Household bad debt cycle may already have turned

Our measure of household bad debt suggests that the bad debt cycle may already have turned. Even if it hasn’t, it will not be long before debt problems become far more widespread. This is another reason to expect the consumer and economic slowdown to be a prolonged and drawn-out affair.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.