The Housing Chronicles Blog: January consumer credit use grew at slowest pace in four months

Wednesday, March 7, 2018

January consumer credit use grew at slowest pace in four months

January consumer credit use grew at the slowest rate in four months.  The combination of this, along with sluggish household spending figures reported for January, indicates consumers may have been reluctant to increase credit-card balances following much stronger outlays in the fourth quarter. Gains in overall consumer credit cooled for a second month.

READ MORE

No comments: