8 Hrs
الاقتصادية
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الاقتصادية

2026-11-04T14:38:00.000Z

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Spending warning signs

Spending warning signs

The article identifies three indicators threatening U.S. consumer spending, which accounts for about 70% of GDP: rising debt burdens, increasing delinquencies, and falling consumer confidence. The share of households spending more than 40% of their income on debt payments has reached its highest level since 2013. Delinquencies on auto loans and credit cards have also risen to their highest levels since the period following the 2007–2009 recession, despite stabilizing in the first and second quarters of 2026. Consumer confidence has fallen to one of its lowest levels since tracking began in the 1980s, as price increases have outpaced wage growth for the sixth consecutive month. A weakening labor market or a resurgence of inflation could put further pressure on spending.

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