US Debt Levels Near Great Recession Era Despite Rising Wealth: Fed Data
Recent Federal Reserve data indicates that American debt levels are approaching those seen during the Great Recession, despite an increase in wealth levels. This trend has raised concerns among financial analysts.
Economic Context
Recession signal (Sahm rule)
0.00 pts
September 2026
+0.07 pts since August 2026
Lower than 61% of readings in the last 10 years
Below the Sahm rule threshold of 0.5
Fed interest rate
4.00%
Oct 16, 2026
No change since Oct 15, 2026
Higher than 70% of readings in the last 10 years
Matched from words in this story. Context, not cause.