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Taking Credit; Consumer Borrowing
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 399 no. 8732 (May 2011)
,
page 37.
Topik:
Economic Recovery
;
Borrowing
;
Bank Loans
;
Consumer Behavior
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.66
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
America's economic recovery will soon be two years old, yet it remains disappointingly weak. That is due, more than anything, to the painful process of deleveraging, as banks and borrowers work off a mountain of debt. There are, however, glimmers of a turn-around. A survey released on May 2nd by the Federal Reserve found more banks easing standards for consumer loans than at any time since 1994. And sure enough the figure for consumer loans excluding property has risen in recent months. The biggest contributors to the uptick have been student loans and rising car sales, helped in turn by newly-pushy banks and other lenders. Mortgage lending remains the sickest part of the credit market.
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