It sure looks like this is rolling over. That is ominous to me.
Looking at the percentage change from a year ago confirms the slow down.
But what is really alarming to me is the delinquency rate. That is because this looks like an early warning indicator of recession. The good news is that it isn't getting worse.
Looking at it year over year looks really bad because it show a more rapid rate of growth than in previous cycles except for the great recession. Again, the good news is that it isn't getting worse.