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   
BING NEWS:
  • Consumer borrowing rises by largest rate in 6 months
    The Federal Reserve reported Monday that total consumer borrowing rose by $18.4 billion in May, the strongest gain since a $25.1 billion increase in November. In addition, April's gain of $8.2 billion, the weakest increase in nearly six years, was revised ...
    07/16/2017 - 6:03 am | View Link
  • U.S. Consumer Credit Increased by $18.41 Billion in May
    WASHINGTON -- U.S. consumer borrowing rose in May, according to new data from the Federal Reserve. Outstanding consumer credit, a measure of non-real estate debt, rose by $18.41 billion in May from the prior month, climbing at a 5.78% seasonally adjusted ...
    07/10/2017 - 8:44 am | View Link
  • US consumer credit up $18.4 billion in May, most in 6 months
    The Federal Reserve reported Monday that total consumer borrowing rose by $18.4 billion in May, the strongest gain since a $25.1 billion increase in November. In addition, April's gain of $8.2 billion, the weakest increase in nearly six years, was revised ...
    07/10/2017 - 8:19 am | View Link
  • Consumer borrowing powers on unexpectedly in May
    The annual growth rate was steady at 10.3 per cent. Credit card borrowing rose at a 9.1 per cent annual rate, while other loans and advances (which include car finance and personal loans) grew by 10.9 per cent. The Bank of England's Financial Policy ...
    06/28/2017 - 9:41 pm | View Link
  • Consumer borrowing slows to pace not seen since 2011
    The Federal Reserve reports that total consumer borrowing rose $8.2 billion, or 2.6 percent, to $3.8 trillion. It was the smallest percentage increase since borrowing declined 3.5 percent in August 2011. The category that includes student and auto loans ...
    06/7/2017 - 8:00 pm | View Link
  • More
BING SEARCH:
  • Wires
    1 Hour Ago. NEW YORK, July 21- Optimism is souring around small-cap stocks for some investors, with a host of factors conspiring to up-end gains that have taken them ...
    07/24/2017 - 3:06 pm | View Website
  • Consumer Data | The Conference Board
    The Conference Board is a global, independent business membership and research association working in the public interest
    07/24/2017 - 5:19 am | View Website
  • Scott Credit Union | Banking Simplified
    As a member-owned, not-for-profit financial cooperative our goal is to provide our members the best value for their money. We typically offer higher rates on deposits ...
    07/22/2017 - 8:16 pm | View Website
  • Economic News
    Find the economic latest news and headlines, as well as blogs and video from CNBC.com.
    07/22/2017 - 2:19 pm | View Website
  • The Fed
    In May, consumer credit increased at a seasonally adjusted annual rate of 5-3/4 percent. Revolving credit increased at an annual rate of 8-3/4 percent, while ...
    07/22/2017 - 12:46 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News