COVID-19 vaccinations are ratcheting up; another round of fiscal stimulus has been approved, and consumers have a wealth of pent-up demand. What’s more, many consumers have both the capacity and the willingness to spend. Combined, these forces point to a deluge of potential spending activity as we enter the spring season. Lenders and service providers alike can better support consumers by understanding the impact -- both positive and negative -- of the recent pandemic-led recession on their finances.
Join Equifax for the latest on the U.S. economy with Amy Cutts, chief economist at AC Cutts & Associates. We’ll then explore key consumer financial insights, including wealth and spending expectations with Equifax experts Tom Aliff, Todd Hoover and Ian Wright.
This webinar will cover:
U.S. Economic Update
Consumer Credit & Employment Insights
Wealth, Spending & Pent-up Demand
Understand the impact to consumers on both sides of a K-Shaped recovery
Identify which consumers have not only the desire but the ability to spend
Evaluate the risk of accommodations to safely originate new accounts and evaluate pockets of risk and opportunity in your existing portfolio
Amy Crews Cutts, President and Chief Economist at AC Cutts & Associates
Tom Aliff, Risk Consulting Leader at Equifax
Ian Wright, Chief Data Officer, Data-Driven Marketing at Equifax
Todd Hoover, Marketing Practice Leader at Equifax
Webinar broadcast date: 4/1/2021
For more on how you can navigate this time of economic uncertainty, visit our Market Pulse page.