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IPFS News Link • Economy - Economics USA

Consumer Debt Increases Most in 18 Years

12-11-2005 • Dembloggers

Americans increased their household debt at an annual rate of 11.6% in the third quarter, the fastest growth in 18 years, the Federal Reserve said. Total outstanding debt in the household sector rose to $11 trillion.

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Reported By Powell Gammill

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Consumer Debt Increases Most in 18 Years

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