This is how consumer slowdowns actually start.
US household debt service is now ~30% of disposable income — the highest since 2008. That means the average American is spending 1 out of every 3 dollars they earn after taxes just to service debt. This is how consumer slowdowns actually start. pic.twitter.com/OXVAKBnqBh — Jon Brooks (@jonbrooks) January 9, 2026 On Thursday, WalletHub released …