Thu, 15 April 2021 | transportation
The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $40,472 in March 2021. New-vehicle prices increased $1,660 (up 4.3%) from March 2020, while dropping $608 (down 1.5%) from February 2021.
"March average transaction prices continued to perform above the threshold of Read More
Thu, 15 April 2021 | housing real estate
ATTOM Data Solutions released its Q1 2021 U.S. Foreclosure Market Report, which shows there were a total of 33,699 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first quarter of 2021, up 9 percent from the previous quarter but down 78 percent from a year ago.
The report also shows a total of 11,880 U.S. properties with foreclosure filings in March 2021, up 5 percent from the previous month but down 75 percent from March 2020 — the second consecutive ... Read More
Wed, 14 April 2021 | consumers luxury
Gucci remains the number one most popular luxury brand online with 15.2% of the total search interest for luxury goods, according to a new study by Luxe Digital. Chanel and Hermès follow close behind, with 11.6% and 10.2% of the online search interest respectively. Louis Vuitton, Burberry, and Balenciaga see their online popularity declining compared to last year.
This is the fourth year in a row that Luxe Digital, a magazine that covers the luxury industry's digital transformation, releases its ranking of the Read More
Wed, 14 April 2021 | demographics investing
A massive transfer of wealth is expected to put U.S. women in charge of about $30 trillion of assets by 2030, roughly a $20 trillion increase from 2016 (source: McKinsey & Company) and ESG funds, which consider environmental, social and governmental factors, will experience a threefold jump in assets by 2025 (source: PwC). Broader cultural shifts, technology and changing societal norms are driving further transformation, resulting in a category primed for change.
"2021 is a year of mass reinvention, and finance is no exception. The pandemic has put money matters center stage for h... Read More
Wed, 14 April 2021 | demographics investing
A much broader range of Americans are investing and engaging in U.S. financial markets, with Millennials, as well as households with the smallest amount to invest, growing in influence from year-end 2017 through June 30, 2020, according to a new quantitative study released by Broadridge Financial Solutions, Inc.
This study, the first-of-its kind and scale – Broadridge Insights on U.S. Investors<... Read More
Wed, 14 April 2021 | consumers global
Global consumer confidence soared to record heights in the first quarter of 2021, according to The Conference Board® Global Consumer Confidence Survey, as vaccination campaigns broadened, travel restrictions loosened, and governments and central banks continued to provide economic stimulus.
The survey found that overall global consumer confidence shot up from 98 in the fourth quarter of 2020 to 108 in the first quarter of 2021. That figure exceeded the reading of 106 registered in pre-pandemic 2020 Q1 (a figure above 100 is considered positive) and is the h... Read More
News and insights about consumer and demographic financial trends
The Hidden Cost of Idle Cash: What the Vanguard Survey Reveals About America’s Savings Habits
Consumers Growing Cautious Amid Rising Inflation and Economic Uncertainty
US Taxpayers Say Tax Refunds are a Financial Necessity
Consumer Pessimism Grows Despite Stable Long-Term Inflation Expectations
Economic Uncertainty and Inflation Impact Retirement Prospects for Americans
AARP Survey Reveals Alarming Retirement Savings Trends
Hispanic Consumers More Optimistic About Finances
Homeowners Facing Increasing Insurance Rates
U.S. Foreclosures Increase In First Quarter
Consumers Perceive Less Buying Power Despite Lower Inflation