OTHER NEWS - April 7, 1992
From Times Staff and Wire Reports
Consumer Debt Fell in February: The overall debt of American consumers fell modestly in February despite a sharp increase in credit card borrowing, according to a report by the Federal Reserve. Consumer credit fell $199 million to $729.3 billion, a 0.3% decline at a seasonally adjusted annual rate, the Federal Reserve said. That followed a revised 0.1% rise in January, originally reported as a 0.3% drop.
