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:
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  • Consumer borrowing up $20.8 billion, most in 10 months
    WASHINGTON — American consumers increased their borrowing by $20.8 billion in September ... The category that covers auto and student loans rose by $14.4 billion, nearly double the $7.6 billion gain seen in August. The category that covers credit ...
    11/8/2017 - 4:19 pm | View Link
  • Consumer borrowing rose by $20.8 billion in September
    WASHINGTON — American consumers increased their borrowing by $20.8 billion in September. It was the largest gain in 10 months and was led by a sharp increase in borrowing for auto and student loans. The September increase followed a gain of $13.8 billion ...
    11/7/2017 - 5:16 am | View Link
  • US consumer borrowing rose at a slower pace in August
    WASHINGTON – U.S. consumers slowed their borrowing in August to an annual increase of 4.2 percent — a pullback from a pace of roughly 7 percent over each of the past three years. The Federal Reserve said Friday that overall consumer credit rose $13.1 ...
    10/6/2017 - 8:27 am | View Link
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