TransUnion's Wave 6 US Consumer Pulse Study Released
We’ve just released the latest TransUnion US Consumer Pulse Study — a quarterly survey exploring how consumers’ personal finances have changed and what changes they expect in the future. Here are the key takeaways:
The expected shortfall ($1,016) of consumers that are financially impacted and the elapsed time until they cannot pay their bills (6.3 weeks) remains constant week-over-week. Government and company crisis-response measures such as stimulus checks (44%) and the ability to make partial payments (32%) remain two of the top three instruments Americans are using to shore up their shortterm financial gap.
In the week the government passed additional aid to support small businesses, job loss among employees of small businesses reached 1 in 5, and 67% of these consumers are experiencing financial hardship.