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From Times Staff and Wire Reports

Installment Debt Jumps Again: Consumer credit rose $10.6 billion in September, the 22nd straight monthly advance, though the growth was slower than in August, the government said. The Federal Reserve Board said installment debt jumped 14.6% at an annual rate, compared to a 21.3% increase in August, when consumer spending rose a revised $15.2 billion. The August increase, the largest since $16.3 billion in January, 1989, was originally estimated to have been a much smaller $11.2 billion. Consumer credit includes all household debt not secured by real estate. The totals were adjusted for seasonal variations.

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