US consumer borrowing up strong $16.6 billion in July
- AIM Team
- Sep 11, 2018
- 1 min read
Americans increased their borrowing to nearly double the pace of the previous month. This indicates that customers are more willing to take on debt.
Consumer debt rose by a seasonally adjusted $16.6 billion in July, up sharply from a gain of $8.5 billion in June.
Comments