High debt-to-income ratios among U.S.consumers can slow down their expenditures on housing and large-ticket items.

Question

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When consumers have high debt-to-income ratios, it means they are carrying a significant amount of debt relative to their income. This can limit their ability to make large purchases or invest in housing, as they may have less disposable income and be less likely to qualify for loans or mortgages. As a result, their spending on these types of items may slow down.

High Debt-To-Income Ratios Among U