The latest American Express Spending & Saving Tracker finds that summer travelwill remain strong, but the consumer mindset has shifted. Almost 140 million Americans (59%) are planning a summer vacation. They expect to spend an average of $1,180 per person, on par with 2011. But, 48% seek more meaningful experiences and say they will immerse [...]
Freddie Mac (OTC: FMCC) released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. News Facts In the first quarter of 2012, 79 percent of homeowners who refinanced their first-lien home mortgage either maintained about the same loan amount or lowered their principal balance by paying-in [...]
This Mother’s Day, many shoppers are sticking to a budget when finding that special gift for mom and planning to spend about the same amount of money on gifts as last year, according to PriceGrabber, a part of Experian. Results from PriceGrabber’s 2012 Mother’s Day Shopping survey reveal that 50 percent of consumers are planning [...]
The Great Recession has confronted U.S. workers with an extended buyer’s market in jobs, according to a new Executive Action Report from The Conference Board, leading to overall wage growth between 2008 and 2010 that was the weakest since the 1960s. Feeling the Pain: Wage Growth in the United States examines prevailing trends in recent [...]