Following a rocky few months on Wall Street and the partial government shutdown at the end of December, consumer confidence struggles to keep up the enthusiasm felt throughout 2018.
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Although 2018 didn’t end with the same fervor of economic confidence that we saw at the beginning of the year, the final numbers are certainly nothing to sneeze at.
Online shopping is on the rise this holiday season, meaning more online credit card use than ever. But despite frequently reported hacking efforts, Americans are less concerned that their reliance on the internet puts the overall economy at risk.
With holiday shopping in full swing once again, Americans continue to worry that people are spending beyond their means.
General Motors announced last week that it plans to cut more than 14,000 employees in North America. This news makes Americans regret the federal government’s bailout GM received during the Great Recession.
Americans have record confidence in the value of their homes and are more convinced than they have been in years that it’s a good market for home sellers.
As the year is coming to an end, homeowners are more optimistic than ever that their home is worth more than they owe on it, and they expect that value to keep rising through 2019.
The recent ups and downs of the stock market have done little to sway Americans’ confidence in the economy, but they're a little less upbeat about the direction of their own personal finances.
FICO, the developer of the most widely used credit score, is rolling out a new credit scoring system next year that takes checking and savings accounts into consideration in addition to credit and loan accounts. This could most help those with low or no credit scores who have problems securing credit, though few Americans say they’ve been in that position recently.
Consumer confidence is on the rise, but Americans don’t think their income is following the same trajectory.
With unemployment at record lows, Americans remain highly confident about the job market, and most still think just about anyone can get ahead in today's world.
Despite a rocky week on Wall Street, Americans remain more optimistic than they’ve been in past years about the direction of the stock market, but a majority are concerned that the U.S. economy is headed for another recession.
Republican and Democratic candidates alike are making their last-minute attempts at earning the middle class vote. But while Americans may not agree what income qualifies as middle class, most are pretty sure they fall into that category. Even among the country’s highest earners, only one-in-five consider themselves wealthy.
President Trump called the Federal Reserve his “biggest threat” in a recent interview, claiming that the central bank is raising interest rates too fast. But it appears Americans have warmed up to the Fed these days.
Americans like Amazon but worry that the online mega-market will continue to put more traditional retail outlets like Sears out of business.
With the release of last week’s jobs report reflecting a near 50-year low for unemployment, consumer confidence has started to rise once again.
The latest jobs report released Friday shows unemployment at a 49-year low, and fewer Americans than ever now know someone out of work.
California now requires all publicly traded companies in the state to have at least one woman on their board of directors by the end of 2019. While men and women don’t see eye-to-eye on whether they’d want a law like this in their state, they do agree that the decision shouldn’t be up to the government.
Consumer confidence appears to have plateaued, but it remains at record highs.
Earlier this week, North Carolina became one of at least four states to raise the hourly minimum wage of state workers to $15.