Rocket Companies Inc. has released findings from a recent Redfin-commissioned survey showing a significant rise in consumer hesitation toward major purchases amid the ongoing federal government shutdown. According to the survey, 45% of Americans say they are less likely to make a major purchase, such as a home or car, due to the shutdown-more than double the 21% who felt this way in early October. The share of respondents who are "much less likely" to make a major purchase jumped from 14% to 28% over the past month. Concerns about job security remain steady, with nearly a third of workers expressing worry about their employment status. Among those concerned, tariffs and government restructuring are now the most frequently cited reasons, overtaking company performance, which was the top concern in August. The survey also identified decreased income or income delays as the leading reason for missed or late housing payments or expectations of payment difficulties in the coming months. These findings highlight growing consumer caution and job market anxiety as economic uncertainty continues.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251107573714) on November 07, 2025, and is solely responsible for the information contained therein.
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