.Highlighting some analysts check out that the US economy will not use to a long term downturn and might remain to have the soft touchdown. The Federal Reservoir is disclosing that US household total assets cheered a report $163.8 mountain in Q2 2024. Stock market worths rose by $0.7 mountain in Q2Real status market values increased through $1.8 mountain in Q2.Worries nonetheless, are on the debt side of the equation: The total nonfinancial financial debt climbed through 4.7% annualized fee in Q2. Family financial obligation increased through 3.2% annualized fee in Q2Nonfinancial business that increased by 3.8% annualized rate Q2Federal authorities that increased by 6.3% annualized fee in Q2State as well as town government that climbed through 6.0% annualized price in Q2Of certain worry are the rises in the government and also state and city government personal debt which is unsustainable and also when it is dealt with are going to be actually an economic costs drag on the economy.