7 Warning Signs of Recession That Will Scare You

These warning signs could mean bad news for the economy. For example, a rise in loan delinquencies can be linked to excessive credit growth and the buildup of household debt — which are both warning signs of a coming recession. Although a large buildup of debt can be a warning sign, it’s important to remember that delinquencies can also rise as a result of a recession.

These days, many people are falling behind on their auto loans, with Fitch Ratings finding that default rates on auto loans exceed the levels during the Great Recession and are at their highest level since 1996. What’s more, credit card default rates are climbing again after hitting a low in 2015.

1 23 ... 8NEXT

Leave a Comment

Your email address will not be published.

gun law

5 States to Implement New Gun Laws in 2022

Last year, the Biden administration announced proposed legislative changes and executive actions to restrict “ghost guns,” “the creation of new,” and “red flag laws” and ATF clarification of firearm stabilizing braces. For law-abiding gun owners and for people who want

laws

13 Laws That Make America a Better Place

We all want a better country to live in! And usually the “friend in need” is the law. They are the most important things for a state to function properly. Some of the most important laws were written in the

From Our Network: