All signs might be pointing to a recession on the horizon, but consumers either aren’t getting the memos or they just don’t think it’s going to affect them very much, according to data released yesterday by the Federal Reserve Bank of New York. In fact, more consumers think they are …
Read More »Fed Survey Illustrates Consumer Uncertainty Over Direction of Economy
In yet another sign of the uncertainty that many people are facing these days, more consumers expect to not be able to make a minimum debt payment in the next three months, but fewer people believe they will be much worse off, financially, a year from now, according to data …
Read More »Fewer Consumers Expect to Have Problems Paying Debts: Report
The number of consumers who expect to be able to make all of their debt payments during the next three months increased again in June, nearing the highest point ever in the eight years that the Federal Reserve Bank of New York has been tracking the data. The continued increase …
Read More »Fed Data Offers Conflicting Forecasts of Individuals’ Financial Expectations
In yet another sign that individuals tend to be both optimistic and pessimistic at the same time, more people expect to miss a debt payment in the next three months while fewer people expect to be in a worse financial situation a year from now, according to data released yesterday …
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