Episode Details

California and the nation are seeing a rise in consumer debt delinquencies, with California at 2.1% and the nation at 3%, both the highest since early 2020. However, these rates are still below long-term averages and recession-era highs. Mortgage delinquencies are also increasing, but remain manageable. Some states like Texas and Florida are showing more strain. Overall, consumers are borrowing less, indicating financial pressure.

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