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US Consumer Debt

Consumer Delinquencies Fell To Pre-Recession Levels Last Quarter

Reuters | Posted 03.05.2012 | Business

WASHINGTON, Jan 4 (Reuters) - More consumers made their home equity loan payments on time in the third quarter of 2011 and a broad measure of consum...

What's Great for the American Consumer Is Bad for Our Nation's Economy

Pamela Yellen | Posted 10.22.2011 | Business
Pamela Yellen

While our leaders in Washington pay little more than lip service to the need to reduce our nation's debt addiction, Americans by the millions are working harder than anytime in the past 40 years to live within their means.

Why U.S. GDP Growth Is Unsustainable And The Recovery Will Fade: Edward Harrison

Credit Writedowns | Edward Harrison | Posted 05.25.2011 | Business

The US turned in a fairly robust quarter in Q1 2010, with real GDP growth meeting expectations at 3.2% annualized. This comes on the back of a very ro...