Consumer Credit Slows: Americans took out $4.22...

Consumer Credit Slows: Americans took out $4.22 billion more in consumer debt than they paid off in February, the slowest pace of growth in four months, the government said in a report consistent with other signs that the economy may be slowing. The Federal Reserve said the February increase in consumer credit was down slightly from January’s rise of $4.37 billion and was the smallest monthly gain since a $3.91-billion increase in October. Growth in the category of debt that includes credit cards strengthened in February, while the gain in auto loans was slightly smaller than in January.