Indicators
US Consumer Borrowing Rises $27.1 Billion in Slight Pickup
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US consumer borrowing accelerated in October from a month earlier, reflecting an increase in credit-card balances and steady growth in non-revolving lending.
Total credit increased $27.1 billion from the prior month after rising almost $26 billion in September, Federal Reserve figures showed Wednesday. The median forecast in a Bloomberg survey of economists called for a $28 billion advance. The figures aren’t adjusted for inflation.