Glum U.S. Households Sent Consumer Credit Growth Plunging in January - Breitbart
3/7/2022 12:00:00 AM3 years 11 months ago
by John Carney
by John Carney
Consumer credit is closely watched by economists because expansions of consumer credit tend to lead to expansions of overall economic activity. | Economy
American households slammed their wallets shut in January. Total borrowing by households increased $6.8 billion from the prior month after a revised $22.4 billion gain in December, the Federal Reser… [+1240 chars]
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