Rise in U.S. household debt may point to spending trend

03/7/2013 | Reuters

A 2.5% rate of increase in U.S. household debt in the fourth quarter may mark an end to the deleveraging that has been weighing on the economy since 2008. The Federal Reserve's Flow of Funds report also showed substantial growth in the net worth of U.S. households during the period, with a gain of $1.1 trillion to $66 trillion.

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