WASHINGTON-- CUNA and CFA survey reveals 87% of consumers intend to spend about the same or less than last year.
Trade groups cite modest economic recovery in survey results released Wednesday at National Press Club in Washington.
Consumer Federation of America/CFP Board survey finds nine in 10 do some planning, but the extent varies greatly.
Consumers plan to spend more on holiday gift giving this year, as much as a 4% increase, according to an annual survey on the topic sponsored by CUNA and the Consumer Federation of America. The two groups released the survey results in a press event Nov. 21.
Results show 3.5% to 4% increase over last year.
Association promises seasonal chestnut will offer fresh meat.
Matching contributions to employee 401(k) plans had either been scaled way back or completely eliminated as firms looked for ways to rehydrate dry revenue streams to weather the Great Recession years of 2008 and 2009.
Some companies are matching contributions again. Find out more in this print preview from next week's Credit Union Times.
Report from Consumer Federation of America and Primerica finds drop since 2007 in large part from falling housing prices.
Despite comments made by co-sponsor Sen. Chuck Schumer (D-N.Y.) April 23 that suggested a vote on S. 2231 may be delayed, credit union trade associations continue to crash the net in support of the Small Business Lending Enhancement Act.