US:Consumer Credit
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Definition
The dollar value of consumer installment credit outstanding.
Changes in consumer credit indicate the state of consumer finances and
portend future spending patterns.
Released For Jul 2007 Sep 10, 2007 19:00 GMT
Consumer Credit - M/M change
Consensus $7.0B




Market Consensus Before Announcement
Consumer credit surged for a second straight month, up $13.1
billion in June on top of May's $16.0 billion increase. Gains in June were
split evenly between revolving credit (largely credit cards) and
non-revolving credit (largely vehicle loans).

Consumer credit Consensus Forecast for July 07: +$7.0 billion
Range: +$3.0 billion to +$12.0 billion


Description
Growth in consumer credit can hold positive or negative
implications for the economy and markets. Economic activity is stimulated
when consumers borrow within their means to buy cars and other major
purchases. On the other hand, if consumers pile up too much debt relative to
their income levels, they may have to stop spending on new goods and
services just to pay off old debts. That could put a big dent in economic
growth.
The demand for credit also has a direct bearing on interest
rates. If the demand to borrow money exceeds the supply of willing lenders,
interest rates rise. If credit demand falls and many willing lenders are
fighting for customers, they may offer lower interest rates to attract
business.

Financial market players focus less attention on this indicator
because it is reported with a long lag relative to other consumer
information. Long term investors who do pay attention to this report will
have a greater understanding of consumer spending ability. This will give
them a lead on investment alternatives.



FOTJul2007



--
"Le persone raramente raggiungono il successo a meno che non si
divertano nel fare ciò che stanno facendo"

> "Le persone raramente raggiungono il successo a meno che non si
> divertano nel fare ciò che stanno facendo"


non per nulla mi chiamano siffredino :-)

"* Jack * ~

> non per nulla mi chiamano siffredino :-)

Rocco si Freddo :-))

"*Afef la bella tunisina*®" <afef@ariccia.com> ha scritto nel messaggio
news:rUaFi.13252$Th1.8216@tornado.fastwebnet.it...
> "* Jack * ~
>> non per nulla mi chiamano siffredino :-)
> Rocco si Freddo :-))

freddo non direi, è surriscaldato come la canna della glock