Video Report: Consumer Borrowing Intent Low

on 11:49 AM

In the video below, George Hofheimer of the Filene Research Institute interviews Ignacio Luri, Doctoral Student, Department of Marketing at the University of Arizona, to explore the latest results from Filene's national survey exploring consumer confidence.  The survey report, “Confidence in Borrowing: Survey 2016,” examines consumer borrowing attitudes based on data collected in September 2016. The survey reveals extremely low confidence.  93% of respondents aged 18 and older “do not plan on borrowing” over the next six months. More than 80% report being worried about current debt.

To learn more, watch the video below and download the report from Filene’s Center for Consumer Decision Making, which uncovers consumer preferences, trends, and behaviors in money management. The research is sponsored by CUNA Mutual Group.


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