Bloomberg News
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Are U.S. Consumers Running Out of Steam?
Posted
October 28, 2019
Views
284
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4
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2.11%
October 28, 2019
284
4
2
2.11%
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1:03Now PlayingThey’ve been keeping the U.S. economy afloat for over 12 months, according to analysts. However, the U.S. consumer may not be able to maintain the burden much longer. Non-housing debt in the U.S. has experienced 20 consecutive quarters of increase, and is at the same level as its last peak, in the third quarter of 2008. For most analysts, the consumer slowdown is simply a matter of time. Insights via @CMEGroup
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