flexiblefullpage - default
Currently Reading

Americans Haven't Recovered From the Recession

Americans Haven't Recovered From the Recession

June 17, 2019
money and pocketbook
Photo: Unsplash/Katie Harp Pinterest Manager

CNBC reports that many Americans feel that their financial situation has worsened since the Great Recession.

“There are still tens of millions who are struggling to even get back to where they were before the economy took a turn for the worse,” said Mark Hamrick, senior economic analyst at Bankrate.com.

Fewer than half (46%) of those who were adults at the time of the recession say they’ve seen their paychecks grow since before it began. More than a third of those who say they, or their partner, lost a job during the recession say their pay has actually dropped from before the recession. More than 2,700 adults were interviewed online in May.

Read more


Related Stories


Buyers Make a Minor Comeback as Mortgage Rates Dip at the End of July

Refinancing activity surged slightly during the first week of August following a drop in 30-year fixed-rate mortgages at the end of July


Share of New-Home Sales Financed Through FHA Loans Falls to 14-Year Low

Over the last four quarters, the share of new-home sales financed with conventional loans has climbed by 4.3 percentage points, while the Federal Housing Authority’s market share has dropped 6.2 percentage points


Homebuyers Unable to Find Traditional Mortgages Are Trying Out Alternative Financing

Some homebuyers who are unable to secure traditional mortgages are taking a risk and turning to alternative financing options that lack consumer protections

boombox1 -
native1 - default

More in Category

native2 - default
halfpage1 -

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.

Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.