Consumer Financial Stress
Trend: Holding · Category: Money · Region: United States · Confidence: Medium
Why we're watching
Household finances ultimately determine spending, and consumer spending drives roughly two-thirds of the U.S. economy. A substantial and prolonged decline in consumer spending could drive the economy into recession.
Next key trigger
What could change this Consumer spending weakens materially, credit delinquencies accelerate, or household balance sheets improve.
Latest signals
- 2026-07-16 — Credit card delinquencies remain above pre-pandemic levels. Why it matters: There is a K-shaped economy with "the rich" doing extremely well in markets while everyone else struggles...this helps confirm it.