Federal Reserve Reports Increase in Consumer Credit for 4Q2010 and December
The US Federal Reserve has reported its latest G.19 Consumer Credit statistics – finding that “consumer credit increased at an annual rate of 2.50% in the fourth quarter. Revolving credit declined at an annual rate of 2.75%, and nonrevolving credit increased at an annual rate of 5.50%. In December, consumer credit increased 3.00% at an annual rate.”
Similar Posts:
- US consumer inflation gains most in 15 months as food and petrol prices increase
- Banks Benefiting from More Business Credit Card Use
- Inflation fears as factory price rises hit two-year high
- Budget 2012: Changes to Old Age Security
- Saving Money in a Time of Higher Prices, Higher Poverty Rate
