.Underscoring some experts see that the US economy will not enter to a long term downturn as well as may remain to have the gentle landing. The Federal Reserve is disclosing that US household total assets rose to a document $163.8 trillion in Q2 2024. Stock market values climbed through $0.7 trillion in Q2Real sphere worths increased through $1.8 mountain in Q2.Worries nevertheless, get on the personal debt edge of the equation: The total nonfinancial debt increased through 4.7% annualized price in Q2. Home personal debt climbed through 3.2% annualized price in Q2Nonfinancial organization that rose through 3.8% annualized cost Q2Federal authorities that rose by 6.3% annualized fee in Q2State as well as town government that increased by 6.0% annualized fee in Q2Of certain issue are actually the increases in the government as well as state and city government debt which is unsustainable and also when it is actually taken care of will be actually an economic spending drag on the economic situation.