The Week AheadBy
INSTALLMENT CREDIT Tuesday, Sept. 8
Consumers continue to pare away at their piles of debt. Economists surveyed by mms International, a division of McGraw-Hill Inc., expect that installment credit fell by $1 billion in July. That would be the sixth consecutive drop, including a $1 billion decline in June. Slumping car sales suggest that auto financing likely fell again. That would offset a probable small gain in revolving credit.
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