The Discover brand's U.S. Spending Monitor indicates that credit union members became as pessimistic about the economy as non-credit union members over the course of this year's first quarter.
The indices that make up the overall Spending Monitor report found that 38%of credit union members felt economic conditions were getting worse in January, compared to 42% of non-credit union members.
But by April, the gap in sentiment between credit union and non-credit union members had closed, with 51% of credit union members having reported feeling economic conditions were worsening, a 13-point increase, while 52% of non-members reported feeling this way, a 10-point increase.
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