U.S. consumer debt rose in Jan. on credit-card borrowing

TOTAL U.S. CREDIT rose $17 billion from the prior month. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS
TOTAL U.S. CREDIT rose $17 billion from the prior month. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS
NEW YORK - United States consumer debt picked up in January as Americans tapped credit cards after the holidays, suggesting support for spending at the start of the year following a weak December. Total credit rose $17 billion from the prior month, matching the median estimate of economists, following a downwardly revised $15.4 billion gain…

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