Consumer Credit Report Finds Upswing in Vehicle Loans

According to this article, Americans have started spending more and borrowing more to buy cars. This is most likely due to more optimistic view of the economy and the job market. When people feel secure, and believe they will have money for the future, they are more likely to spend money. This may be an example of an increaseing MPC (Marginal Propencity to Consume) This helps the economy to grow and mulitiplies the effect of government spending.


http://http//www.creditloan.com/blog/2010/03/08/consumer-credit-report-finds-upswing-in-vehicle-loans/