PSB Insights

MassMutual Consumer Spending & Saving Index: Americans Opt for Fun in the Sun with Well-Being on the Back Burner

Retrieved on: 
月曜日, 5月 20, 2024
Other Health, Banking, General Health, Professional Services, Business, Other Travel, Travel, Other Professional Services, Insurance, Human Resources, Finance, Health, Consumer spending, Learning, Parent, Mother, Silent Generation, Generation X, PSB Insights, Gen, Anxiety, Father, Generation Z, PSB, Research, Generator, MassMutual, Environment, Clothing, Tourism

Americans’ bags are packed for summer vacation, whether or not their wallets can spare it, according to the latest Consumer Spending & Saving Index from MassMutual .

Key Points: 
  • Americans’ bags are packed for summer vacation, whether or not their wallets can spare it, according to the latest Consumer Spending & Saving Index from MassMutual .
  • “Many may be feeling that to afford a fun summer activity, they must forego other variable expenditures.
  • Those expecting a surge in summer spending are eyeing new areas to allocate their funds, including gas, vacations, and local outings.
  • The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.

MassMutual Consumer Spending & Saving Index: American Families are Financially Stretched yet Optimistic

Retrieved on: 
火曜日, 4月 9, 2024
Professional Services, Insurance, Finance, Mother, Silent Generation, Research, MassMutual, Uncertainty, SUN, Environment, Consumer spending, Generation X, Anxiety, Father, Generator, LESS, PSB Insights, Generation Z, OPTIMISM, Parent, Gen

Despite persistent economic headwinds, Americans are largely more confident about their financial futures than they were last quarter, according to the latest Consumer Spending & Saving Index from MassMutual .

Key Points: 
  • Despite persistent economic headwinds, Americans are largely more confident about their financial futures than they were last quarter, according to the latest Consumer Spending & Saving Index from MassMutual .
  • Far fewer Americans believe we are headed for a recession than a year ago (37% Q1 2024 vs. 52% Q1 2023).
  • The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.
  • Research was also conducted with an additional sample of 500 adult Massachusetts residents from February 8 to 26, 2024.

MassMutual Research: Most Retirees are Happier in Retirement vs. Working Thanks to Financial Preparation, but More than One Third Report Feeling Lonely

Retrieved on: 
水曜日, 3月 13, 2024
Seniors, Nursing, Human Resources, Managed Care, Health, Professional Services, Consumer, Other Health, Friends, MassMutual, Public, Travel, Research, PSB Insights, Investment, Happiness, Workforce, Retirement, Family, Pension fund

Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.

Key Points: 
  • Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.
  • While many retirees experience increased happiness in retirement, a noteworthy number admit to feeling lonely.
  • Of the 33% of retirees who are not happier in retirement, nearly half agree that retirement occasionally makes them feel lonely.
  • A third of retirees who are not happier in retirement report less opportunity for dating and romance in retirement than they expected.

HarrisX Hires Industry Experts in Washington DC, Positions Itself for 2024 Election Year Growth

Retrieved on: 
木曜日, 2月 8, 2024
Communication, Consultant, Hill, Policy, Data journalism, Marketing, Burson Cohn & Wolfe, Corporation, Growth, Investment, Non-governmental organization, BCW, Fortune 500, PSB Insights, Politics, Senior, The Hill (newspaper), Research, Stagwell, Public policy

WASHINGTON, Feb. 8, 2024 /PRNewswire/ -- HarrisX, a leading global research consultancy that conducts market research, public policy polling, and social impact studies in more than 40 countries around the world, today announced the expansion of its Washington D.C. office, positioning itself for further growth during the 2024 election.

Key Points: 
  • WASHINGTON, Feb. 8, 2024 /PRNewswire/ -- HarrisX , a leading global research consultancy that conducts market research, public policy polling, and social impact studies in more than 40 countries around the world, today announced the expansion of its Washington D.C. office, positioning itself for further growth during the 2024 election.
  • Dom Bartkus joins HarrisX as a Senior Vice President and Managing Director leading the Washington, DC market.
  • Bartkus most recently served as a Senior Vice President of Issues, Crisis and Public Affairs Communications at Burson Cohn & Wolfe (BCW).
  • "HarrisX is a leading research company that advises some of the most iconic global brands and well-respected organizations," said Dom Bartkus.

Not so Merry and Bright: MassMutual Quarterly Survey finds Americans’ Confidence in their Financial Futures Low ahead of Festive Season

Retrieved on: 
火曜日, 12月 5, 2023
Men, Professional Services, Family, Personal Finance, Consumer, Baby Boomers, Insurance, Generation Z, Women, Generation X, Seniors, Millennials, Consulting, HOLIDAY, PSB, Research, Consumer spending, PSB Insights, Social media, CFP, Federal Reserve, Baby boomers, Silent Generation, MassMutual, Retail, Bank, Tourism

“It is crucial to recognize that challenging times require more thoughtful financial planning, and this is a good moment in the year to reflect on what’s ahead.

Key Points: 
  • “It is crucial to recognize that challenging times require more thoughtful financial planning, and this is a good moment in the year to reflect on what’s ahead.
  • A staggering 76% of respondents with student loan debt say the resumption of student loan payments has had a negative impact on their day-to-day financial health.
  • HOLIDAY CHEER: Intriguingly, Americans’ anxiety over their financial futures has not notably dampened their holiday cheer compared to last year.
  • Research was also conducted with an additional sample of 500 adult Massachusetts residents from October 19 to November 7, 2023.

MassMutual Consumer Spending & Saving Index: In Pursuit of Happiness, Younger Generations Prioritize Money over Marriage

Retrieved on: 
火曜日, 9月 19, 2023
Generation X, Personal Finance, Millennials, Baby Boomers, Finance, Professional Services, Consumer, Generation Z, Silent, Gen, MassMutual, CFP, Baby boomers, Silent Generation, Anxiety, Consumer spending, Research, Generator, Retirement, Investment, Happiness, PSB Insights, Social media, Financial adviser, Bank, Marketing, TikTok

Most younger Americans believe financial stability is a stronger determinant of personal happiness than the person they marry, according to the latest Consumer Spending & Saving Index from Massachusetts Mutual Life Insurance Company ( MassMutual ).

Key Points: 
  • Most younger Americans believe financial stability is a stronger determinant of personal happiness than the person they marry, according to the latest Consumer Spending & Saving Index from Massachusetts Mutual Life Insurance Company ( MassMutual ).
  • 74% with student loan debt are planning to cut back on their spending when student loan payments resume.
  • For Millennials, costumes (66%) and attending and/ or hosting in-person celebrations (61%) contribute the most to their anticipated increase in spending.
  • Research was also conducted with an additional sample of 500 adult Massachusetts residents from August 5-28, 2023.

Leading Shariah Scholars Rule Cultivated Meat Can Be Halal

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月曜日, 9月 11, 2023
Food Tech, Retail, Technology, Environment, Sustainability, Food, Beverage, Immortalised cell line, Edible, Learning, International Islamic Fiqh Academy, Meat, GOOD, Public Investment Fund, Diet, Food technology, Life, Education, Frontiers, Sharia, Partner, Food safety, Eating, Nutrient, Multimedia, Cell, Muslims, Permanent Committee for Scholarly Research and Ifta, US, Climate change, Documentation, Animal, 2022 United Nations Climate Change Conference, Mecca, Photograph, Motivation, Comparative law, PSB Insights, Health, United Nations Climate Change conference, Food security, Book, Conference, Animal husbandry, Agriculture, Nutrition, Islam, Kingdom

GOOD Meat , the cultivated meat division of food technology company Eat Just, Inc., announced today that a group of leading Islamic scholars has advised the firm that real meat made from cells, without raising and slaughtering animals, can be halal if production meets certain criteria.

Key Points: 
  • GOOD Meat , the cultivated meat division of food technology company Eat Just, Inc., announced today that a group of leading Islamic scholars has advised the firm that real meat made from cells, without raising and slaughtering animals, can be halal if production meets certain criteria.
  • Answering this theological question is a meaningful step forward for international acceptance of cultivated meat since halal consumers represent about 25% of the world's population.
  • The global halal meat market was a US$202 billion business in 2021 and is estimated to reach US$375.05 billion by 2030, according to some estimates .
  • The Shariah scholars reviewed documentation prepared by GOOD Meat and attorneys at AlDhabaan & Partners in association with Eversheds Sutherland that described how cultivated chicken, the company’s first product, is made.

MassMutual Consumer Spending & Saving Index: Summer Fun Shaded by Financial Anxiety for Younger Generations

Retrieved on: 
月曜日, 6月 12, 2023
Professional Services, Travel, Vacation, Finance, Housing, PSB, Gen, MassMutual, Silent Generation, Millennials, Baby boomers, Anxiety, Consumer spending, ChatGPT, Research, Infant, Generation Z, Generator, Retirement, Panic, Consumer, PSB Insights, News, Legislation, Renewable energy, Birth control, Credit, Cryptocurrency, Tobacco, Bank, Generation X

“Even though younger generations have more years to recover from financial stressors, they are anxious about inflationary pressures and interest rate hikes,” explains Paul LaPiana , head of MassMutual brand, product and affiliated distribution.

Key Points: 
  • “Even though younger generations have more years to recover from financial stressors, they are anxious about inflationary pressures and interest rate hikes,” explains Paul LaPiana , head of MassMutual brand, product and affiliated distribution.
  • Additional findings demonstrate:
    The impacts of inflation (88%) and a potential recession (81%) remain the most pressing fears for Americans with younger generations feeling the most acute anxiety.
  • Although younger generations are more likely to prioritize financial security over a secure relationship, few have retirement accounts set up.
  • “The latest findings from our Consumer Spending & Saving Index reinforce what MassMutual gleans from its policyowners: the financial challenges and opportunities faced by Americans today are complex and unrelenting,” says LaPiana.

MassMutual Consumer Spending & Saving Index: Is Optimism Replacing Fear as Americans Navigate Today’s Economy?

Retrieved on: 
火曜日, 3月 7, 2023
Professional Services, Insurance, Finance, Optimism, Retirement, Generation Z, PSB Insights, Research, Consumer, MassMutual, COVID-19, Gen, Silent Generation, Generator, Cryptocurrency, Drug, Online shopping, Video game, Tobacco, Millennials, Generation X

More than half of Americans are still delaying purchases due to inflation; however, this is less than last quarter (55% vs. 59%).

Key Points: 
  • More than half of Americans are still delaying purchases due to inflation; however, this is less than last quarter (55% vs. 59%).
  • Consumers who have already taken steps to save and invest wisely may be best positioned.”
    Other key findings of the MassMutual Consumer Spending & Saving Index include:
    Americans are more optimistic about the U.S. economy.
  • This sentiment is driven by Gen X and Baby Boomers, who are considerably more optimistic than they were last quarter.
  • The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.

Serent Capital Announces Acquisition of Apex HCM by IRIS Software Group

Retrieved on: 
火曜日, 2月 28, 2023
Software, Networks, Internet, Consulting, Data Management, Accounting, Professional Services, Technology, Luigi, Acquisition, IRIS, Certified Public Accountant, CPA, Payroll service bureau, PSB Insights, HR, HCM, Bookkeeping, Management, Apex

Apex HCM (Apex), a leading cloud-based HCM software provider for payroll service bureaus (PSBs) and Certified Public Accountant (CPA) firms, announced today that it has been acquired by IRIS Software Group (IRIS), a leading global software provider of accountancy and payroll solutions.

Key Points: 
  • Apex HCM (Apex), a leading cloud-based HCM software provider for payroll service bureaus (PSBs) and Certified Public Accountant (CPA) firms, announced today that it has been acquired by IRIS Software Group (IRIS), a leading global software provider of accountancy and payroll solutions.
  • Its all-in-one enterprise HCM suite enables PSBs and CPAs to serve their SMB clients with recruitment, onboarding, benefits administration, HR and time and attendance software from a cloud-native platform.
  • We look forward to Apex’s continuing customer-centric growth and success.”
    Elona Mortimer-Zhika, CEO of IRIS says, “We are delighted to welcome Apex to the IRIS family.
  • This acquisition continues our successful journey providing leading software to PSBs and CPA firms – a market which IRIS has been serving for decades in the UK and we are rapidly expanding in the Americas region.”
    The acquisition of Apex is a significant milestone in IRIS’ international growth.