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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (40651)	10/7/2008 6:01:36 PM
From: Jacob Snyder	1 Recommendation Read Replies (1) \| Respond to of 95617

Consumer Credit Drops for First Time in 10 Years October 7, 2008, 3:10 pm The rate of borrowing by Americans declined for the first time in 10 years during August, a sign of building stress on household finances. Consumer credit outstanding decreased $7.9 billion in August to $2.577 trillion, according to a Tuesday report from the U.S. Federal Reserve. That follows a $5.2 billion consumer credit increase in July, which is an upward revision from a previously estimated $4.6 billion increase. The August credit fell far short of Wall Street predictions, which had forecast a $6.0 billion increase in credit for the month. The 3.7% drop was the first decline since January 1998 blogs.wsj.com