Money Anxiety Index Dips 0.2 Points, Indicating Slight Improvement – NMP Skip to main content

Money Anxiety Index Dips 0.2 Points, Indicating Slight Improvement

Jul 07, 2014

July preliminary Money Anxiety Index decreased 0.2 index points to 71.3 indicating an improvement in the level of financial anxiety among consumers. July's improvement is the forth consecutive month of declining financial anxiety among consumers, who feel more confident about their personal finances and the economy mainly due to meaningful increases in employment in the second quarter of this year. Employment creation is a significant factor in the level of money anxiety. In the second quarter of this year, the economy added a total of 793,000 non-farm jobs; 288,000 in April, 217,000 in May and 288,000 in June. When job creation increases, consumers feel more secure in their current jobs, or are more encouraged about the prospects of finding a job, which leads to an increase in spending and economic growth. July's improvement in the Money Anxiety Index is consistent with a trend that started a year ago. In June of 2013, the Money Anxiety Index reached a high of 90.4 but kept on declining ever since to its current level of 71.3 - a cumulative decrease of 19.1 index points. Although there were bumps along the way, when the Money Anxiety Index increased slightly for one month, the 12-month trend line clearly shows that consumers feel more confident about their personal finances and the economy.
About the author
Published
Jul 07, 2014
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026