U.S. households turn corner as debt burdens fall

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Reuters ? U.S. families took on more debt in late 2011 for the first time in 3-1/2 years but a rise in after-tax incomes left consumers in better shape to spend. Other data on Thursday showed the number of Americans filing for jobless benefits rose last week, but not enough to change perceptions the labor market was strengthening. Read Article

Tags: debt & wealth, financial system, North America

Source: http://www.openyoureyesnews.com/2012/03/10/u-s-households-turn-corner-as-debt-burdens-fall/

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