Consumer spending is painting a very painful picture ahead
Consumers are starting to buckle as rising gas prices crimp spending and delinquency rates on credit cards reach the highest level in more than a decade.
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Consumer spending is painting a very painful picture ahead
Consumers are starting to buckle as rising gas prices crimp spending and delinquency rates on credit cards reach the highest level in more than a decade.
Read More...Chapter 11 filings by businesses soar 61% so far this year
In the first nine months of 2023, commercial Chapter 11 bankruptcies have soared 61% year over year to 4,553.
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