CFA/CUNA 15th annual holiday spending survey to be released Monday (Nov. 24)

Data Reveals Latest Consumer Attitudes on Spending and Debt as Holidays Approach

WASHINGTON, DC (November 20, 2014) — On Monday, Nov. 24, at 10 a.m., the Consumer Federation of America (CFA) and the Credit Union National Association (CUNA) will release their 15th annual consumer survey on holiday spending plans and concerns about debt levels.  The CFA/CUNA survey, conducted just days ago, provides fresh findings on consumer attitudes towards their financial condition and holiday spending plans. This year’s survey documents the change in consumers’ attitude in spending compared to the last year. The survey asks whether consumers feel their financial situation has gotten better or worse compared to a year ago, and, for the first time, benchmarks changes in household income over last year. The survey also compares spending attitudes of high and low income groups.

CFA and CUNA representatives will discuss their complete survey findings, including:

  • The latest look at consumers’ holiday spending plans.
  • Consumer concern about debt and monthly pay off requirements
  • How the findings compare to consumer attitudes last year and two years ago at this time.
  • How consumer attitudes have changed over the past fifteen years.
  • Consumer tips for managing holiday spending this season and next.

Event: CFA/CUNA Press Conference:  Eleventh Annual Holiday Consumer Spending Survey
Date/Time: Monday, November 24 10:00 a.m.
Location: National Press Club, Zenger Room; 529 14th Street, NW, 13th floor, Washington, DC
Speakers:   Stephen Brobeck, Executive Director, Consumer Federation of America;
Mike Schenk, Vice President of Economics, Credit Union National Association

Credit Union National Association (CUNA) is the largest credit union advocacy organization in the United States, representing the country’s 6,600 state and federally chartered credit unions and their 100 million members.
The Consumer Federation of America is an association of more than 250 nonprofit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education.

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