The economy is closing in on the best year for growth in more than a decade, and household and business spirits are understandably upbeat. Workers have enjoyed 95 consecutive months of job growth, the longest stretch on record; wages are finally starting to rise at a faster clip; and personal finances continue to improve, with the savings rate at a healthy 6.7 percent. Not surprisingly, personal consumption staged the strongest increase in nearly four years during the second quarter, and the summer season appears to have fared nearly as well. Heading into the final quarter of the year, there is no reason to think that consumers will zip up their wallets. Because consumer spending accounts for 70 percent of total output, the year should finish on a solid note. October 2018 Economic and Financial Digest
Five Practices for Financial Safety
It is no secret that internet fraud is on the rise, and unfortunately, many seniors have found themselves socially isolated after the pandemic, making them
June 15, 2022
Laurene Brooks joined Legacy in 2004, shortly after the company’s inception. She earned undergraduate degrees in journalism and Spanish, and her Juris Doctor (JD) designation from Marquette University. Laurene has over 30 years of experience in law and relationship management. In addition to assisting clients with financial management and estate planning, Laurene is Legacy’s senior fiduciary officer. In addition, she was a member of the Real Property, Probate, and Trust Division of the Wisconsin State Bar for 10 years and served as chair.
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