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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BING NEWS:
  • U.S. Consumer Borrowing Rose 10 Percent in March
    (CN) - U.S. consumers ramped up their use of the plastic in March, their use of credit cards pushing up total borrowing at the fastest pace in more than a decade, the Federal Reserve reported Friday. Total consumer borrowing rose $29.7 billion in March, a ...
    05/6/2016 - 11:08 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 - 10:32 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
  • US consumer borrowing rose $17.5 billion in March
    The category that includes auto and student loans rose $16.4 billion while the category that covers credit card borrowing increased $1.1 billion. The overall increase in consumer debt pushed total borrowing to a record $3.14 trillion. Gains in borrowing ...
    05/7/2014 - 6:33 am | 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:
  • 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 ...
    07/22/2016 - 7:27 am | View Website
  • Consumer Price Index
    News about the Consumer Price Index. Commentary and archival information about the Consumer Price Index from The New York Times.
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  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    07/21/2016 - 6:27 pm | View Website
  • FRB: G.19 Release-- Consumer Credit
    In May, consumer credit increased at a seasonally adjusted annual rate of 6-1/4 percent. Revolving credit increased at an annual rate of 3 percent, while ...
    07/21/2016 - 4:32 pm | View Website
  • Consumer Behavior
    News about consumer behavior. Commentary and archival information about consumer behavior from The New York Times.
    07/19/2016 - 3:59 pm | View Website
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