Co-op Solutions Press Archives

December spending trends: Signs of hope for the new year

RANCHO CUCAMONGA, CA (January 18, 2023) — A strong holiday shopping season—along with emerging signs of a gentle landing for the economy – are buoying the spending outlook as we begin the new year. As expected, the Federal Reserve raised interest rates by 50 basis ...

August spending trends: Inflation dampens consumer spending

RANCHO CUCAMONGA, CA (September 20, 2022) — With regards to the economy, it continues to be a “Tale of Two Cities.” Job growth remained strong in August, with non-farm payrolls rising 315,000, near consensus estimates. The unemployment rate climbed slightly to 3.7% for ...

July spending trends: Spending shifts as rates rise

RANCHO CUCAMONGA, CA (August 16, 2022) — The Fed is doing all it can. Following another strong jobs report for July, the Federal Reserve is committed to staying on its path of raising rates, in an effort to tamp down inflation that remains at 40-year ...