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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (2908)	12/5/2003 3:03:36 PM
From: ild	Read Replies (1) \| Respond to of 110194

15:00 ET Consumer Credit $0.94 bln vs $5.0 bln consensus : WASHINGTON (Dow Jones)--U.S. consumers took on more debt in October, even though nonrevolving credit shrank for the first time since June. Households borrowed more on credit cards but took on fewer nonrevolving loans such as car and boat loans, the Federal Reserve said Friday. Overall, U.S. consumer credit grew about $900 million in October to a seasonally adjusted $1.977 trillion. The rise was smaller than Wall Street expected. Some analysts were calling for consumer credit to rise by about $7.5 billion in October. Consumer credit data tend to be highly volatile from month to month and are frequently revised. September consumer credit was revised to show a $17.0 billion gain from an initial estimate of a $15.1 billion gain.