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The Consumer Keeps Spending: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

U.S. consumer credit surprised to the upside.  Credit use increased by $23.7 billion in November, compared to a $9 billion increase projected by a Bloomberg survey of economists.  October consumer credit was upwardly revised $5.8 billion.

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