Americans' spending found to decline consistently after age 65
Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources, according to a new RAND Corporation report.
Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources, according to a new RAND Corporation report.
Social Sciences
Dec 8, 2022
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People are scaling back their spending habits and changing attitudes toward saving and borrowing after a year and a half of high inflation, according to a special report from the University of Michigan's Surveys of Consumers.
Social Sciences
Nov 23, 2022
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A new study from the University of Southampton has found that Austerity 1.0 led to an increase in crime across urban areas in England and Wales, and an increase in new offenders.
Social Sciences
Nov 22, 2022
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A number of service sectors were severely affected by the COVID-19 pandemic, including the catering, retail, tourism and entertainment industries. Globally, policy makers have introduced various initiatives to reinvigorate ...
Social Sciences
Nov 1, 2022
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When asked to estimate how much money they would spend in the future, people underpredicted the total amount by more than C$400 per month. However, when prompted to think about unexpected spending in addition to typical expenses, ...
Economics & Business
Sep 29, 2022
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Researchers from Bocconi University, Singapore Management University, and INSEAD published a new article in the Journal of Marketing that shows that disclosure of advertising spending significantly lowers investor and analyst ...
Economics & Business
Sep 20, 2022
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During the first two years of the pandemic, the number of people working from home in the United States tripled, home values grew and the percentage of people who spent more than a third of their income on rent went up, according ...
Social Sciences
Sep 15, 2022
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An international team of researchers has found a possible link between having children and degrees of social conservatism in people. In their paper published in the journal Proceedings of the Royal Society B, the group describes ...
Consumer sentiment was essentially unchanged from June, when it had reached an all-time low for the survey, according to the University of Michigan Surveys of Consumers.
Economics & Business
Jul 29, 2022
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The cost of eggs and bread is soaring—a trend that's particularly punishing for the poorest Americans.
Economics & Business
Jul 15, 2022
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