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Consumer Borrowing Falls Despite Greater Spending
Consumer credit balances are on a steady downward trend, reflecting both weak consumer demand for credit and still-stringent lending standards. Total credit balances fell by $12 billion to a total of $2.463 trillion. The 5.8% annualized rate of decline was slightly slower than it was in the previous two months.... |
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New To Consumer Flow?
"...a great tool for businesses and traders who constantly must have their fingers on the pulse of consumer cash flow..." - Barron's, March 21, 2005
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