Yes, the unemployment rate sank below 9% in February, but the investors didn’t seem to be impressed by that report. They’re expected to focus this week on government data regarding consumer credit, some retail earnings and who…
A quiet week for earnings, along with new reports on consumer credit, consumer sentiment, economic optimism, wholesale trade, the U.S. trade balance and federal budget balance, should give the stock markets a chance to settle d…
It means more shoppers are in stores, but they’re also spending more carefully. That’s not necessarily bad news for the holiday season. It’s just that retailers have accepted they’ll have to work hard this year to keep register…
Consumer credit unexpectedly rose by $2.1 billion in September, at an annualized rate of 1.1%, to $2.412 trillion, the U.S. Federal Reserve announced Friday. But the rise was only a partial victory for those who argue that credit expansion is required …
Total consumer debt fell by $3.3 billion in August. And as in July, declining revolving debt, which includes credit cards, accounted for the entire drop. The trend could keep GDP in check, but long term, it’s a positive.
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