U.S. Consumer Credit Rises Modestly in March

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00009258-us-consumer-credit-rises-modestly-in-marc/

Consumers accelerated their borrowing by a less-than-expected $5.5 billion in March, the smallest gain since November, as credit card borrowing rose modestly, a Federal Reserve report showed on Friday.

The Fed said total consumer credit outstanding climbed in March to a seasonally adjusted $2.127 trillion.

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U.S. Consumer Credit Rises Modestly in March

Unknown Author

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