« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Consumer Debt - Don't Worry, Be Happy

By: killthecat in FFFT3 | Recommend this post (0)
Sat, 07 Feb 15 6:39 AM | 51 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 08788 of 65535
Jump:
Jump to board:
Jump to msg. #

WASHINGTON — Consumers increased their borrowing in December, with credit cards rising at the fastest pace in eight months. It could be a sign that consumer spending will accelerate as strong jobs gains give shoppers more confidence about taking on debt.

Consumer borrowing expanded by $14.8 billion in December, pushing consumer debt to a record $3.31 trillion.




» You can also:
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next