US consumer borrowing up $16.5 billion in February

This is a summary. To read the whole story subscribe to

Consumers increased their borrowing in February on autos and student loans by the largest amount in a year. But for a second straight month, they cut back on credit card use.

Consumer borrowing climbed $16.5 billion, up from a $13.5 billion gain in January, the Federal Reserve reported.

Full story for subscribers.

Get the full story with unlimited access to

Just 99 cents for four weeks.