EPIC Issues – Income Volatility – Consumer Debt – Housing
to income grew from less than 90 percent to more than 120 percent between 2000 and 2006Q1. Along with strength in housing activity and values, this expansion has seen sustained forward momentum in consumer spending, but it has not been the case that consumer spending has been unusually strong.
debt in the years leading up to the recession increased sensitivity to declines in household income. These results point to the possibility of deeper recessions and increased macroeconomic volatility in countries with higher levels of household debt, especially when the assets purchased with debt are illiquid in nature.
INCOME VOLATILITY : September 2016 The expanding prosperity impact collaborative (epic), an initiative of the Aspen Institute’s Financial Security Program, will target a consequential consumer finance issue to explore in depth for a defined period of time. In its inaugural year, EPIC is focusing on income volatility.
Charging ahead: Builder to install car points in homes Making charging technology simpler and more efficient-and educating builders about it-will help Electric car sales are on the rise. A recent study by the Centre for Solar Energy and Hydrogen If current trends hold, builders who include electric vehicle charging stations in new homes will have.
EPIC’s first two issues – income volatility and household debt. healthy families are more likely to provide the stable housing conditions and support. The Conference Board said its index of consumer attitudes in October fell to its lowest level since March 2009 as consumers fretted about job and income. its debt crisis.
To guide the selection of our 2019-2021 issue, we reviewed recent news and research on household finances, considered topics that frequently arose during our previous EPIC cycles on income volatility and consumer debt, surveyed hundreds of experts across financial security, and conducted interviews with external researchers and front-line.
3 Things to Know in the Housing Market Today! 3 Things to Know in the Housing market today! presented as a public service by Joe Peters of Coldwell Banker. A lot is happening in the world, and it’s having a direct impact on the housing market.
A recession is when you have an across-the-board decline in economic numbers such as Consumer Spending, Production,
particularly relating to capital goods-related issues such as agriculture, the environment, debt relief and subsidy program policies, trade and commerce and infrastructure development; government.
finance issue at a time. epic's first issue is income volatility, which. turn to credit card debt or alternative financial services (AFS) like payday loans to bridge. like food insecurity, housing instability, and foregone medical care. However, the.
3 Things to Know in the Housing Market Today! 3 Things to Know in the Housing Market Today! Posted on 06/12/2019 by Arisdeyson Matos in Brevard County Florida Real Estate , Century 21 , Real Estate A lot is happening in the world, and it’s having a direct impact on the housing market.
EPIC is an initiative of the Aspen Institute Financial Security Program, which investigates economic forces that severely impact the financial security of American families. EPIC’s multi-sector teams will target one consequential consumer finance issue to explore in depth for an 18 – 24 month cycle.