The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (8018)	1/8/2003 3:24:25 PM
From: David Jones	of 306849

Consumer Credit Posts $2.2 Billion Drop story.news.yahoo.com WASHINGTON (Reuters) - Consumer credit outstanding posted an unexpected decline in November, the Federal Reserve (news - web sites) said on Wednesday, its first drop in more than four years. The central bank said consumer debt fell by $2.2 billion in November after rising a revised $1.6 billion in October. It was the first time since January 1998 that credit had declined. Analysts polled by Reuters had expected credit to increase by $3.9 billion in November

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