Santander US Survey Finds Optimism Rising Among Middle-Income Households as Concerns about Inflation and Recession Ease
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
US:NYSE Investor Relations:
santander.com/csgs/satellite/cfwcsancomqp01/en_gb/corporate/shareholders-and-investors.html
Company Research
Source: Business Wire
3 in 4 middle-income households believe they are on track toward financial prosperity, as inflation concerns drop 11 percentage points year over year.Two thirds of middle-income households have made cuts to their budgets to cope with higher prices.6 in 10 middle-income consumers are missing out on an opportunity to grow savings, with 56% still earning less than 3% interest.4 in 10 middle-income Americans are spending 7+ hours per week in their vehicles, demonstrating the importance of vehicles in their lives. BOSTON--(BUSINESS WIRE)--Santander Holdings USA, Inc. (“Santander US”) today announced findings from its recent Paths to Prosperity survey showing middle-income Americans are optimistic about their financial futures, with 74% believing they are on the right track toward financial prosperity during the first quarter of 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402544576/en/(Graphic: Business Wire)Middle-
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