Monday, November 7, 2011

US Consumer Credit: Headline strengthens, details more mixed

US Consumer Credit increased USD 7.386 bln, exceeding expectations of a USD 5,150 bln rise over the month of September. Though the prior month's USD 9.682 bln fall was revised down a bit, but the fact that this month's number is back in positive territory is "a good thing" (as convicted felon Martha Stewart would say).



However,