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Tag Archives: economy

More Gifts to Give, More Money to Spend

Consumers are increasing their gift-gifting this year, according to Deloitte’s 29th annual holiday shopping survey. This optimistic outlook has been shared with other analysts, but Deloitte details all aspects in its 32-page report. Below is a brief overview of the findings ... Read More »

More Americans Opting Out of Paid Vacation

Paid time off is a benefit that a majority of companies offer; yet a new study by Oxford Economics found that employees are not taking advantage of these vacation days. In 2013, Americans let 169 million days of paid time ... Read More »

American Consumers Still Have Wallets on Lockdown

As the economy takes small steps towards recovery, many Americans are still monitoring their spending. According to a national poll for Bankrate’s monthly Financial Index, two-thirds of Americans “say they have a reason to limit how much they spend each ... Read More »

Job Market Improves with 35,500 Retail Jobs

According to an article by the National Retail Federation, retail industry employment increased by 35,500 jobs in September. According to the U.S. Bureau of Labor Statistics Employment Situation Summary, the total nonfarm payroll employment rose by 248,000 in September and ... Read More »

Holiday Sales Predicted to Increase

For the first time since 2011, holiday sales are expected to increase more than 4 percent. According to the National Retail Federation, sales in November and December (excluding autos, gas and restaurant sales) are expected to increase 4.1 percent to $616.9 ... Read More »

Student Loan Debt Delays Millennial Homeownership

The American Dream has included homeownership for many years. Today, however, that dream is at a standstill for young adults already burdened with large amounts of student loan debt. According to an article by the Detroit News, 414,000 homes sales ... Read More »

Higher Incomes Lead to an Improved Housing Market

According to a recent article by Realtor Mag, an improving economy appears to be leading towards a better housing market. The article explains that while income is lower than in 2007, from 2012 to 2013, there was a 1.1 percent ... Read More »

Outlook on Millennial Housing

According to a report by the Demand Institute, 79 percent of millennials are optimistic about their financial situation. As a result, 74 percent expect to move within the next five years, resulting in an additional 8.3 million millennial households by ... Read More »