The latest consumer debt numbers are out, and the news is good.  Consumer debt decreased in February, as card holders held back on using their plastic. Overall, consumer debt was down to $794 billion, as illustrated in the graphic.  This decrease continues what has been a steady decline in card balances.  Beginning in September 2008, [...]

Today’s news that retail sales increased slightly at 0.3 percent in January is positive news on a couple of fronts. While the increase was not as large as many economists were hoping for, keep in mind that much of the country was braving intense winter storms and snow throughout much of the month. So put [...]