economy

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 30, 2019

Small Business Lending Strong but Slowing

Volume in the Small Business Administration’s flagship lending program fell for the second straight year as more borrowers qualified for conventional loans. Lenders made $23.2 billion […]
October 29, 2019

Fewest Foreclosure Filings in 14 Years

According to a recent report from Attom Data Solutions, there were a total of 143,105 properties with foreclosure filings (default notices, scheduled auctions or bank repossessions) […]
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 19, 2019

Best and Worst States for Credit Conditions

CardRatings.com released new research ranking the best and worst states for credit conditions. Highlighted by stark differences in credit circumstances across the U.S., the analysis helps […]
September 18, 2019

“Tappable” Equity Climbs to New High of $6.3 Trillion

Tappable equity reached an all-time high of $6.3 trillion in the second quarter as home-price gains made real estate more valuable.  The amount of equity homeowners […]
September 17, 2019

FICO Scores Reach Record High

The average FICO score stands at 706, a record high, said Ethan Dornhelm, vice president of scores and predictive analytics at FICO. That compares with 686 […]
August 2, 2019

Economists Predict 2020 Recession

This month, the United States set a record for the longest economic expansion.  However this is forecasted to end in 2020. According to a panel of […]