10 Financial Predictions for 2017 [Infographic]

finance
finance

With 2016 nearing its conclusion, WalletHub released its 10 Financial Predictions for 2017 in order to help consumers get a jump on next year’s narrative.

Via: WalletHub

  1. U.S. GDP Growth Will Remain Anemic, At 2.1%.
  2. Unemployment Won’t Go Far, Finishing Around 5%.
  3. The S&P 500 Won’t Do Much Better Than An Online Savings Account.
  4. U.S. Auto Sales Will Surpass 17M For The Third Straight Year.
  5. Existing Home Sales Will Rise To 6M, Despite Higher Rates.
  6. The Fed Will Raise Rates Twice, Bringing Its Target to 1.125%.
  7. Credit Card Debt Will Break All-Time Records, Topping $1 Trillion Owed.
  8. Consumer Credit Scores Will Peak At 675 In 2017.
  9. The Consumer Financial Protection Bureau Won’t Die.
  10. Charge-Offs Will Top $30 Billion, Limiting Credit Availability.

10 Financial Predictions 2017
Source: WalletHub

For the full report, including a complete Q&A with those experts, please visit:  http://wallethub.com/blog/2017-predictions/30326