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November 19, 2019

Consumer Spending Slows, Economy Losing Momentum

U.S. consumers are doing fine, but they don’t look like the force they were earlier in the year.  Retail sales rose 0.3% in October from a […]
October 31, 2019

Halloween Spending to Reach $8.8 Billion

Consumer retail spending around Halloween is expected to be high but fall slightly short of last year’s total, according to the latest survey from the National […]
October 15, 2019

US Household Finances Show Signs of Trouble

US consumers are finding it increasingly difficult for their incomes to comfortably cover all expenses. This could mean that some will be unable to repay their […]
September 25, 2019

Auto Loan Balances Reach Another Record High

Auto loan amounts increasd in the second quarter with the average new vehicle loan hit $32,119 (up $1,161 YOY).  Average used vehicle loan amounts reached $20,156 […]
September 24, 2019

Most Americans Anxious AboutTheir Debt

Adults in the U.S. over the age of 18 say they have an average of $29,800 in personal debt (not including mortgages), and 15% of Americans […]
September 9, 2019

Most Americans Have Tapped Their Retirement Savings

Approximately 52% of respondents admit to tapping their retirement savings account early for a purpose other than retiring, according to a survey by MagnifyMoney.  The Investment […]
September 5, 2019

Back to School Spending 2019: By the Numbers

’Tis the (other) season.  As students start back to school and college, families are spending more than ever on school supplies.  “Consumers are in a strong […]
July 9, 2019

By the Numbers: Independence Day 2019

Another holiday… another budget buster!  Patriotism ran high this July 4th, as most Americans celebrated the 243rd anniversary of the adoption of the U.S. Declaration of Independence. Independence […]
March 14, 2019

Credit Card Balances End Year At Record High

U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]