Resilient U.S. Economy Defies Expectations
Strong hiring and spending are keeping recession at bay—for now
Source: wsj.com
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Past-due payments highest in decade
More Americans are falling behind on their car loan and credit card payments than at any time in more than a decade, a troubling signal of consumer stress as higher prices and rising borrowing costs are squeezing household budgets.
Source: arkansasonline.com
What Merchandise Availability Says About Retail and the Consumer
Retailers are keeping inventory levels lean and mean as they chase sales, while slowing job creation could weigh on consumer spending.
Source: yahoo.com
Credit card debt rises above $1 trillion
Student loan repayments may create additional burdens for debt-laden American consumers.
Source: theweek.com
US Consumers Paid For July Spending Spree By Burning Through $150BN In Savings
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com