Research >> Economics
Consumer credit decreased at an annual rate of 3.0%
Consumer credit decreased at an annual rate of 3 percent in the fourth quarter. Revolving credit decreased at an annual rate of 5-1/2 percent, and nonrevolving credit decreased at an annual rate of 1-3/4 percent. In December, consumer credit decreased at an annual rate of 3 percent.
Posted: February 6, 2009 Friday 03:00 PM