The world's number one consumers prefer saving
U.S. public credit has been reducing for the seventh month in August, after households decreased their consumption and the banks have reduced the crediting limits.
According to FED datas; the total public loan portfolio decreased by 5.8 percent in August, which means a 12 billion USD decrease annually. The expectations of the analysts were 10 billion USD. Consumers are spending less and saving more, because of the rising unemployment, stagnant wages, and the decrease of property prices – reports profitline.hu.

Related news
More related news >
Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >The prices of household and hygiene products can also be tracked in the Price Watch
The online Price Monitoring System operated by the Hungarian Competition…
Read more >