Installment Debt Sets Record
- Share via
Associated Press
WASHINGTON — Americans took on a record $10.37 billion more in installment debt than they paid off in February, the government said today. The Federal Reserve Board said the February surge surpassed the old record increase of $9.09 billion set last May. It contrasted with a January increase of $7.22 billion.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
