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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: solihull who wrote (12864)11/8/2000 10:32:29 AM
From: solihull  Respond to of 65232
 
More good news:

"The Federal Reserve just released the latest consumer credit numbers showing that U.S. consumer borrowing slowed sharply in September. Consumer credit expanded $6.5 billion in September, while the August number was revised downward from $13.4 to $12.3 billion. Analysts had been expecting a jump of $11 billion for September.

The Fed said that both revolving and non-revolving credit growth slowed markedly in September, a fact that could indicate some slight consumer unwillingness to accumulate debt at the pace seen earlier this year."