Consumer Credit Advanced in the United States
Politics / US Politics Jan 10, 2012 - 07:11 AM GMTConsumer credit grew at an annual rate of 10.0% in November, inclusive of strong growth in revolving (+8.5%) and non-revolving credit (+10.7%). This is another metric that is indicative of improving economic conditions in the U.S. economy.
Asha Bangalore — Senior Vice President and Economist
http://www.northerntrust.com
Asha Bangalore is Vice President and Economist at The Northern Trust Company, Chicago. Prior to joining the bank in 1994, she was Consultant to savings and loan institutions and commercial banks at Financial & Economic Strategies Corporation, Chicago.
Copyright © 2012 Asha Bangalore
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