Financial confidence among U.S. adults has declined amid increased inflation and recession concerns, a recent survey put out by BMO Financial Group found.
Woman paying past due bills at home with laptop and calculator
About 74% of U.S. adults indicated their concerns regarding inflation have grown in the third quarter, BMO Financial Group reported. The survey, conducted by Ipsos among 3,400 adults between July 27 and Aug.
Another practice is determining whether ongoing expenses like streaming services, cable subscriptions and gym memberships can have their prices reduced or be gotten rid of altogether, BMO Financial Group said in a press release. Putting off large purchases can sometimes be beneficial, it said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taxpayers may get bigger refunds for 2023 to help keep up with inflationThe IRS is increasing the standard deduction and tax bracket limits amid inflation.
Read more »
Klaviyo’s Holiday Predictions Show Consumers Prepping With Less Discretionary SpendingAmid inflation concerns, many shoppers are looking to get creative to create a festive holiday.
Read more »
Home sales take biggest dip since start of pandemicThe housing market is expected to decline continually amid elevated interest rates as the Fed raises rates to combat inflation.
Read more »
Global CO2 emissions from fossil fuels to rise by less than 1% this year as renewables and EVs take off | CNN BusinessFinally, some good news in the battle against greenhouse gasses: Carbon dioxide emissions from the burning of fossil fuels are on track to rise less than 1% this year
Read more »