WebOct 31, 2024 · With lending at credit unions well above forecasts in 2024, CUNA is projecting rising rates will help cool lending growth to 7% in 2024, with savings projected to grow 6%. Those factors will contribute to a situation some credit unions are already facing: liquidity pressures. “Having access to liquidity is very important,” said Schenk. WebJun 29, 2024 · CUNA Senior Economist Jordan van Rijn noted that while some have expressed disappointment in the pace of new hiring, the trade group expects unemployment rates to continue to fall to an estimated 5% by the end of 2024 and 4% by the end of 2024, which CUNA dubbed a “relatively fast” economic rebound.
Recession in Early 2024 Now Being Forecast by CUNA; What it …
WebApr 7, 2024 · Economic Forecasts The Economy is Slowing, But Not Quickly The economy is slowing, but not quickly. There may be a recession in the second half of 2024, but it could be delayed. By David... WebDec 19, 2024 · The U.S. economy is forecasted to make a steady comeback in 2024, with overall positive predictions across all fronts. Expect the Fed to continue raising interest rates in the early half of 2024.... scott dryer
CUNA Economic Update - Credit Union National …
WebCUNA Mutual Group's Chief Economist Steven Rick offers his Economic Forecast - dated April 15, 2024. Simulcasts. CCUA 365- Mobile App; The Cooperative Exchange; Update Your CCUA Communication Preferences; 15 Reasons Why You Should Only Bank at a Credit Union - Booklet; 15 Reasons - The Video; WebThe Economic & Credit Union Update is a monthly report on the economic factors that impact credit unions’ operations and financial performance. The U.S. money supply is falling at a -2% year-over-pace, the first time in … WebFeb 16, 2024 · CUNA estimates return on average assets (ROA) for the 12 months ending Dec. 31 was 0.65%, down from 0.93% for 2024. And, it is predicting that ROA will fall to 0.50% both in 2024 and 2024. The... preparation h eye wrinkles