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Stock impact report

Santander US Survey Finds Optimism Rising Among Middle-Income Households as Concerns about Inflation and Recession Ease [Yahoo! Finance]

Banco Santander, S.A. Sponsored ADR (Spain) (SAN) 
Company Research Source: Yahoo! Finance
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, April 02, 2024 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. Middle-income Americans' concerns about a possible recession and inflation appear to be easing. Many households have adjusted to rising prices, with 45% saying they are better equipped to handle increased prices. While inflation remains a top concern, it was cited by only 46% of re Show less Read more
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