69.2% paycheck to paycheck. $18.59T in household debt. 26.3% can’t cover bills. This is fragile.

Household Debt Hits $18.59 Trillion in Third Quarter; Mortgage Originations Tick Up
Total household debt increased by $197 billion to reach $18.59 trillion in the third quarter, according to the latest Quarterly Report on Household Debt and Credit. Mortgage balances grew by $137 billion and totaled $13.07 trillion at the end of September. The pace of mortgage originations increased, with $512 billion newly originated in the third quarter. Credit card balances rose by $24 billion from the previous quarter and stood at $1.23 trillion, while auto loan balances held steady at $1.66 trillion. HELOC balances rose by $11 billion to $422 billion, and HELOC limits rose by $8 billion, continuing the growth that began in 2022. Student loan balances rose by $15 billion and stood at $1.65 trillion.

https://www.newyorkfed.org/microeconomics/hhdc