H&R Block’s 2024 Outlook on American Life Data Shows Rise in Consumer Debt Amidst Increased Holiday Spending
H&R Block, Inc. (HRB)
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Source: GlobeNewswire
KANSAS CITY, Mo., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Even as rising levels of debt further strain household budgets, and with many Americans already facing financial pressures that could lead to even greater economic challenges in the year ahead, holiday spending is increasing. These findings echo H&R Block’s (NYSE: HRB) fourth annual 2024 Outlook on American Life report, which reveals that while many generations remain optimistic about their income and buying power, they are simultaneously burdened by overwhelming debt – especially Gen Z. This year’s report found that most Americans (66%) across income levels and generations feel optimistic about their income growth, retirement prospects, and ability to maintain financial stability. Simultaneously, this theme of optimism is met with the reality that debt and loans are threatening to crush economic momentum for many consumers. “Following record Black Friday spending, we understand that it can be challenging to make the most of your
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HRB
Earnings
- 11/7/24 - Miss
HRB
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 4
- 11/8/24 - Form 4
- HRB's page on the SEC website