Rising unemployment rates lead to fewer savings contributions at financial institutions because borrowers use their savings to cover essential expenses or avoid delinquency.

Authors

• Person: Not available Organization: Zest AI
  5 macroeconomic indicators for lenders to watch - Zest AI

Sources

• 5 macroeconomic indicators for lenders to watch - Zest AI www.zest.ai Zest AI via serper

Referenced by nodes (2)

• unemployment rates concept
• savings concept