Consumer Debt Slows — Signals Customer Caution

According to new information released by the Federal Reserve yesterday (Dec. 7), Americans took on debt at a slower rate in Oct. 2015, indicating more cautious spending on the part of consumers.

Sourced through Scoop.it from: www.pymnts.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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