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Entries for June, 2010

Consumer credit rises, but remains weak

consumer credit rose modestly in April but remained depressed as Americans shied away from taking on new debt amid high
The Federal Reserve said on Monday total outstanding credit to U.S. consumers, everything from car loans to credit card accounts, rose by $955 million during April to $2.44 trillion, only the [...]

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Small businesses slowly becoming more optimistic

Small businesses are slightly more optimistic about their economic outlook than they have been in the last two years but are still not ready to expand staffs and boost capital spending, according to a survey released on Tuesday.
The National Federation of Independent Business said its survey showed the second straight month [...]

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