Us Consumer Borrowing Rises $14.8 Billion In December

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. … Click to Continue »

Topics:  december    click   continue   consumer   borrowing   
BING NEWS:
  • US Consumer Borrowing Drops on Plunge in Credit-Card Balances
    US consumer debt outstanding unexpectedly fell in November by the most in over a year as credit-card balances plunged.
    01/8/2025 - 7:53 am | View Link
  • UK 30-year borrowing costs rise to highest since 1998
    Britain's long-term government borrowing costs hit their highest since 1998 on Tuesday, adding to the problems facing finance minister Rachel Reeves who plans to borrow hundreds of billions of pounds ...
    01/7/2025 - 1:50 am | View Link
  • Credit card debt set to hit record levels as consumer holiday spending rises
    The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a record, between $979.5 billion and $989 billion.
    12/27/2024 - 4:03 am | View Link
  • Consumer Credit Rises Despite Higher Interest Rates, Keeping A Recession At Bay
    Mortgage debt, which is the largest component of total consumer debt (71%), increased by $121 billion. Student loan debt, which comprises 9% of total consumer debt, increased $9 billion during the ...
    05/16/2023 - 8:48 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News