Saturday, April 4, 2026

Consumers Financially Optimistic After Difficult Year

Thu, 29 April 2021  |  consumers 

Nearly half of U.S. consumers think that their finances will be better off in the next year, as nearly a third saw improvements in their spending habits and savings, according to a new survey from Chase. Optimism is slightly higher among Black (54%) and Latinx (49%) respondents as many have taken action to improve their credit, spending, or earn a second income.

The new Chase Financial Health Consumer Study—conducted in partnership with Morning Consult—surveyed more than 5,000 U.S. consumers on the state of their finances, attitudes towards saving and budgeting, and action... Read More

Significant Jump in Concern by Wealthiest Americans Over Proposed Tax Hikes

Wed, 28 April 2021  |  affluent economy 

Billions of dollars in anticipated tax hikes on personal income and estates proposed by the Biden Administration, along with rising income and property taxes in some states, are causing consternation among some of America’s wealthiest investors, according to Spectrem’s $25 Million Plus Investor Report. More than half of those surveyed indicate they are considering moving their residence to states with low-or-no income taxes.

The report, which is the only continual survey that has tracked the $25MM+ investment sector since 2007, fielded data from those with over $25 milli... Read More

Financial Anxiety and Stress Common Even Before the Pandemic

Wed, 28 April 2021  |  financial wellness pandemic 

A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today. Researchers found that financial stress and anxiety are highly linked to low levels of financial literacy, problematic financial behaviors and decreased financial security.

Rese... Read More

Top U.S. Metros For Digital Nomads

Wed, 28 April 2021  |  workplace 

Digital nomads are those able to move from location to location, staying connected to work and family digitally, while experiencing new adventures in unfamiliar destinations. Whether looking for a new city or town to experience for one month or six months, digital nomads may be exploring various locations in hopes of eventually making a permanent move.

"It is clear that this past year has caused many to reconsider their housing needs and wants -- and sometimes that means not wanting to be tied to one spot for too long," says Zillow economic data analyst Nicole Bachaud. "Amenity-... Read More

Job Hopping Declines During Pandemic

Wed, 28 April 2021  |  employment pandemic 

U.S. job switching rate declines 2.0 percentage points since the start of the pandemic in March 2020, while wages for U.S. workers grew 5.9 percent over the last year, increasing the average wage level by $1.71 to $30.84 an hour according to the ADP Research Institute® Workforce Vitality Report (WVR) released today. Employment growth demonstrated a continued downward slide by -7.0 percent. The average wage growth is higher than expected as a result of significant job losses among low wage earners, which increased the average. "The significance of this data is a pre- and post-pandemic asse... Read More

Home Prices Jump 12 Percent Through February

Tue, 27 April 2021  |  economy housing 

U.S. home prices continued to increase at a blistering pace through February, jumping 12 percent on an annual basis. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 12.0% annual gain in February, up from 11.2% in the previous month. The 10-City Composite annual increase came in at 11.7%, up from 10.9% in the previous month. The 20-City Composite posted an 11.9% year-over-year gain, up from 11.1% in the previous month.

Phoenix, San Diego, and Seattle reported the highest year-over-year gains among the 20 citi... Read More