A robust recovery of vehicle sales may not been seen anytime soon as long as unemployment remains high.
When it comes to loan originations, it appears credit unions are seeing a glimmer of hope in their portfolios.
As the markets continue to roil in the aftermath of the country’s credit rating downgrade, members are likely seeking safe havens for their investment choices.
As long as unemployment remains high, a robust recovery of vehicle sales may not be seen anytime soon, NAFCU report says.
Sales figures show some members may be waiting it out over the next few months, paying down debt.
The stark words jumped off the page of the report. "Consumer inflation rose 0.5% in December, the highest monthly gain since June 2009," according to an advisory prepared by Brian Turner of Southwest Corporate Investment Services in Plano, Texas.