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Tag Archives: spending

The State of Americans’ Credit

According to the latest Invest in You Survey conducted by CNBC and Acorns in Partnership with SurveyMonkey, Americas are rethinking their spending habits. Specifically, the survey shows that all across the nation, residents are tightening their purse strings and focusing on saving ...

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GDP Exceeds Expectations

Ginnie Mae MBS

Gross domestic product has slowed down, but not as much as expected, according to the latest report from the Bureau of Economic Analysis.

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Single-Family, Overall Construction Spending on Uptick

Single-family construction is up 1.2 percent over January and 3.4 percent over the year, according to recent U.S. Census data. Spending in this sector rose from $248 billion to $254 billion since 2016. Spending on multi-family and overall construction are both up as well.

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Report: Consumer Sentiment Highest in 14 Months

The increase in the headline index was driven by a more than four-point improvement in the gauge of consumer expectations, which rose to 75.6. On the other hand, the Current Conditions Index fell more a point to 98.5. According to Paul Diggle, U.S. economist for Capital Economics, the small decline "could reflect the weaker pace of payroll growth in August or even the slowdown in some measures of housing market activity."

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Late August Finds Consumer Sentiment On Rebound

Indeed, 59 percent of households with incomes in the top tier reported being better off now than they were before, while only 36 percent of those in the lower tiers said the same. At the same time, 34 percent of the top-income households reported net income gains, while there were no net gains reported in the bottom two-thirds.

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