Lending to buy exceeds forecast

Consumer total up in December

Posted: February 8, 2014 at 1:14 a.m.

Consumer borrowing in the U.S. increased more than forecast in December as Americans made Christmas purchases with credit cards and took out loans for cars and tuition.

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Business, Pages 27 on 02/08/2014


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In this Wednesday, Jan. 22, 2014 photo, job seekers line up to meet prospective employers during a career fair at a hotel in Dallas. January was a second straight disappointing month for U.S. job seekers, though mainly in the government and retail sectors with the end of the holiday shopping season, according to the Labor Department, Friday, Feb. 7, 2014. Only 113,000 jobs were added in January, after an even softer 75,000 gain in December. (AP Photo/LM Otero)

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