The latest consumer credit report issued by the Federal Reserve shows Americans were paying down their debt at record levels in August. For the first time in almost 11 years, the data suggest Americans paid off more debt than they spent in the month, which may be in part due to the fiscal stimulus package...
Surprising to the upside, seasonally adjusted consumer debt rose $15.3 billion in March, according to data released Wednesday from the U.S. Federal Reserve, which also showed that total consumer credit rose to 2.558 trillion. The change was above the consensus for a $6.0 billion increase, after February...
Surprising to the downside, seasonally adjusted U.S. consumer debt rose $5.2 billion in February, according to data released Monday from the U.S. Federal Reserve, which also showed total consumer credit rose to $2,539.7 trillion. The change was below the consensus for a $6.0 billion increase, after January...