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Stock impact report

More Americans expect credit requests to be rejected, NY Fed finds [CBS News]

Dollar General Corporation (DG) 
Last dollar general corporation earnings: 3/12 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/dollar
Company Research Source: CBS News
The share of respondents that expect it to be harder to obtain credit a year from now jumped to 46.7% in February, the highest since June 2024, according to data from the New York Fed's Survey of Consumer Expectations (SCE). The share of discouraged borrowers — those who reported needing credit but not applying for fear of being denied — reached 8.5% in February, the highest percentage since the start of the SCE's survey in October 2013. The average perceived probability of getting rejected for an auto loan climbed to 33.5%, the highest level since the monthly survey series began, the NY Fed said. The portion of respondents that said they could come up with $2,000 if an unexpected need arose within the next month fell to 62.7%, a new series low, according to the findings The data release comes days after the University of Michigan reported U.S. consumer sentiment plummeted in March to a more than two-year low, with economists citing uncertainty about President Trump's economi Show less Read more
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