Economic Indicators Show Signs of Promise, Consumers Pay Debt
Of the total $2.6 trillion in outstanding US consumer debt, total outstanding revolving credit was down 4.8% in April for a decline from $865.7 billion to 862.3 billion. This compares to the year ago figure of $789.8 billion. Meanwhile, as disclosed by the Conference Board, the Leading Economic Index just released figures up 0.3% for…