A few things of note

As a follow up to the Dallas Banking Conditions Survey seen yesterday, out last Friday saw C&I loans for the week ended 9/20 fall by $2.2b to a hair above the lowest level in a year. Auto loans outstanding sit at the lowest since December 2021. Interestingly, commercial real estate loans outstanding and those for development rose to a record high and I'm guessing it has more to do with legacy properties needing funding and helping borrowers as banks don't want to foreclose for those at that point. Consumer credit card loans outstanding also went to a record as consumer savings rates continue to fall. 

To put the credit debt into perspective, as a % of nominal GDP it is at 3.7% vs 3.9% in December 2019. It peaked at 4.2% in 2010 around the trough of the housing crash.