Consumer borrowing rises again
This final note today, which is a little bit zeitgeisty, but revealing in its own way.
So the jobs numbers have been good lately, right? And there’s a tad more optimism out there, maybe? We’re feeling it — that’s for sure.
The Federal Reserve told us today that consumer borrowing rose in December. Not only that — it rose in November, too. Which is good, ’cause a borrowing consumer is a confident consumer. But it’s bad too, ’cause wages aren’t up much at all.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?