Total Credit decline from $2,475 billion to $2,463
October 08, 2009 at 10:08 AM EDT
[Skip to the end] Two things: 1. Sales remain soft. 2. The federal deficit spending facilitates the same amount of sales with less credit. > > (email exchange) > > On Sun, Jul 12, 2009 at 9:20 AM, Dave wrote: > > Yet another month where the decline in consumer credit comes in worse than > expected: Total Credit decline from $2,475 billion to $2,463, with the [...]