facebook
twitter
rss
account
search
search
 

Consumer credit rose in December

Feb. 7, 2012 at 7:15 PM   |   Comments

WASHINGTON, Feb. 7 (UPI) -- Consumer borrowing rose by $20 billion in December to $2.49 trillion, the U.S. Federal Reserve said Tuesday.

The Fed said non-revolving credit, which includes auto loans, personal loans and student loans, rose from $1.68 trillion in November to $1.69 trillion in December. Revolving credit, which includes lines of credit and credit cards, increased from $7.9 billion to 8 billion, the Fed said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
New National Security Cutter delivered to Coast Guard New National Security Cutter delivered to Coast Guard
2
First MT30 engine for Korean Navy frigates passes acceptance tests First MT30 engine for Korean Navy frigates passes acceptance tests
3
Boeing exploring collaboration with Danish firm to develop UAV Boeing exploring collaboration with Danish firm to develop UAV
4
Creator of 'Honey Badger Don't Care' brand sues for trademark infringement Creator of 'Honey Badger Don't Care' brand sues for trademark infringement
5
Anheuser-Busch not satisfied with the way NFL has handled recent incidents Anheuser-Busch not satisfied with the way NFL has handled recent incidents
Trending News
Video
x
Feedback