Financial News

 The latest financial news, events, and press releases at DNF Associates

Inflation

Consumer Confidence Dips

With prices increasing at the fastest rate since 1981, Americans are feeling the pinch. PYMNTS’ data reveals that 86% of United States consumers believe they lost purchasing power in the last year, and more than half say their financial situation has worsened.

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Household Debt

Federal Reserve Updates Household Debt Overview

A growing body of research documents the importance of household debt to the Great Recession and subsequent sluggish recovery. Notably, counties in which households were heavily indebted relative to their income at the beginning of the downturn experienced sharper declines in consumption expenditure and employment.

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