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US Consumer Debt Accelerates to $18.2 Trillion in Late 2025, Report Reveals
Crowdfund Insider· 2026-02-26 21:30
US consumer debt continued its upward climb through the end of 2025, with growth gaining momentum in the final months of the year, according to Equifax’s (NYSE: EFX) National Market Pulse report released February 24, 2026. The credit analytics firm’s proprietary data shows total consumer debt balances reached $18.20 trillion by December, up 3.7% from a year earlier—the sharpest monthly acceleration compared to the same periods in 2023 and 2024.This figure aligns with broader measures from the Federal Reserv ...
What they say on their India plans
BusinessLine· 2025-10-25 15:10
Group 1: E-commerce and Market Growth - L'Oréal highlighted that e-commerce is transforming its reach in India, allowing the company to connect with previously underserved markets and accelerate growth [2] - Unilever noted that India is well positioned for medium-term growth, with rapid gains in e-commerce and quick commerce offsetting short-term GST impacts [2] - Reckitt Benckiser reported that its quick commerce business in India is more than doubling this year, with Flipkart growing at 30 percent [3] Group 2: Revenue and Performance Insights - Westinghouse Air Brake Technologies Corporation stated that year-to-date, its like-for-like net revenue growth in India remains at high single-digits, expecting the recent slowdown to be a matter of phasing [4] - TransUnion mentioned that India's growth was slightly below expectations due to tariff-related pressures but reaffirmed confidence in the market's long-term potential [5] - Visteon Corporation is deepening its presence in India with new digital products and expanded manufacturing plans [6] Group 3: Manufacturing and Export Developments - Westinghouse secured $140 million in brake orders driven by increased activity in India, marking a significant milestone for its Marhowrah plant [4] - BE Semiconductor Industries noted that India is emerging as a key location for new assembly capacities as customers diversify from China, with five major customers setting up assembly capacities in the country [8] - CIE Automotive emphasized that India remains one of its strongest and most stable markets, reinforcing its global importance [9] Group 4: Automotive Market Position - India has consolidated its position as the world's third-largest automotive market, surpassing Japan with nearly 25 million vehicles a year and continuing to grow across all segments [9]