  • Consumer credit rises at fastest pace for 11 years
    Borrowing through personal loans and overdrafts rose by £1.2bn over the same period, up from an average of £1bn. The annual rate of growth rose to 9.7% during the month, while comparing the last three months with the same period of 2015 shows unsecured ...
    04/29/2016 - 7:04 pm | View Link
  • Debt bubble fears increase as consumer credit soars to 11-year high
    Household borrowing on credit cards and loans rose at the fastest pace in 11 years in March, raising fears of a consumer credit bubble. The Bank of England said net unsecured consumer credit rose by £1.9bn in March, following an increase of £1.4bn in ...
    04/29/2016 - 2:53 am | View Link
  • Consumer Borrowing Rose Modestly in February
    WASHINGTON — American consumers borrowed at a modest pace in February for the second consecutive month, evidence of continuing caution that has kept a lid on spending this year. Borrowing rose at a 5.8 percent annual rate, the Federal Reserve said ...
    04/7/2016 - 10:40 am | View Link
  • Consumer Borrowing Accelerated in July as Credit-Card Borrowing Rose
    Consumer borrowing accelerated in July as Americans took on more credit-card debt and other loans. Total outstanding consumer credit, excluding loans secured by real estate like home mortgages, rose at a seasonally adjusted annual rate of 9.7% in July from ...
    09/7/2014 - 4:00 pm | View Link
  • Consumer Borrowing Rose $17.5B in March
    Consumers increased their borrowing in March by the largest amount in more than a year, using their credit cards and taking out more auto and student loans. Consumer borrowing increased $17.5 billion in March, up from a gain of $13 billion in February, the ...
    05/6/2014 - 4:39 pm | View Link
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BING SEARCH:
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    News about the Consumer Price Index. Commentary and archival information about the Consumer Price Index from The New York Times.
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    05/1/2016 - 4:03 am | View Website
  • Consumer spending | Business | The Guardian
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