Consumer Borrowing

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Consumer borrowing is increasing after the economy grew 5.9 percent last year, the most since gross domestic product jumped 6.9 percent in 2007. The economy will grow about 5 percent in 2012, Uribe said last week. That compares with ...
May 25, 2012 at 14:09 | Source: Bloomberg
Consumer borrowing in the U.S. surged in March by the most in more than a decade on growing demand for educational financing and autos. Credit rose by $21.4 billion, the biggest gain since November 2001, to $2.54 trillion, Federal Reserve ...
May 7, 2012 at 19:02 | Source: Businessweek
WASHINGTON (AP) — U.S. consumers likely increased their borrowing in March for a seventh consecutive month, with gains expected in auto loans. Economists were looking for consumer borrowing to rise by $10 billion in March, according to a survey by FactSet.
May 7, 2012 at 17:15 | Source: YAHOO!
Stimulus measures, such as tax cuts on vehicles and consumer borrowing announced yesterday, may limit monetary policy stimulus, said Luciano Rostagno, chief strategist at WestLB do Brasil. “The figure brought some relief but not enough to ...
May 22, 2012 at 14:20 | Source: Bloomberg
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May 8, 2012 at 18:33 | Source: SmartBrief
The good news for investors is that this hasn’t happened yet. Domestic consumer borrowing is still growing at about 3% on an annualized basis, fuelled largely by demand for mortgages. Industry officials argue that’s significantly less than ...
May 24, 2012 at 02:57 | Source: Financial Post
More from GlobalPost: US consumer borrowing soars by $21.36 billion in March Half of all consumers in the survey said the economy had improved during the past year, while buying plans for vehicles and household durables also improved, Reuters reported.
May 25, 2012 at 19:45 | Source: GlobalPost
The RBA has been hoping, the minutes showed, to spur an appropriate level of consumer borrowing in deciding to slash the cash rate by 50-basis-point, which appears to have missed the mark for now. "I think there is an element to mortgage rates ...
May 16, 2012 at 18:30 | Source: Int'l Business Times
Why Is This Event Important: Consumer price in Canada are projected to increase ... 12-months according to Credit Suisse overnight index swaps, but a rise in borrowing costs may only be a one-time deal as the central bank tries to address ...
May 17, 2012 at 04:53 | Source: DailyFx
Consumer borrowing increased $21.3 billion in March to $2.54 trillion. This is the largest monthly increase since November 2001. Revolving credit (credit cards) and non-revolving credit advanced in March, with the latter posting the larger gain.
May 8, 2012 at 03:52 | Source: Stock Markets Review