Consumer Lending Reaches Record High in March

By Apr 23, 2010, 10:56 PM Author's Website  

Consumer Lending Reaches Record High in March

Consumer lending jumped by more than $83 billion in March to $901.6 billion, the highest level in history, according to data recently released by the Federal Reserve (see chart above).

Business lending increased the last week of March and the first week of April, the first two back-to-back weekly increases December 2008, see chart below (data here).

Consumer Lending Reaches Record High in March

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