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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (7612)	6/7/2004 3:36:12 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

3.9 came in.... Economists expected an increase of $6.7 billion in April. Tell me the bond market did not know the number today all day. U.S. April consumer credit rises $3.9 billion By Rex Nutting WASHINGTON (CBS.MW) -- U.S. consumer credit expanded by $3.9 billion, or a 2.3 percent annual rate, in April to a seasonally adjusted $2.03 trillion, the Federal Reserve reported Monday. Revolving credit, such as credit cards, fell by $3.2 billion or 5.1 percent. Nonrevolving credit, such as auto loans, rose by $7.1 billion or 6.7 percent. March's increase in credit was revised to $9.3 billion from $5.7 billion earlier. Economists expected an increase of $6.7 billion in April. Mish