Archive

Go to:

August 2017
SMTWTFS
12345
6789101112
13141516171819
20212223242526
2728293031
< Jul Sep >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

NCUA Economic Update Video Now Available
Monday, October 10, 2016 6:35 AM

After the financial turmoil and increased economic uncertainty following the United Kingdom’s decision to leave the European Union in June, underlying economic trends—mostly favorable—reasserted themselves in the U.S., according to a new Economic Update released Thursday by the National Credit Union Administration.

The latest video in the agency’s Economic Update YouTube series is available here‚Äč.

“Steady improvement in labor market conditions is boosting household income and appears to be starting to lift wages,” said NCUA Chief Economist Ralph Monaco. “Improvements in stock prices and rising home prices are lifting household wealth, and consumer optimism is relatively high.” 

Although the national outlook appears positive, Monaco warns that credit unions with ties to some areas of the country and some industries that are underperforming may face challenges. 

NCUA’s Economic Update video series is an ideal information resource for credit union board members, loan officers and management and is available on NCUA’s YouTube channel.