Just charge it
The Federal Reserve delivers its latest monthly data on consumer borrowing today.
The tally, which excludes mortgages and other loans secured by real estate, is expected to show Americans’ borrowing increased by $10.6 billion in February. That would follow a $1.3 billion drop in January, the first time consumer credit declined since August. Consumer borrowing is watched for hints about consumers’ willingness to finance their spending, which accounts for two-thirds of U.S. economic activity.