Consumers are still confident in the economy, if their borrowing is any indication

Ben Bradford Feb 8, 2019
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Cheerful young women using credit card for payment in bar.  valentinrussanov

Consumers are still confident in the economy, if their borrowing is any indication

Ben Bradford Feb 8, 2019
Cheerful young women using credit card for payment in bar.  valentinrussanov
HTML EMBED:
COPY

A turbulent stock market, rising interest rates and the government shutdown didn’t do much to curb borrowing. Americans continued putting more money on their credit cards and taking out more loans for school and autos in December. Consumer credit grew 5 percent, up $17 billion, according to the latest monthly report from the Federal Reserve.

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