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Tag Archives: decline

Americans cut back on credit cards for 3rd month

WASHINGTON — Americans cut back on using their credit cards in August for a third straight month, a sign that consumers remain cautious about spending. Consumers increased their borrowing $13.6 billion in August to a seasonally adjusted $3.04 trillion, the ...

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Survey: Home prices down in most major U.S. cities

WASHINGTON — U.S. home prices are falling again in most major cities after posting small gains over the summer and spring. The report suggests the troubled housing market remains weak and won’t recover any time soon. The Standard & Poor’s/Case-Shiller ...

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Wholesale companies cut inventories but sales rise

WASHINGTON — Wholesale businesses in the U.S. reduced their stockpiles in September for the first time in nearly two years, while their sales rose. Inventories at the wholesale level fell 0.1 percent, the Commerce Department said Wednesday. It was the ...

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