Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Holiday spending survey to be released Monday
WASHINGTON (11/20/09)—It’s been a decade since the first joint consumer survey on holiday spending was executed by Consumer Federation of America (CFA) and the Credit Union National Association (CUNA), and this year’s outcome promise to be interesting when released Monday. The results of the tenth annual survey, conducted just days ago on Nov. 6-9, provide fresh findings on consumer attitudes towards their personal financial condition and how that may translate into holiday spending plans. After finding a record-high level of concern last year, this year’s survey documents the change in consumers' attitude in spending compared to a year ago, after more than a year of economic recession. As always, the survey asks those who expressed their intent to spend less why they plan to do so. For the first time, the survey asks consumers whether they feel their financial situation has gotten better or worse compared to a year ago. CFA and CUNA representatives will discuss their complete survey findings at a Nov. 23 press conference, including:
* The latest look at consumers’ holiday spending plans; * Consumer concern about credit cards and paying off the full monthly balance; * How the findings compare to consumer attitudes last year; * How consumer attitudes have changed over ten years; and * New tips for managing holiday spending.
CFA Executive Director Stephen Brobeck and CUNA Chief Economist Bill Hampel will meet with the media at 10 a.m. at the National Press Club here.
Other Resources

RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
11 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
16 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
16 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
18 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
18 hours ago