A new analysis conducted by WalletHub shows which retailers are offering the best discounts for this year’s Black Friday.
Read MoreNew Analysis Reveals Retailers with Best Discounts This Black Friday
Tag: WalletHub
Georgia Taxpayers Have the Eighth-Best Return on ‘Investment’
Georgia taxpayers have the eighth-best return on their “investment.”
WalletHub used 29 metrics to analyze the efficiency of state-government services across five categories: education, the economy, health, safety and infrastructure and pollution, to develop the rankings.
Read MoreU.S. Household Debt Rises Sharply
Household debt across the country is sharply on the rise, with U.S. households now collectively on the hook for about $17 trillion in total. The average family holds about $142,680 in debt, according to a new WalletHub report.
All told, the personal finance website concludes that 2022 ended with Americans roughly $320 billion more in total debt than they were at the start of the year. During the fourth quarter alone, consumers added at least $398 million in new debt, the fourth highest build-up for a fourth quarter over the past two decades and more than four times larger than Q4 2021.
Read MoreReport: Georgia Has One of the Nation’s Best Improvements in Its Unemployment Rate
Georgia reported one of the best changes in its unemployment rate of any state in the union, a new analysis found.
According to the report from WalletHub, Georgia has the 15th best change in unemployment. That trailed neighboring Florida (No. 6) and Alabama (12) but was better than South Carolina (28), Tennessee (32) and North Carolina (35).
Read MoreNew Economic Data Shows That Georgia Is Outperforming Many States
New economic data shows Georgia is outperforming many other states across the country.
Georgia’s seasonally adjusted unemployment rate now stands at a record low of 2.8% in July. A new WalletHub analysis found that Georgia has the 15th best change in its unemployment rate
Read MoreReports: As Inflation Rose in 2021, So Did Americans’ Credit Card Debt
As inflation rose last year to a 40-year high, Americans’ credit card debt also soared, according to analyses published by the personal-finance website WalletHub.
In its Credit Card Debt study, Wallethub found that consumers racked up $87.3 billion in new debt in 2021. During the fourth quarter of 2021, debt increased by $74.1 billion, the largest increase ever reported, Wallethub notes. It was also a 63% larger increase than the post-Great Recession average for a fourth quarter.
By the end of 2021, the average household credit card balance was $8,590. “That’s $2,642 below WalletHub’s projected breaking point,” the report states.
Read More