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Consumer Credit Down in November for Record 11th Month

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SORRY, ECONOMY
"While economists have worried for years about the low rate of U.S. savings, the concern now is that consumers could derail the recovery if they start saving too much of their incomes," the AP reports after the latest figures were released. "Borrowing on credit cards fell by $8.5 billion, while other types of loans increased by $6.8 billion."
SOURCE:   Associated Press

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