Definition
Consumers are finally giving their credit cards a break. A combined measure of how much consumer debt increased for credit cards and other consumer loans (but not mortgages) fell to $11.6 billion in December from $33.1 billion in November, the Federal Reserve reported Tuesday. The drop-off was far greater than the decline to $26 billion that economists had predicted. A chart shows just how steep t
In Panel Profits
In the Panel Profits market platform, Consumer Borrowing Unexpectedly Plunged In December applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.