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2017 January

Americans Become Fearful of Rising Interest Rates

January 27, 2017
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Change is happening in 2017. Not only do Americans have a new President, but the economy seems to be evolving beyond the “new normal” of super-low interest rates created in in the wake of the financial crisis.

Think about it: we’ve now gotten used to […]

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Does sticking to a budget work?

January 13, 2017
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While many Ohio consumers plan to start 2017 off with a household budget/Personal Spending Plan (I like to use the term Personal Spending Plan (PSP) instead of budget. Budget sounds too restrictive and that is not what a PSP is), sticking to that PSP may pose a […]

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New Vehicle Prices Continued to Rise All Year

January 12, 2017
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New vehicle transaction prices rose steadily throughout 2016, reaching a record level in December.

The average paid for a new light vehicle in December was $35,309, according to Kelley Blue Book.

KBB said that new-car prices increased by $521 (up 1.5 percent) from December 2015 […]

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When the Housing Market Sneezes, the U.S. Economy Catches a Cold

January 6, 2017
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U.S. Housing Worth Hit $29.6 Trillion in 2016

If you want to understand how important the residential housing market is to the well-being of the U.S. economy, consider this: The total value of the U.S. housing stock grew to a record-high $29 […]

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