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RAB Research Archive

NRF says consumers plan to save their tax refunds for later



A record low number of Americans will spend their tax returns this year while the second-highest number on record will put the money into savings, according to the annual tax return survey released by the National Retail Federation and Prosper Insights & Analytics. “Financial security continues to be top-of-mind for all Americans, and consumers are hanging on to their tax refunds tighter than ever,” NRF President and CEO Matthew Shay said.

Source: National Retail Federation



View or Download: https://nrf.com/media/press-releases/nrf-says-consumers-plan-save-their-tax-refunds-later

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