25.6% of U.S. renters are spending more than half their income on housing, per Axios.
— unusual_whales (@unusual_whales) September 23, 2024
Personal Savings Rate Continues Decline
The American piggy bank is running on empty.
In a troubling sign for household financial health, the latest data from July 2024 reveals that the personal savings rate in the United States has plummeted to a mere 2.9 percent.
This figure… pic.twitter.com/SlP9nYSYyW
— Reef Insights (@ReefInsights) September 18, 2024
Rising consumer defaults reflect financial pressure, climbing fastest since 2007; 2008 levels imminent by 2025.https://t.co/Xsirf5TTJxhttps://t.co/Xsirf5TTJx
— Citizen Watch Report (@Citizenwatchrep) September 24, 2024