Glum U.S. Households Sent Consumer Credit Growth Plunging in January - Breitbart


3/7/2022 12:00:00 AM3 years 1 month ago
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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