U.S. Consumer Credit Rose More Than Forecast in September
This article is for subscribers only.
Consumer credit in the U.S. increased in September for a second month, led by a pickup in borrowing for education and automobiles.
The $11.4 billion gain followed a revised $18.4 billion jump in August, Federal Reserve figures showed today in Washington. The median forecast of 34 economists surveyed by Bloomberg called for a $10.2 billion increase in September.