Nov. consumer credit up most since 2001

By Reuters

Consumer credit in November expanded by the most since 2001, rising $20.37 billion after increasing a revised $6.02 billion in October, a Federal Reserve report showed on Monday.

That was nearly three times the median forecast in a Reuters poll for a $7.0 billion gain in outstanding consumer credit.

Nonrevolving credit, which includes student and auto loans, rose $14.78 billion in November after a revised $5.34 billion increase in October.

Revolving credit, which mostly measures credit-card use, rose $5.60 billion, the third straight monthly increase.

Source: http://bottomline.msnbc.msn.com/_news/2012/01/09/10077787-november-consumer-credit-up-most-since-2001

mls cup amas 2011 black friday elliot elliot la galaxy la galaxy