Business Debt Exceeds Consumer Debt for First Time in Three Decades
A December 12, 2019 article in americanbanker.com reports: “U.S. business debt exceeded that of households for the first time since 1991, a potential warning sign for the economy as corporate investment softens”.
Credit union managers should be constantly checking their balance sheets and loan portfolios for early warning signs of impending reductions in earnings and/or increases in loan losses.
TCT’s Vital Signs Report and Credit Migration Tool helps managers spot early warnings signs in earnings statements and loan portfolios.