U.S. consumer credit loans on a decade high level

By: trademagazin Date: 2012. 01. 10. 12:10

According to the datas publsihed by Fed; the U.S. consumer lendings in November increased by much more than expected by, 20.4 billion dollars, has not seen since November 2001.

On the basis of the revised datas; an increase 6 billion USD occurred in October, while November expectations were about 7.1 billion USD. Credit growth in November, on an annual level was 10 percent, which far exceeded analysts' prior expectations. All types of credit showed an expansion during the month. (Világgazdaság Online)

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