Tuesday, July 1, 2025

1 in 5 Americans have been forced to delay or cancel their retirement due to the pandemic

Wed, 31 March 2021  |  pandemic retirement 

The COVID-19 pandemic has shaken many U.S. adults' confidence in retiring comfortably or on time, with one-in-five (19%) reporting it has forced them to delay their retirement or no longer retire at all, according to the new 2021 Tax-Efficient Retirement Income survey.

Conducted by The Harris Poll on behalf of The Nationwide Retirement Institute®, the study also found one-fourth (27%) of Americans have saved less or stopped saving for retirement because they lost their job or for other reasons. In result, almost two-in-five Americans (37%) have or are likely to withdraw money fr... Read More

Pelotons and Penny-Pinching

Wed, 31 March 2021  |  pandemic spending 

With the end of the pandemic finally in sight, one of its lasting legacies may be pulling American consumers toward new and seemingly contradictory directions of behavior.

A new report from The Conference Board, Consumer Behaviors and Business Opportunities in the COVID-19 Era, maps the convergence—and divergence—of three key trends. First, a year of shutdowns and job losses has sparked a renewed focus on frugality, with many consumers switching to value-priced products, services, and brands. Yet even as this economic anxiety fueled vices like drinking, gambling, and ove... Read More

COVID-19 Changes In Credit Card Use Might Be Permanent

Wed, 31 March 2021  |  pandemic spending 

A new Debt.com survey finds that one-third of respondents are crystal clear about their credit card intentions: "As soon as the pandemic ends, we'll run up bills at restaurants and retailers."

While that might be depressingly predictable to many financial experts, there was a big surprise: Even more people won't do that.

Of the 1,000 respondents, 42 percent agreed with this statement: "I believe we've learned how much interest and fees cost. We'll permanently cut back."

Even higher numbers displayed advanced knowledge of credit card usage that didn't seem to exis... Read More

89% of People Expect Their Jobs to Be Partly Remote After Pandemic Ends

Wed, 31 March 2021  |  workplace 

An expectation on the part of workers that they will be allowed to work remotely more often will be one of the legacies of the pandemic, according to a new study by Boston Consulting Group (BCG) and The Network. Eighty-nine percent of people said their preference in the future will be for a job that allows them to ... Read More

Private Sector Employment Increased by 517,000 Jobs in March

Wed, 31 March 2021  |  employment 

Private sector employment increased by 517,000 jobs from February to March according to the March ADP^® National Employment Report^TM. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute^® in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private... Read More

2021 Will Be The Year Of Camping

Tue, 30 March 2021  |  pandemic recreation 

Social distancing and changes in consumer travel habits have benefited one industry significantly… camping. In a survey of 2,000 campgrounds and RV parks performed by CampgroundViews.com nearly two-thirds of respondents stated that their advanced bookings are up 50% over average for the 2021 camping season. 24% of respondents are seeing advanced bookings up over 80% for the same period.

"The outdoors and camping provide a safer alternative to other forms of travel and vacations," stated Mark Koep, Founder and CEO of CampgroundViews.com. "We expec... Read More