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:
  • U.S. retail sales climb in May by the most in 6 months
    Retail sales rose 0.8 percent last month ... And shoppers are still exhibiting caution – consumer borrowing growth fell to its slowest pace in seven months in April, mostly because a category that includes auto and student loans increased more slowly.
    06/14/2018 - 1:23 pm | View Link
  • Has private credit off-take peaked?
    According to SBP data, consumer finance for housing rose nearly 80 percent year-on-year to Rs16 billion ... when the government borrowed from the SBP and retired scheduled banks’ debt, government borrowing from scheduled banks have continue to grow.
    06/10/2018 - 10:49 pm | View Link
  • Consumer borrowing up in February
    Total borrowing rose $15.2 billion in February, the biggest gain in three months and an acceleration from January’s increase of $10.9 billion, the Federal Reserve reported Friday. The jump came in the category that covers credit cards, where borrowing ...
    06/10/2018 - 1:00 pm | View Link
  • US consumer borrowing growth slows in April
    Americans increased their borrowing in April at the slowest pace in seven months, dragged by a big slowdown in the category that covers auto and student loans. Consumer debt rose $9.3 billion in April after a gain of $12.3 billion in March, the Federal ...
    06/7/2018 - 4:24 pm | View Link
  • US consumer borrowing growth slows in April
    Americans increased their borrowing in April at the slowest pace in seven months, dragged by a big slowdown in the category that covers auto and student loans. Consumer debt rose $9.3 billion in April after a gain of $12.3 billion in March, the Federal ...
    06/7/2018 - 4:24 pm | View Link
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BING SEARCH:
  • The Center for Microeconomic Data
    Our economists engage in scholarly research and policy-oriented analysis on a wide range of important issues.
    06/17/2018 - 3:30 am | View Website
  • Economic News
    Find the economic latest news and headlines, as well as blogs and video from CNBC.com.
    06/17/2018 - 2:54 am | View Website
  • At the N.Y. Fed: Press Briefing on Household Borrowing ...
    An examination of recent developments in household borrowing was the focus of a press briefing held this morning at the New York Fed.
    06/15/2018 - 10:44 pm | View Website
  • The Fed
    In April, consumer credit increased at a seasonally adjusted annual rate of 3 percent. Revolving credit increased at an annual rate of 2-1/2 percent, while nonrevolving credit increased at an annual rate of 3 percent.
    06/15/2018 - 9:47 pm | View Website
  • Electricity prices
    The Consumer guide to Electricity prices. In February 2014 we reported that the Commerce Commission had issued compliance-advice letters to both Nova and Pulse following complaints about alleged misleading price claims.
    06/15/2018 - 9:08 am | View Website
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