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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Consumer credit in the US is falling against expectations

rocky
rocky
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Consumer credit in the US is falling against expectations Empty Consumer credit in the US is falling against expectations

Post by rocky Fri 05 Mar 2021, 5:25 pm

Consumer credit in the US is falling against expectations
Consumer credit in the US is falling against expectations 640

 05 March 2021 11:29 PM
Direct: Consumer credit in the US fell against analyst expectations in January, with the decline in renewable credit.
Fed data showed on Friday that consumer credit in the United States fell 0.4 percent, or $ 1.4 billion, on an annual basis in January, compared to an increase of about 2.5 percent, or $ 8.8 billion, in the previous December.
Analysts had expected US consumer credit to rise by $ 11.8 billion over the same period.
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Revolving credit, which includes credit cards, declined by 12.2 percent during the first month of 2020, compared to a decline of 3.4 percent in the previous month.
Non-renewable credit, “student and auto loans,” rose by 3.2 percent in January, compared to a rise of 4.4 percent in the previous month.
By 8:20 PM GMT, the main dollar index, which measures the currency's performance against the six major currencies, was down 0.4 percent to 91.97.

    Current date/time is Mon 06 Dec 2021, 1:37 am