Friday, May 25, 2018
One of America's Great Newspapers ~ Toledo, Ohio


Consumer debt rises by $21.4B in month

WASHINGTON — U.S. consumer debt rose by $21.4 billion in March from February to a seasonally adjusted $2.54 trillion, the Federal Reserve said Monday. The one-month increase was the seventh consecutively and the largest since November, 2001.

A measure of auto and student loans increased by $16.2 billion. A separate gauge of mostly credit-card debt rose $5.2 billion after declining in January and February.

The total borrowing was slightly below the record of $2.58 trillion reached in July, 2008.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2018 Toledo Blade

To Top

Fetching stories…