small business

February 14, 2018

Love is in the Air: Valentine’s Day Spending May Reach $20 Billion

U.S. consumers are expected to spend an average $143.56 on Valentine’s Day as 55% of the population celebrates this year.  This is an increase from last […]
February 1, 2018

Consumer Spending Rises but Savings Plummet

U.S. consumer spending rose solidly in December as demand for goods and services increased, but the increase came at the expense of savings, which dropped to […]
January 30, 2018

Small Business Hiring Slows While Economy Grows

Small business hiring slowed in 2017, even as the rest of the economy accelerated, according to a report from human resources firm Paychex.  The Small Business […]
January 24, 2018

Student Loan Crisis Gets Worse

Despite some obstacles, homebuyer demand exploded in 2017, and is expected to continue to surge in 2018.  However, as Millennials enter the housing market, one factor […]
January 22, 2018

Credit Card and Second Mortgage Defaults Spike

Default rates in second mortgages and bank cards rose notably in December, suggesting consumers are having trouble managing increased spending.  The second mortgage default rate climbed […]
January 19, 2018

Turbulent 2017 Will Affect Housing in 2018

2017 was a year of political, environmental, and economic change. It brought the country a new presidential administration, a flurry of devastating natural disasters, and the […]
January 16, 2018

Consumer Confidence Near 17-Year High

Americans ended 2017 feeling very good about the economy.  Consumer confidence hit 122.1 in December, slightly below the 17-year high set in November, 128.6, according to […]
January 3, 2018

Foreclosure Activity Plunges to 11-Year Low

Foreclosure activity hit an 11-year low in this year’s third quarter, as an improving economy and stricter mortgage standards helped stabilize the housing market to pre-2008 levels.  ATTOM Data Solutions […]
January 3, 2018

Delinquency Rate Continues at 10-year Low

CoreLogic released its latest Loan Performance Insights report on national foreclosure and delinquency activity earlier this month.  According to the report, the share of mortgages that […]