Concerns About Inflation and Interest Rates Increase to Highest Levels in Two Years Even as Majority of U.S. Consumers Remain Optimistic About Finances
TransUnion (TRU)
Last transunion earnings: 4/28 06:50 am
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Source: GlobeNewswire
CHICAGO, June 12, 2024 (GLOBE NEWSWIRE) -- TransUnion’s (NYSE: TRU) newly released Q2 2024 Consumer Pulse study found that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come as 55% of Americans remain optimistic about their household finances over the next year – the same percentage observed in Q2 2022 and similar to a 57% reading in Q2 2023. This optimism appears to be, in large part, driven by confidence in a stable employment situation and continued wage increases. When ranking their top three concerns affecting household finances for the next six months, the study found marked increases in concerns about inflation for everyday goods like groceries and gas (up 5 percentage points to 84%) and interest rates (up 5 percentage points to 46%) from one year ago. The newest Consumer Pulse study is based on a survey of 3,000 American adults that ran between April 29 and May 8, 2024. “Consumers are facing
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News
- Don't Open Your First Credit Card Without Reading This [CNET News]CNET News
- Concerns about inflation peak as Americans struggle to shake off a ‘vibecession' [CNBC]CNBC
- TransUnion Announces Earnings Release Date for Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- TransUnion Announces Earnings Release Date for Second Quarter 2024 ResultsGlobeNewswire
- Credit Karma App Review 2024 [Forbes]Forbes
TRU
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- 4/25/24 - Beat
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- 6/21/24 - Form 144
- 6/17/24 - Form 4
- TRU's page on the SEC website