US Consumer Spending Surges In April - Presented by: The Aol. On Network

Consumers increased their borrowing by a sizable amount in April, with growth in credit card debt rising at the fastest pace in more than 12 years. The Federal Reserve says that overall credit increased by $26.8 billion in April, up from a gain of $19.5 billion in March. The strong increase is a good sign for the economy, suggesting that consumers are confident enough to boost purchases by borrowing.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
KMI $ 42.32 1.57 ▲ 3.85%
SDRL $ 15.99 4.72 ▼ 22.79%
AAPL $ 119 1.40 ▲ 1.19%
FB $ 77.62 1.99 ▲ 2.63%
PBR $ 10.60 0.21 ▲ 2.02%
TIBX $ 24.03 0.09 ▲ 0.38%
PFE $ 31.10 0.63 ▲ 2.07%
MSFT $ 47.75 0.28 ▲ 0.59%

As of 11/26/2014, 04:15 PM
More Most Active