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rising auto demand reflects middle-income americans confidence in financial stability

A recent survey reveals that 46% of consumers have shifted funds to higher interest savings accounts, while 53% are considering personal loans for debt consolidation or large purchases. Confidence in financial prosperity is high, with 77% of middle-income Americans feeling secure, despite ongoing inflation concerns. As auto demand rises, 47% are contemplating vehicle purchases, driven by urgency amid price uncertainty.
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United States Dollar Banco Santander, S.A. Santander Holdings USA Inc. ESP USA Andrew Simonelli Caroline Connolly
Finance & Economy, Press Release
17:18 02.04.2025
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