Mon, 22 March 2021 | workplace
New findings from Microsoft Corporation's first-annual Work Trend Index finds hybrid work to be the next great disruption, and identifies seven hybrid work trends every business leader must know as we enter a new era of work. The report indicates that business leaders should resist the urge to see hybrid work as business as usual. It will require the rethinking of long-held assumptions.
"The choices you make today will impact your organization for years to come. It's a moment that requires clear vision and a growth mindset," said Jared Spataro, corpor... Read More
Sun, 21 March 2021 | pandemic
One year into the COVID-19 pandemic consumers report their lowest anxiety levels since April 2020 and safety perceptions have improved considerably, however they feel a lot of their pandemic-period habits are going to remain. Overall anxiety levels declined by 10% in the United States. Worldwide, anxiety is at the lowest level since April 2020. After months of decline, consumer safety perceptions are improving with more than half of consumers (53%) globally feeling safe going to the store; in the U.S. that number jumped from 51% in late December to 64%. However, consumers are balancing ... Read More
Fri, 19 March 2021 | housing real estate
The median home sale price increased 17% year over year to $330,250—an all-time high—according to a new report from Redfin. This is the largest increase on record in this data set, which goes back through 2016.
Below are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending March 14.
Fri, 19 March 2021 | consumers pandemic
One-year into the COVID-19 pandemic and even with the light of the vaccine on the horizon, a majority of Americans are still fearful, according to a new healthinsurance.com national survey of 1,000 U.S. adults. 62% of those surveyed say they are still afraid of getting COVID-19. In fact, 25% say they would unfriend someone if they exposed them to COVID-19. 7 in 10 say they have or know someone who has tested positive for COVID-19. 68% say they will get the COVID-19 vaccine as soon as they are eligible. A surprising finding, even once vaccinated, 62% have a... Read More
Thu, 18 March 2021 | pandemic seniors
The year 2020 was difficult for everyone, especially the elderly. Lockdowns, virtual communication, and a fluctuating economy forced seniors to change their daily life and re-evaluate their future. To understand the impact that 2020 had on seniors' finances and home life, American Advisors Group (AAG the nation's leader in home equity solutions, conducted the Post-2020 Retirement Survey with over 1,500 participants age 60-75.
"Senior citizens make up our entire customer base, so it was important for us to understand how the events of last year affected their well-being," said AAG... Read More
Thu, 18 March 2021 | consumers
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.2 percent in February to 110.5 (2016 = 100), following a 0.5 percent increase in January and a 0.4 percent increase in December.
"The U.S. LEI continued rising in February, suggesting economic growth should continue well into this year," said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. "Indeed, the acceleration of the vaccination campaign and a new round of large fiscal supports are not yet fully reflected in the LEI. With those developments, The Conference Board now... 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