Consumer Credit “Unexpectedly” Fell Hard In August

| October 7, 2011

So, the consumer is still tapped out….duh.  The government is the only one that doesn’t see this. The consumer credit number was dreadfully bad. It printed -$9.5bn against an expectation of +$8bn and vs  prior year of $12bn. And…We just saw the first drop in non-revolving credit in a year. This is credit that goes […]

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