Consumer Borrowing Falls $14.8 Billion in September
By: AP | CNBC | Friday, 6 Nov 2009 | 4:18 PM ET
Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery.
The Federal Reserve said Friday that borrowing fell at an annual rate of $14.8 [...]
