consumer credit
Source: ThinkstockIf you knew one thing was coming it would be that American Express Co. (NYSE: AXP) would issue a statement after reports surfaced that the European Commission was drafting new...
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Source: ThinkstockThe Federal Reserve has reported that consumer credit in March rose by only $8.0 billion. Bloomberg was calling for consumer credit to rise by $15 billion, but today’s Fed report...
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Source: ThinkstockConsumer Credit is on the rise yet again according to the Federal Reserve, although with it being a December reading we might consider it somewhat expected. What investors need to...
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Source: ThinkstockConsumer credit rose in the month of September, albeit at a slower rate. The Federal Reserve showed an increase of some $11.36 billion versus August to $2.737 trillion. The increase...
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Consumer Credit posted a gain for the month of August according to a Federal Reserve report. Not only that, this $18.1 billion gain was the biggest jump in three months. Today’s report is not...
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Consumer Credit is going the wrong way. In the month of July we saw a contraction by $3.28 billion. For the month of June, Consumer Credit was revised to up by about $11.8 billion from a prior...
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Consumer credit is still on the rise. Is it due to the public borrowing for summer vacations, or is it something else? The latest report from the Federal Reserve shows that credit rose during the...
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Americans have started using their credit cards again — and in a big way. Credit card debt jumped 154% in the third quarter of 2011 compared with the same period a year ago, according to the latest...
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Back in the day, a layaway plan made sense for many consumers who did not have the full purchase price of an item but could pay regular small installments until the item was fully paid for. The store...
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You might not know it by the current economic data, but consumer credit keeps rising. We figured that a late Easter would drive credit up at the end of the month and cause higher balances on credit...
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Americans are borrowing again, although the message from the release is “little changed” despite this being the second month of gains. The Federal Reserve just released data from November-2010...
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Who said borrowing is dead? We have now seen two consecutive months of rising credit in America. While September consumer credit was revised to a gain of $1.2 billion rather than a gain of $2.1...
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Americans are still shrinking their credit according to the latest data from the Federal Reserve. July marked a sixth consecutive drop and the seasonally adjusted rate of credit contraction came to...
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Consumer credit keeps going lower and lower in the U.S. The Fed reported that June’s credit was down 0.7% on a seasonally adjusted basis with a $1.3 billion drop down to $2.42 trillion. We had...
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