Category Archives: Economic Indicators

February Consumer Credit +2.4%

Consumer credit increased at an annual rate of 2.4% in February; revolving credit grew at a 5.9% rate, and nonrevolving credit was up 0.4%. You can read the full report by clicking here, FRB: G.19 Release–Consumer Credit–April 7, 2008. Interest … Continue reading

Posted in All, Economic Indicators, U.S. Economy | Comments Off on February Consumer Credit +2.4%

March Employment Down 80,000

(April 4, 2008) – The BLS released The Employment Situation: March 2008 on Friday morning, announcing that the unemployment rate rose from 4.8% to 5.1% in March while non-farm payroll employment fell by 80K jobs. Payroll employment has declined by … Continue reading

Posted in All, Economic Indicators, U.S. Economy | Comments Off on March Employment Down 80,000