{"id":816454,"date":"2025-01-02T02:13:47","date_gmt":"2025-01-02T08:13:47","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/02\/u-s-credit-card-defaults-hit-post-great-recession-high\/"},"modified":"2025-01-02T02:13:47","modified_gmt":"2025-01-02T08:13:47","slug":"u-s-credit-card-defaults-hit-post-great-recession-high","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/01\/02\/u-s-credit-card-defaults-hit-post-great-recession-high\/","title":{"rendered":"U.S. Credit Card Defaults Hit Post-Great Recession High"},"content":{"rendered":"<p>Economists and business leaders have regularly pointed to consumer spending as a good sign for the economy. Understandably why, because about 69% of gross domestic product \u2014 GDP, the typical economic measure \u2014 is consumer spending. A red flag of credit card defaults has gone up that should make everyone take much greater care. Why<br \/><a href=\"https:\/\/www.forbes.com\/sites\/eriksherman\/2024\/12\/31\/us-credit-card-defaults-hit-post-great-recession-high\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Erik Sherman<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economists and business leaders have regularly pointed to consumer spending as a good sign for the economy. Understandably why, because about 69% of gross domestic product \u2014 GDP, the typical economic measure \u2014 is consumer spending. A red flag of credit card defaults has gone up that should make everyone take much greater care. Why<\/p>\n","protected":false},"author":1,"featured_media":816455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2966,34296],"tags":[],"class_list":{"0":"post-816454","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-credit","8":"category-defaults"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/816454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=816454"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/816454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/816455"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=816454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=816454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=816454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}