US Credit Hits Record High Amid Economic Resurgence
International News
August 10, 2023
Beyond individual consumers, the surge in credit activity is also reflective of businesses seizing growth opportunities. As economic conditions improve and market uncertainties recede, companies are harnessing credit to fund expansions, research, and innovation. The record levels of credit highlight a confidence in future economic prospects, as businesses leverage financial resources to invest in their operations and drive economic recovery.