U.S. consumer credit falls for 11th month in December 2009
From: Business - People's Daily Online
Category: Business
02/06/2010 (1 d 21 h ago)
U.S. consumer credit dropped for the 11th month in a row in December 2009 as Americans cut their borrowing in the economic uncertainty, reported the Federal Reserve on Friday.
The Fed said that total borrowing in December dropped by 1.8 billion dollars from 2,458.6 billion dollars in November to 2,456. 8 billion dollars. It is far less than the revised 10.6 billion dollars decline for November. It also was well below the 9 billion dollars drop analysts had expected.
The previous record of ...
The Fed said that total borrowing in December dropped by 1.8 billion dollars from 2,458.6 billion dollars in November to 2,456. 8 billion dollars. It is far less than the revised 10.6 billion dollars decline for November. It also was well below the 9 billion dollars drop analysts had expected.
The previous record of ...
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