Consumer Credit Rises $6.09 Billion In December, First Increase Since August 2008

| February 7, 2011

We’ll see how long this lasts, best guess is it’s a short lived event…..why do we say that?  Well, just look around you, what do you see….states, counties and cities getting ready for large budget cuts and layoffs, and taxes will have to go up. We have not solved any of the problems that caused the 2008-2009 economic crisis, […]

U.S. Consumer Credit Increased $2.1 Billion In September

| November 5, 2010

Interestingly…..Credit-card debt declined for the 25th straight month, while non-revolving loans rose by the most since August 2007. Consumer borrowing in the U.S. unexpectedly increased in September by the most in two years, and saw a surge in non-revolving credit such as college loans and auto financing. Credit rose $2.1 billion and was more then estimated after […]

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