US Credit Card Debt Offers Ominous Sign for Economy | Presented by CME Group

Name: US Credit Card Debt Offers Ominous Sign for Economy | Presented by CME Group
Uploaded: 2024-08-27T05:54:23.322Z
Duration: 1 min 19 s
Channel: Channeldo Credit
Description: Consumer credit card debt breached $1 trillion for the first time in late 2023, a disturbing milestone for the US economy. Since two-thirds of US economic activity is comprised by consumer spending, can the consumer continue to fuel the economy?

Channeldo Credit

5 followers

1 Video View·Aug 27, 2024

Consumer credit card debt breached $1 trillion for the first time in late 2023, a disturbing milestone for the US economy. Since two-thirds of US economic activity is comprised by consumer spending, can the consumer continue to fuel the economy?