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New Mexico State University
The website for the College of Business at New Mexico State University

LCSN: Debt down, savings up, but is that good news?

August 22, 2010. Retrieved online August 23, 2010 from Brook Stockberger, Las Cruces Sun-News LAS CRUCES — Here is the good news: Recent reports by the New York Federal Reserve and Equifax Inc., show that debt is down. The bad news: Some of the reasons debt is down include high unemployment, the drop in housing prices and tight credit. So whither the economy? Savings/recovery/stimulu More »