NEW YORK--(BUSINESS WIRE)--U.S. credit card ABS continues to exhibit strong performance despite the sluggish economic environment, according to the latest monthly index results from Fitch Ratings. The Commerce Department revised GDP down 0.7% last Friday after initial estimate of a 0.2% increase for first quarter-2015 (1Q'15). The contraction marked the weakest reading since 1Q'14 (when the economy shrank 2.1%) and the third decline since the U.S. economy has emerged from recession in 2009. In
| < Prev | Next > |
|---|
