Consumer finance is one of the things people worry most about. This includes savings, interest rates, and credit. These issues affect consumers’ ability to pay for what they need, including healthcare and utilities, and what they want, such as consumer technology and electronics.

According to a June 2015 Financial Security Index survey conducted by consumer financial services company Bankrate, 29 percent of respondents said they had “no emergency savings,” 21 percent said they had less than three months worth of emergency savings.

Source: http://www.bankrate.com/finance/consumer-index/financial-security-charts-0615.aspx
Source: http://www.bankrate.com/finance/consumer-index/financial-security-charts-0615.aspx

According to data provided by the U.S. Bureau of Economic Analysis and published by economic indicators website Trading Economics, the U.S. personal savings rate has been steadily declining since its high in the 1970s.

Source: http://www.tradingeconomics.com/united-states/personal-savings
Source: http://www.tradingeconomics.com/united-states/personal-savings

Consumers’ Research is engaged on informing consumers, elected officials, and those who make and oversee the implementation of regulations. We strive to make these bodies aware of the impacts that policies, regulations, and proposed legislation has on these value factors.

Our  basic methodology for financial-related projects includes the following steps:

Our current projects involve helping consumers better understand financial products and how those products can help or hurt their long-term financial position.

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