The Death of the U.S. Consumer Has Been Greatly Exaggerated
February 21, 2024 at 15:48 PM EST
Headlines abound suggesting a weakening from the U.S. consumer. Articles detailing persistent inflation, growing credit card usage, and an increasing number of past-due loan payments make things sound shaky. However, we think that historical context is necessary. Comparing current income growth rates, consumer debt-to-income levels, and delinquency rates to history suggests that personal income has [...] The post The Death of the U.S. Consumer Has Been Greatly Exaggerated appeared first on ETF Trends .