U.S. consumer credit card debt hits $1.07 trillion, growth slows but debt still rises steadily.

Consumer Credit Card Debt Continues to Grow Consumer credit card debt in the US continues its upward trajectory, reaching a staggering $1.07 trillion as of August 14, 2024. This marks another milestone in the ongoing trend of rising consumer debt, though there are signs that… pic.twitter.com/Il5SBi52Zl — Reef Insights (@ReefInsights) August 27, 2024

Real retail sales down 4%, declining for two years—recession looming? Consumer loans delinquencies are steadily marching higher.

Even $2Tn deficits not working? — Chart Cruncher (@NaughtonPaolo) July 16, 2024 Consumer loans delinquencies are steadily marching higher Unemployment is creeping up Corporate profits are cooling off pic.twitter.com/CsTOmBbGlm — Win Smart, CFA (@WinfieldSmart) July 15, 2024 Trucking Employment Continues to Decline The latest data on trucking employment paints a concerning picture for the transportation …

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OPEC and OPEC+ continue to reduce supply, but demand is also steadily decreasing.

The tug-of-war btw global recession & Saudi Arabia continues. After wrestling control from demand via supply constraints, suddenly demand is back on the table. Plunging gasoline use in the US has spiked gasoline stocks threatening to spill over.https://t.co/bzQDDykYs1 pic.twitter.com/HmZ3O31SoA — Jeffrey P. Snider (@JeffSnider_EDU) October 5, 2023 S&P Global's services number just barely on the …

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