2/16 - Why the consumer is falling behind on their payments

Published: Feb. 17, 2023, 2:12 a.m.

As a consumer, you and I represent 2/3 of economic spending. Bottom line, the consumer is extremely important to the economy. But with more and more layoffs being announced, interest rates rising and higher inflation, the consumer is being squeezed in all directions. Tonight on the Jon Sanchez Show at 5pm, we’ll review the latest consumer debt data and explain why the consumer is falling behind on their payments.