Indications Our Economy is Improving
Economic Highlights for the Week Ending March 11, 2011
Jill Bright, Sales Representative, Chicago Title Insurance Co. - Scottsdale Office - firstname.lastname@example.org
MONDAY, March 7th
Consumer credit outstanding grew for the fourth consecutive month, rising by $5.0 billion in January compared with market expectations for a $3.3 billion increase. Revolving credit balances fell by $4.2 billion during the month as credit in the non-revolving category surged $9.2 billion. Despite increasing over the past several months, households are still deleveraging albeit at a slower pace than before as evidenced by a smaller debt-to-income ratio.
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