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March 8th, 2006

Consumer credit up 2.2% in Jan 2006

Posted by ZDNet Research @ 12:10 am

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The Federal Reserve reported that consumer credit grew at an annual rate of 2.2% in January 2006, up from a 1.9% rate of increase in December 2005. It was the best showing since consumer credit grew at a 3.1% pace in September 2005.

Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.

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