household

April 6, 2020

Consumer Expectations Deteriorate in March

Americans increasingly were worried about losing their jobs and expected to curb their growth in spending in the wake of the coronavirus outbreak, a March survey […]
April 6, 2020

Visa Sees Sharp Decline in Consumer Spending – Even Online

Visa once again lowered its outlook for revenue growth in the fiscal second quarter, saying the coronavirus pandemic has led to a sharp decline in cardholders’ […]
March 12, 2020

Zombie Foreclosures Grow in First Quarter

According to Attom Data Solutions’ Q1 2020 Vacant Property and Zombie Foreclosure Report, over 1.52 million U.S. single-family homes and condos are vacant, representing 1.5% of […]
March 11, 2020

Consumer Lenders Fall Victim to Coronavirus Fears

It’s hard to believe that less than three weeks ago the S&P 500 closed at an all-time high.  This was largely due to the enduring strength […]
March 10, 2020

Consumer Sentiment Spikes in February Amid Health Concerns

U.S. consumer sentiment figures for February came in higher than expected despite the recent outbreak of the coronavirus.  Consumer sentiment rose to 101.0 in February, nearly matching […]
March 9, 2020

Household Debt Tops $14 Trillion Reaching New Record

American households added $193 billion of debt in the fourth quarter, driven by a surge in mortgage loans, and overall debt levels rose to a new […]
March 4, 2020

Average FICO Score Reaches All-Time High

The average U.S. FICO score hit a record high of 703 in 2019, driven by Americans in their 30s, as a strong labor market helped people […]
February 17, 2020

Credit Card Debt Rises to $930 Billion

Credit-card debt rose to a record in the final quarter of 2019 as Americans spent aggressively amid a strong economy and job market, and the proportion […]
February 14, 2020

Valentine’s Day Spending Sets New Record

It seems like the love for Valentine’s Day is growing every year.  National Retail Federations’ Annual 2020 Valentine’s Day Spending Survey, conducted by Proper Insights & […]