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April Consumer Credit: +$1B (+0.5% annual) to $2.44T, vs. consensus -2B. Prior revised up to...

April Consumer Credit: +$1B (+0.5% annual) to $2.44T, vs. consensus -2B. Prior revised up to -$5.4B from +$2B. Non-revolving credit +$9.4B (+7.1% annual), revolving credit -$8.5B (-12% annual).
Comments (7)
  • nightfly
    , contributor
    Comments (1017) | Send Message
    OMG, from +2B to -5.4B? Somebody added instead of subtract some big numbers. I mean with that kind of revision, how useful can these numbers be?
    7 Jun 2010, 03:41 PM Reply Like
  • Silentz
    , contributor
    Comments (708) | Send Message
    Must've been the same guy that predicted the jobs numbers last week...
    7 Jun 2010, 04:07 PM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
    Yes----something is wrong with these numbers....those are big changes....
    7 Jun 2010, 03:54 PM Reply Like
  • randommw
    , contributor
    Comments (53) | Send Message
    Need to look at the adjustment relative to the total. It's been revised down 2.36% from $2,446,400 million to $2,390,000 million.
    7 Jun 2010, 04:45 PM Reply Like
  • Carl Spackler
    , contributor
    Comments (418) | Send Message
    It just continues the theme - almost every economic number has been revised downward a month after it is announced. It's just the Obamunist's way of trying to make economic perception the reality. Lie today and maybe it will come true!
    7 Jun 2010, 04:25 PM Reply Like
  • inthemoney
    , contributor
    Comments (981) | Send Message
    How many times do we have to repeat - it is not about Obama. It is about dems and reps and special interest screwing the economy together for the lst 20 + years. Grrrrr.
    7 Jun 2010, 09:28 PM Reply Like
  • Harry Tuttle
    , contributor
    Comments (2221) | Send Message
    Didn't Paulson (and Geithner) say that we HAD to bailout the banks because otherwise they wouldn't lend?


    How about if people don't want to borrow?


    I feel like quoting Taylor (Charlton Heston) at the end of Planet of the Apes
    7 Jun 2010, 05:06 PM Reply Like
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