Consumer borrowing slows in December
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Consumers increased their borrowing at a more modest pace in December as credit card debt increased at the slowest rate in nine months.
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U.S. consumer sentiment fell in  December, a prelimiary report showed on Friday, as consumers  pared back their views of future financial conditions.
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US consumer borrowing grew at its slowest pace in four months in July, official figures show.
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Consumer prices rose modestly in December while industrial production was flat, leaving the door open for the Federal Reserve to slash interest rates later this month to shore up an economy that some fear is on the verge of a recession.
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BusinessWeek Online - November ended with a volley of unfriendly data for the U.S. economy, and it looks as if December is starting out the same way. Weakness in U.S. economic reports released on Dec. 1 concerning the Institute for Supply Management's factory sentiment index, and construction spending -- following the weak releases on durable goods orders, the Chicago purchasing managers' sentiment index, and initial jobless claims earlier in the week -- have taken a big chunk out of the near-term U.S. GDP outlook. But the reports probably won't move the Federal Reserve from its current policy path.
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Americans are falling further behind on consumer loans, with late payments rising to the highest level since the nation's last recession in 2001, data released Thursday show.
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WASHINGTON Worry about debt is weighing on shoppers this holiday season. But it&#39;s not keeping them from paying with plastic. Those are the findings of an Associated Press poll.
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Consumers borrowing increased in January, reflecting an increase in auto loans.
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Borrowing was at the slowest pace in five months, reflecting weaker demand for auto loans.
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Business & money: Figures for December are lowest since 2005, despite strongest ever year for lending
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Americans increased their borrowing in July at the slowest pace in four months as the gain in credit card debt fell off sharply.
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WASHINGTON -- Worsening problems in the housing, credit and financial markets drove the Federal Reserve to do an about-face in December and slice its key interest rate yet again with the hope it would help bolster an economy that was losing speed, according to meeting minutes made public Wednesday.
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U.S. shoppers have kept a tight grip  on their wallets this holiday season with indices on Tuesday  showing sluggish sales in the second week of the season.
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Business activity, capital spending  and hiring slowed in the third quarter in response to  tightening credit conditions and a rapidly deteriorating  housing market, an industry survey showed on Monday.
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U.S. consumer sentiment ebbed in December as consumers pared back their view of their future financial conditions, raising concerns on the outlook for spending.
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Retail spending by Americans was  little changed in December as consumers anxious over the  housing slump and high oil prices held back on purchases during  the crucial holiday season, a report released on Friday showed.
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U.S. consumer sentiment fell in December, a prelimiary report showed on Friday, as consumers pared back their views of future financial conditions.