Consumer credit falls for 8th month
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- News Source: The News Tribune | 25 days agoConsumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery. The Federal Reserve said Friday that...
- News Source: CNSNews.com | 25 days agoConsumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery. The Federal Reserve says borrowing fell...
- News Source: Fox News | 25 days agoOutstanding consumer debt fell at a 7.2% annual rate in September, the eighth consecutive decline, the Federal Reserve reported Friday. Consumer credit fell by $14.8 billion to $2.46 trillion in September, down 4.7% compared with a year ago.
- News Source: CNN | 26 days agoConsumer credit fell in September for the eighth straight month, the longest streak of declines since the Federal Reserve started keeping records in 1943. Total consumer borrowing fell a seasonally adjusted $14.8 billion, or 7.2%, to $2.456 trillion...
- Blog Source: www.washingtonexaminer.comConsumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.
- Blog Source: www.zerohedge.comNEW YORK (CNNMoney.com) -- Consumer credit fell in September for the eighth straight month, the longest streak of declines since the Federal Reserve started keeping records in 1943. Total consumer borrowing fell a seasonally ... That's a 3.8% drop
- Blog Source: www.washingtonexaminer.comConsumers likely reduced their borrowing for an eighth straight month in September, as layoffs continue and credit remains tight. The declines in borrowing are expected to drag on the fledgling economic recovery. ... For August, the Fed reported
- Blog Source: www.stockmarketcats.comUS Consumer Credit Fell in September, Eighth Drop Bloomberg Nov. 6 (Bloomberg) -- US consumer credit fell in September for an eighth straight month, the longest series of declines on record, as thousands of Americans lost their jobs and ...
- Blog Source: www.washingtonexaminer.comConsumers likely reduced their borrowing for an eighth straight month in September, as layoffs continue and credit remains tight. The declines in borrowing are expected to drag on the fledgling economic recovery. ... It was a 9.1 percent decline,
- Blog Source: www.zerohedge.comTotal consumer credit has dropped for the 8th straight month as consumers refuse to buy stocks while maxing out their credit cards, contrary to what GE, Bernstein and Bernanke want them to do. 4 more months and the US consumer will have ...
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- Video Source: www.truveo.comU.S. Auto Sales Likely Fell in ...Video Source: www.truveo.comU.S. Auto Sales Likely Fell in March Amid Luxury Drop
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@louisestory The new paradigm where debt is bad.. "Consumer Borrowing Fell for 8th Month in September" - http://bit.ly/LgGXn
25 days ago -
@JohnWaggoner Consumer credit outstanding plunged further in September by $14.8B, much more than consensus estimates.
25 days ago
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