Consumer Debt, the BIG Picture from the Fed

The Federal Reserve publishes current data on the status of what they call “Consumer Credit”. The BIG picture is not improving. This month’s report states, “Consumer credit increased at an annual rate of 3-1/4 percent in January”. It continues, “revolving credit increased at an annual rate of 7 percent.” The full release is here: Federal Reserve Consumer Credit Report

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Reddit
  • Twitter
March 24, 2008 – 4:47 pm | By rick | Posted in Debt Statistics | Comments (0)

No Comments

Post a Comment

You must be logged in to post a comment.