Search

Enter keywords to search across all content

News•July 13, 2010

Consumers Continue to Tighten Purse Strings, Reveals Fed Report

Borrowing among U.S. consumers fell for the fourth straight month in May, dipping by 4.5 percent, according to the Federal Reserve.

News•April 13, 2010

Fall in Consumer Credit Reflected in February Auto Sales

Fear of the economy’s slow recovery, snow in the Eastern region of the country and a negative job report not only stalled February auto sales, but it also led to a three-month low in borrowing, according to the Federal Reserve’s February report.