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Saturday, April 4, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: consumer borrowing

U.S. consumers ramped up their credit card spending in October

The Federal Reserve said Friday that total consumer borrowing rose in October by a seasonally adjusted $18.9 billion, up from a September increase of $9.6 billion.

U.S. consumer borrowing posts biggest gain since late 2017

The Federal Reserve said overall consumer borrowing increased by $23.3 billion in July after a $13.8 billion advance in June. It was the biggest monthly gain since a $29.9 billion …

U.S. consumer borrowing up $20.5 billion in October

American consumers increased their borrowing by $20.5 billion in October. It was the biggest gain in 11 months and reflected strong increases in the use of credit cards and in …

U.S. consumer credit up $18.4 billion in May, most in 6 months

American consumers increased their borrowing in May at the fastest pace in six months, reflecting a sharp rebound in the category that includes credit cards.

Consumers boost borrowing $16 billion in October

Consumers increased their borrowing in October at the slowest pace in four months as growth in credit card debt and the category that covers auto loans and student loans slowed.

Consumer borrowing grows by $17.7 billion in July

American consumers increased their borrowing in July, though the category that includes credit cards grew at the slowest pace since February.

Consumer borrowing slowed in April

Consumers slowed their borrowing in April after pushing up their debt levels by a record amount in March.