Consumer confidence falls in February
The Consumer Confidence Index was 106.7 in February, down from 110.9 in January, the Conference Board said.
The Consumer Confidence Index was 106.7 in February, down from 110.9 in January, the Conference Board said.
Consumers feel nearly 8% more confident about their financial outlook this month than they did at the same time last year, according to the latest WalletHub Economic Index.
The new survey shows that Americans remain happy with their bank and its ability to meet their evolving financial needs.
More than 33% of Americans overspent during the holidays and 59% do not expect the economy to return to normal this year.
Security and fraud protection are replacing “low or no fees” as the top reasons why consumers choose a new bank, according to a new survey of bank customers by the analytics firm Verint.
More U.S. consumers believe inflation is on the horizon in the short term but are more optimistic about an economic downturn in the medium and longer terms, according to the N.Y. Fed.
Facing rising household costs, a looming recession and record levels of debt, 59% of U.S. bank customers expect help to improve their financial health, but most feel that banks aren’t delivering, according to a recent survey.
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