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The U.S. economy is showing serious warning signs as jobs decline, consumer spending slows, and businesses struggle to stay afloat. Across the country we’re seeing layoffs, rising bankruptcies, and fewer people willing to spend money on everyday purchases. The cracks are appearing everywhere—from restaurants and retail to real estate and tourism. At the same time, the auto market is facing a massive disruption as nearly 300,000 electric vehicles from lease turnbacks—including Tesla Model 3, Hyundai Ioniq 5, and Audi e-tron—are expected to flood the used car market in the coming months, potentially driving prices down and exposing the real demand for EVs.

Meanwhile, commercial real estate is collapsing in some cities, with major hotels and office buildings selling for tens of millions less than they were worth just a few years ago. Investors are walking away and banks are quietly absorbing the losses. In California, the stress is becoming even more visible as Riverside County prepares to auction off roughly 800 properties due to unpaid taxes, ranging from land to homes and commercial buildings. When jobs fall, spending drops, businesses fail, and governments start selling assets—these are the exact warning signals that economists watch when an economy begins to break.

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