Trade Associations
Here's a look at documents from national and international trade associations
Featured Stories
SWANA Updates Key Technical Policies
SILVER SPRING, Maryland, April 29 -- The Solid Waste Association of North America issued the following news release:
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SWANA Updates Key Technical Policies
The Solid Waste Association of North America (SWANA) released three updated Technical Policies on key industry topics: the Development of Regulations Related to Solid Waste Management; the Safe Recycling of Electronic Waste; and Conversion Technologies, Resource Recovery, and Energy Recovery as Part of Integrated Solid Waste Management.
"Technical Policies are developed by SWANA members to ensure everything we do, from policy positions
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SILVER SPRING, Maryland, April 29 -- The Solid Waste Association of North America issued the following news release:
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SWANA Updates Key Technical Policies
The Solid Waste Association of North America (SWANA) released three updated Technical Policies on key industry topics: the Development of Regulations Related to Solid Waste Management; the Safe Recycling of Electronic Waste; and Conversion Technologies, Resource Recovery, and Energy Recovery as Part of Integrated Solid Waste Management.
"Technical Policies are developed by SWANA members to ensure everything we do, from policy positionsto advocacy efforts, is aligned with the practical needs of our members," shared SWANA CEO Amy Lestition Burke, MA, FASAE, CAE. "We appreciate the work of our SWANA members who shared their expertise and time to guide updated, sound policies that will be an asset as SWANA continues to bring together perspectives and stakeholders from across the industry to move beyond waste to resource management."
The SWANA Sustainable Materials Management (SMM) Technical Division Advocacy Committee and the SWANA Waste Conversion & Energy Recovery (WCER) Technical Division served important roles in the policy review and updating process. The SWANA Policy Committee led the review process and the SWANA board of Directors approved the updated policies on April 19, 2026.
Technical Policies represent the positions SWANA takes on the various technical aspects associated with waste and resource management, serving as a basis for SWANA advocacy and as a resource for SWANA members and other industry professionals.
The three new policies, updated to reflect modern practices and safety approaches, include:
T-3.2 The Development of Regulations Related to Solid Waste Management
This policy provides an overview of what state/provincial governments in the US and Canada should focus on when developing, implementing, enforcing, and reviewing solid waste management regulations. It states that "SWANA supports the need for strong and clear regulations that lead to optimal solid waste management systems and that protect human health and the environment" and describes the range of activities that are needed to make up a robust waste and resource management program.
T-6.3 Safe Recycling of Electronic Waste
This policy explains that SWANA supports responsible recycling of electronics and the approach to the responsible provision of electronics recycling. It stresses that ensuring responsible management of electronic waste is important for many reasons, including the prevention of fires caused by lithium-ion and other batteries in electronics.
T-8 Conversion Technologies, Resource Recovery, and Energy Recovery as Part of Integrated Solid Waste Management
The policy states that SWANA supports integrated solid waste management systems that prioritize waste reduction and recycling and describes the critical process to evaluate and apply multiple complementary solutions where they are environmentally responsible and economically viable. It explains that SWANA supports resource recovery, conversion technologies, and waste to energy as integral components of an integrated solid waste management system, provided they meet certain criteria, as described in the policy.
"These were important updates as we reflect on the role of various policies and technologies in modern waste and resource management," shared Kristyn Oldendorf, SWANA senior director of public policy and communications. "The updates to the policy on electronics recycling are especially timely, as we are experiencing an industry crisis with fires caused by embedded lithium-ion batteries. Going forward, we will reference these technical policies when providing SWANA comments and advocacy."
The full library of SWANA Technical Policies can be found at https://swana.org/key-initiatives/swana-advocacy-and-policy/technical-policies.
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About SWANA
The Solid Waste Association of North America (SWANA) is a member-based association of professionals from across the waste and resource management industry. SWANA serves industry professionals through technical education, publications and research, and a large offering of technical training courses and credentialing to create a highly skilled workforce.
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Original text here: https://swana.org/news/swana-news-archive/article/2026/04/28/swana-updates-key-technical-policies
[Category: Environment]
NAHB Applauds HUD and USDA Action to Roll Back Costly Energy Mandate
WASHINGTON, April 29 -- The National Association of Home Builders issued the following statement on April 28, 2026:
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NAHB Applauds HUD and USDA Action to Roll Back Costly Energy Mandate
Bill Owens, chairman of the National Association of Home Builders (NAHB) and a home builder and remodeler from Worthington, Ohio, issued the following statement after the Department of Housing and Urban Development (HUD) and the Department of Agriculture (USDA) announcement today to rescind the rule that would impose the 2021 International Energy Conservation Code (IECC) and ASHRAE 90.1-2019 as the minimum
... Show Full Article
WASHINGTON, April 29 -- The National Association of Home Builders issued the following statement on April 28, 2026:
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NAHB Applauds HUD and USDA Action to Roll Back Costly Energy Mandate
Bill Owens, chairman of the National Association of Home Builders (NAHB) and a home builder and remodeler from Worthington, Ohio, issued the following statement after the Department of Housing and Urban Development (HUD) and the Department of Agriculture (USDA) announcement today to rescind the rule that would impose the 2021 International Energy Conservation Code (IECC) and ASHRAE 90.1-2019 as the minimumenergy-efficiency standards for certain single-family and multifamily housing programs:
"NAHB commends HUD and USDA for taking decisive action to roll back these overly burdensome energy mandates, which threatened to deepen the nation's housing affordability crisis. Compliance with the rule would have placed significant new cost pressures on home builders and multifamily developers, making it harder to deliver the affordable, attainable communities that are urgently needed. Research shows that adopting these standards could have added between $9,600 and $21,400 to the price of a new home depending on the climate zone. By repealing this onerous mandate, the Trump administration is making it easier for builders to construct more housing supply at an attainable price for Americans."
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Original text here: https://www.nahb.org/news-and-economics/press-releases/2026/04/nahb-applauds-hud-and-usda-action-to-roll-back-costly-energy-mandate
[Category: Real Estate]
Grundfos Pumps India Receives Frost & Sullivan's 2026 Indian Company of the Year Recognition for Leadership in Sustainable Pumps for Industrial Water
SAN ANTONIO, Texas, April 29 -- Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services, posted the following news release:
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Grundfos Pumps India Receives Frost & Sullivan's 2026 Indian Company of the Year Recognition for Leadership in Sustainable Pumps for Industrial Water
The recognition highlights Grundfos Pumps India's market leadership in sustainable pumps, industrial water management, and energy-efficient pumping solutions driven by digitalization and water stewardship.
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Frost & Sullivan is pleased to announce that
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SAN ANTONIO, Texas, April 29 -- Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services, posted the following news release:
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Grundfos Pumps India Receives Frost & Sullivan's 2026 Indian Company of the Year Recognition for Leadership in Sustainable Pumps for Industrial Water
The recognition highlights Grundfos Pumps India's market leadership in sustainable pumps, industrial water management, and energy-efficient pumping solutions driven by digitalization and water stewardship.
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Frost & Sullivan is pleased to announce thatGrundfos Pumps India Pvt. Ltd. has received the 2026 Indian Company of the Year Recognition in the Sustainable Pumps for Industrial Water category for its outstanding achievements in sustainability-led innovation, strategy execution, and measurable customer impact. This recognition underscores the company's consistent leadership in advancing energy-efficient pumping systems, strengthening its position in India's industrial water market, and enabling customers to manage water and energy more responsibly in an increasingly resource-constrained environment.
Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Grundfos Pumps India excelled in both dimensions, demonstrating a clear ability to align long-term strategic priorities with evolving industrial demand while executing them with discipline, scalability, and consistency. Emphasizing the perspective shared in the assessment, Fredrick Royan, Associate Partner, Sustainability at Frost & Sullivan, said, "Grundfos Pumps India is positioned to shape the next phase of industrial water pumps by combining technological ambition with verifiable sustainability outcomes, transforming water management into a strategic driver of national progress and competitive differentiation."
Guided by a long-term growth strategy centered on sustainability, digitalization, and application-centric engagement, Grundfos Pumps India has demonstrated strategic agility in adapting global engineering expertise to local industrial realities. The company's sustained investment in smart pumping technologies, variable-speed solutions, and data-enabled system optimization has allowed it to scale effectively across high-growth industrial sectors in India, including manufacturing, food and beverage, pharmaceuticals, mobility, semiconductors, and energy-intensive process industries.
Innovation remains integral to Grundfos Pumps India's approach to the industrial water ecosystem. Its comprehensive portfolio of sustainable pumps, pump systems, digital controls, and smart filtration solutions addresses the full lifecycle of industrial water management, from intake and treatment to reuse and discharge. By enabling demand-based pumping, advanced monitoring, and adaptive control, these solutions help customers reduce energy consumption, lower operational costs, and improve system reliability.
"India's industrial transformation will be defined by how intelligently we manage water. At Grundfos, we see technology not just as an enabler, but as a catalyst for a more resilient and resource positive future. By combining advanced pumping intelligence with data driven water management, we are empowering industries to move beyond incremental efficiency and embrace system level sustainability that safeguards both operational continuity and long term competitiveness," said Shankar Rajaram, Head of Sales, IND Division at Grundfos Pumps India.
Grundfos Pumps India's emphasis on customer experience reinforces its leadership in sustainable pumps for industrial water. The company supports customers through digital services, optimization programs, repair and lifecycle services, and transparent engagement models that allow users to validate performance before and after deployment. Its application-driven methodology, combined with localized sales and service support across India, enables long-term partnerships built on trust, reliability, and measurable outcomes rather than stand-alone product transactions.
Frost & Sullivan commends Grundfos Pumps India for setting a high benchmark in competitive strategy, execution excellence, and market responsiveness. The company's ability to integrate smart pumping, digital platforms, renewable energy alignment, and water stewardship is shaping the future of industrial water management in India and delivering tangible economic and environmental value at scale.
Each year, Frost & Sullivan presents the Company of the Year Recognition to an organization that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market performance, customer value, and competitive positioning. The recognition highlights organizations that are redefining industry standards through innovation, excellence in growth, and long-term impact.
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About Grundfos
Grundfos Pumps India Pvt. Ltd. (Grundfos India) is a 100% subsidiary of Grundfos - Denmark. A global leader in advanced pump solutions and a trendsetter in water technology, the company manufactures more than 16 million pump units annually. The company's main products include circulator pumps for heating and air-conditioning, as well as other centrifugal pumps for the industry, water supply, sewage, and dosing. The company contributes to global sustainability by pioneering technologies that improve the quality of life for people and care for the planet.
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Original text here: https://www.frost.com/news/press-releases/grundfos-pumps-india-receives-frost-sullivans-2026-indian-company-of-the-year-recognition-for-leadership-in-sustainable-pumps-for-industrial-water/
[Category: BizConsulting]
Equipment Leasing & Finance Association: Q1 New Equipment Demand at Record High
WASHINGTON, April 29 (TNSrep) -- The Equipment Leasing and Finance Association issued the following news release on April 28, 2026:
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Q1 New Equipment Demand at Record High
The latest CapEx Finance Index (https://www.elfaonline.org/research/capex-finance-index/elfa-capex-finance-index-march-2026) (CFI), released today by the Equipment Leasing & Finance Association (ELFA), shows that while new deal growth edged down in March, total new business volumes (NBV) recorded its strongest quarter on record. Financial conditions remain stable despite ongoing regional tensions in the Middle East. The
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WASHINGTON, April 29 (TNSrep) -- The Equipment Leasing and Finance Association issued the following news release on April 28, 2026:
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Q1 New Equipment Demand at Record High
The latest CapEx Finance Index (https://www.elfaonline.org/research/capex-finance-index/elfa-capex-finance-index-march-2026) (CFI), released today by the Equipment Leasing & Finance Association (ELFA), shows that while new deal growth edged down in March, total new business volumes (NBV) recorded its strongest quarter on record. Financial conditions remain stable despite ongoing regional tensions in the Middle East. Theindustry maintains a strong buffer against the surge in energy prices and the upcoming leadership transition at the Federal Reserve.
* Total NBV among surveyed ELFA member companies was $10.8 billion on a seasonally adjusted basis.
* Year-to-date NBV rose by 18.6% relative to the same period in 2025.
* Year-over-year, NBV increased by 12.5% on a non-seasonally adjusted basis.
"Geopolitical tensions and economic uncertainty appear to have hit another gear in 2026, but demand for equipment has so far been unaffected," said Leigh Lytle, President and CEO at ELFA. "New business volume growth slowed modestly in March, but the industry just experienced its strongest quarter ever. The full economic impact of the conflict in the Middle East has not yet been felt in the data, so I wouldn't be surprised to see some deterioration in demand heading into the summer. That said, financial conditions remain healthy, and I'm optimistic that our industry can weather the dual impact of higher prices and a changing of the guard at the Fed."
Equipment demand remained strong. Total NBV grew by $10.8 billion in March, a contraction of 1.8% from the $11.0 billion recorded in February. The total new volume series tracks the amount of new activity added by banks, independents, and captives in a given month. While the headline index has declined for two consecutive months, total new volumes hit their highest quarterly dollar amount ever at the start of the year. New volume growth is on pace to exceed its 2024 annual total, which was the largest dollar amount ever recorded in the survey's history.
Small ticket volume growth tracks broader economic conditions and is an important barometer of aggregate demand for equipment. Small ticket deals grew by $3.4 billion, down 17.7% from February. December through February saw the strongest total small deal volume dollar amount ever, and the March dollar amount is just under its trailing 12-month average of $3.6 billion.
Activity at banks and independents rose by 2.3%, while new volumes declined by a modest 0.2% at captives. New deals at independents plummeted 34.3% from the prior month but were only down 0.3% year over year.
The overall credit approval held firm at a high level. The industry-wide average ticked up to 77.2% in March, up 0.1 percentage points from the prior month. Over the last year, the credit approval rate was up 1.1 percentage points. The average small ticket approval rate rose for only the second time in six months, to 79.8%. The rate at banks dropped by 0.2 percentage points, while the rate at captives rose 0.8 percentage points, and the rate at independents was unchanged.
The delinquency rate edged up, and the loss rate rose further. The overall delinquency rate rose to 2.0% in March, in line with its average over the last two years. The delinquency rate at banks rose by 0.4 percentage points, while the rate at captives fell by 0.21 percentage points. The rate at independents was up 0.04 percentage points.
The overall loss rate increased by 0.07 percentage points to 0.62%. The average loss rate for small ticket deals also rose to 0.93%, driven predominantly by a single survey respondent. The average loss rate for all three industry groups increased from the prior month.
Industry Confidence
The Monthly Confidence Index tracks the sentiment of executives in the industry. The index in April is 54.6, a decrease from 61.0 in March, and the lowest level since May 2025.
"Tariffs may have stalled decision-making in 2025, but 2026 is all about execution," said John Paradisi, Chief Executive Officer of Libertas Funding. "We are seeing strong activity across construction, healthcare, and manufacturing, where businesses are moving on expansion projects and equipment upgrades that require both equipment financing and working capital. Geopolitical uncertainty, including the situation in Iran, continues to pressure supply chains and input costs, making access to flexible working capital even more critical. As borrowing costs remain elevated, businesses are prioritizing speed and access to capital over cost alone. Working capital has become the bridge that keeps large-scale projects moving forward on schedule."
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Original text here: https://www.elfaonline.org/newsroom/cfi-march-2026
[Category: Facilities Management]
Centrical Receives Frost & Sullivan's 2026 Global Transformational Innovation Leadership Recognition for Excellence in Performance Intelligence
SAN ANTONIO, Texas, April 29 -- Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services, posted the following news release:
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Centrical Receives Frost & Sullivan's 2026 Global Transformational Innovation Leadership Recognition for Excellence in Performance Intelligence
Recognized for advancing performance intelligence through transformational innovation that enhances frontline productivity, engagement, and business outcomes.
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Frost & Sullivan is pleased to announce that Centrical has been awarded the 2026 Global Transformational
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SAN ANTONIO, Texas, April 29 -- Frost and Sullivan, a provider of market research and analysis, growth strategy consulting and corporate training services, posted the following news release:
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Centrical Receives Frost & Sullivan's 2026 Global Transformational Innovation Leadership Recognition for Excellence in Performance Intelligence
Recognized for advancing performance intelligence through transformational innovation that enhances frontline productivity, engagement, and business outcomes.
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Frost & Sullivan is pleased to announce that Centrical has been awarded the 2026 Global TransformationalInnovation Leadership Recognition in the Performance Intelligence Platform industry for its outstanding achievements in innovation, strategy execution, and customer impact. This recognition highlights Centrical's consistent leadership in driving measurable outcomes, strengthening its market position, and delivering customer-centric innovation in an evolving competitive landscape.
Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Centrical excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale. "Frost & Sullivan believes that Centrical's commercial success stems from its strong focus on being not just a technological partner, but also a cultural and digital transformation partner through its products and change management offerings," said Ankita Singh, Industry Principal at Frost & Sullivan.
Guided by a long-term growth strategy focused on transformational innovation, Centrical has shown its ability to adapt and lead in a rapidly evolving landscape. The company's strategic agility and sustained investment in AI-powered performance intelligence have enabled it to scale effectively across global enterprise and BPO environments.
Innovation remains central to Centrical's approach. Its Performance Intelligence Platform addresses the full spectrum of frontline enablement needs, offering capabilities across performance management, coaching, quality management, microlearning, and voice of employee analytics. The platform's AI-powered role play, agentic workflows, and real-time Manager Experience deliver personalized, actionable insights embedded directly into the flow of work.
"Performance intelligence is becoming the operating system for a hybrid frontline, where humans and AI agents work side by side, each with different gaps, a different pace, and different measures of success. What we're building is a system that closes the loop between business priorities and individual performance, automatically and at scale. That's how strategy meets the frontline. We're proud of this recognition and more focused than ever on what comes next," said Gal Rimon, Founder and CEO of Centrical.
Centrical's unwavering commitment to customer experience further strengthens its position in the market. By reimagining quality evaluations as a driver of performance improvement, streamlining service delivery, and enabling scalable self-service through its Change Hub and PowerUp solutions, the company continues to meet the needs of its expanding global customer base. Its partner-led delivery model and focus on localized support have been key to delivering long-term value across diverse market segments.
Frost & Sullivan commends Centrical for setting a high standard in competitive strategy, execution, and market responsiveness. The company's vision, innovation pipeline, and customer-first culture are shaping the future of the Performance Intelligence Platform industry and driving tangible results at scale.
Each year, Frost & Sullivan recognizes companies that demonstrate outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning, with its Transformational Innovation Leadership Recognition. The recognition is for forward-thinking organizations that are reshaping their industries through innovation and growth excellence.
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About Centrical
Centrical is the Performance Intelligence Platform that helps enterprise frontline teams unlock human performance and organizational agility in an AI-enabled workforce. Built for sales, service, and CX teams, Centrical orchestrates performance, engagement, and growth across employees, managers, and leadership at all stages of the employee lifecycle.
For employees, Centrical turns performance signals into personalized guidance and development in the flow of work. For managers, AI-assisted coaching and performance insights expand manager spans, while reducing administrative burden. For leaders, Centrical provides actionable insights into performance drivers--enabling faster decisions, smarter interventions, and greater agility.
Founded in 2013, Centrical serves global enterprises across 150 countries and 40 languages and is recognized as a leader in Workforce Engagement Management by Frost & Sullivan and QKS Group. Centrical has offices in New York, Tel Aviv, and London, and customers include leading multinational enterprises such as TP, DHL, Deutsche Telekom, and two top five U.S. banks.
For more information about Centrical, please visit www.centrical.com.
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Original text here: https://www.frost.com/news/press-releases/centrical-receives-frost-sullivans-2026-global-transformational-innovation-leadership-recognition-for-excellence-in-performance-intelligence/
[Category: BizConsulting]
American Fintech Council Urges the Delaware State House of Representatives to Pass Banking Modernization and Digital Asset Legislation
WASHINGTON, April 29 -- The American Fintech Council, an organization that says it promotes a transparent, inclusive and customer-centric financial system, issued the following news release:
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American Fintech Council (AFC) Urges the Delaware State House of Representatives to Pass Banking Modernization and Digital Asset Legislation
AFC congratulated Chairman Spiros Mantzavinos and applauded Senate passage of multiple bills that will modernize financial services framework and clarify digital asset rules
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Dover, DE - The American Fintech Council (AFC), the largest industry association representing
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WASHINGTON, April 29 -- The American Fintech Council, an organization that says it promotes a transparent, inclusive and customer-centric financial system, issued the following news release:
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American Fintech Council (AFC) Urges the Delaware State House of Representatives to Pass Banking Modernization and Digital Asset Legislation
AFC congratulated Chairman Spiros Mantzavinos and applauded Senate passage of multiple bills that will modernize financial services framework and clarify digital asset rules
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Dover, DE - The American Fintech Council (AFC), the largest industry association representingboth responsible fintech companies and innovative banks, applauded Delaware State Senate Banking Chairman Spiros Mantzavinos on the Senate's passage of Senate Bill 16, the Delaware Banking Modernization Act of 2026, and Senate Bill 19, the Delaware Payment Stablecoin Act, and urged the Delaware State House of Representatives to do the same.
Collectively, this legislation modernizes the Delaware financial services framework by updating digital asset definitions, expanding State Bank Commissioner authority, strengthening governance standards for state-chartered institutions, and establishing a clear licensing and regulatory framework for stablecoin activity and related digital financial services. AFC wrote a letter supporting the passage of the Senate bills, and called upon the Delaware House of Representatives to take up these bills and pass them expeditiously.
"Delaware has long been a leader in financial services, and has a history of embracing thoughtful regulation and responsible innovation. It has been such a pleasure collaborating with Senator Mantzavinos and the Delaware State Senate, and we urge the House to take up these bills next," said Phil Goldfeder, CEO of the American Fintech Council. "The Senate's passage of this new legal framework reflects the need to ensure policies evolve alongside dynamic and innovative industries. These bills can establish a clear, modern regulatory framework for Delaware that supports responsible innovation and strengthens consumer protection."
In its letter, AFC emphasized that financial services are evolving faster than the regulatory frameworks designed to govern them, making it necessary to modernize key definitions to reflect current market realities. The Delaware Banking Modernization Act responds to this shift by defining digital assets and incorporating them into existing property classifications, helping align the legal framework with how Delawareans are investing and managing wealth. AFC also supports the bill's changes to the rules governing state bank charter relocation, which help provide greater clarity and consistency for financial institutions and reinforce Delaware's openness to responsible financial services firms and their bank partners.
Additionally, AFC expressed support for the Delaware Payment Stablecoin Act's bespoke regulatory framework. The bill establishes clear "rules of the road" for stablecoin activity in the state, aligns Delaware's approach with existing federal efforts such as the GENIUS Act, and ensures that issuers not subject to federal oversight are covered under a state-administered licensing regime.
"Delaware is taking an important step toward aligning its financial framework with how the industry operates today," said Ashley Urisman, Director of State Government Affairs at the American Fintech Council. "As financial services continue to evolve, policymakers need to ensure the rules governing both traditional banking and emerging digital assets are clear, consistent, and built for how the market actually functions. These reforms help modernize oversight across the financial services system and give banks and market participants the clarity they need to operate and innovate with confidence."
A standards-based organization, the American Fintech Council (AFC) is the largest and most diverse trade association representing financial technology (fintech) companies and innovative banks. On behalf of over 150 member companies and partners, AFC promotes a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies
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Original text here: https://www.fintechcouncil.org/press-releases/american-fintech-council-afc-urges-the-delaware-state-house-of-representatives-to-pass-banking-modernization-and-digital-asset-legislation
[Category: Financial Services]
AICPA: Americans Are Building Their Emergency Savings, But Gaps Remain Across Age and Gender
NEW YORK, April 29 -- The American Institute of CPAs issued the following news release:
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Americans Are Building Their Emergency Savings, But Gaps Remain Across Age and Gender
A Financial Literacy Month survey conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA) shows that while a large number of Americans (78%) report that they do have money set aside in a savings/emergency fund to cover living expenses, savings by adults ages 45-54 and women is lagging.
"It's encouraging to see that Americans are prioritizing their savings as they also manage the rising costs
... Show Full Article
NEW YORK, April 29 -- The American Institute of CPAs issued the following news release:
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Americans Are Building Their Emergency Savings, But Gaps Remain Across Age and Gender
A Financial Literacy Month survey conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA) shows that while a large number of Americans (78%) report that they do have money set aside in a savings/emergency fund to cover living expenses, savings by adults ages 45-54 and women is lagging.
"It's encouraging to see that Americans are prioritizing their savings as they also manage the rising costsof many living expenses," says Cary Sinnett, senior manager, AICPA Personal Financial Planning. "The concern is that not everyone has been able to make that happen, which can leave them financially vulnerable."
More Short-Term Savings than Long-Term Reserves
CPAs who specialize in personal financial planning frequently advise clients to have at least six to eight months of living expenses set aside. This can serve as a financial cushion to help them handle smaller everyday disruptions like car repairs, medical bills and rising grocery costs to larger crises like job loss, a serious medical emergency or loss of a spouse or partner.
While 78% of Americans report having at least some money set aside to cover living expenses, the depth of those savings varies:
* 20% have less than three months' worth of living expenses saved
* 24% have three to six months saved
* 10% have seven to nine months saved
* 6% have 10 to 11 months saved
* 18% have a year or more saved
Older Americans are more likely to have longer-term reserves:
* 36% of adults over 65 have at least one year of living expenses saved
* 25% of adults between 55-64 have at least one year of living expenses saved
* Only 10% of adults between 18-54 have at least one year of living expenses saved
Women and Midlife Adults More Likely to Have No Savings
The survey data also reveals that 22% of Americans have no money set aside at all in a savings or emergency fund to cover living expenses, leaving them exposed to everyday financial disruptions.
* 25% of women say they have nothing set aside in savings or an emergency fund, compared with 17% of men.
* Adults ages 45-54 (30%) are significantly more likely to have no savings or emergency fund, than those ages 35-44 (22%) or those ages 55+ (16%).
Cost of Living and Lack of Savings Strain Budgets
Rising costs for essentials may be straining household finances, leaving many Americans with less margin for unexpected expenses or major decisions.
* 33% of Americans say food and groceries are their largest non housing monthly expense.
* Over half of Americans who delayed a major decision or expense in the past year (59%) say it was because of the cost of goods/services.
* Nearly half of Americans who delayed a major decision or expense in the past year (45%) say they did so because they lacked savings.
* That financial strain due to lack of savings is even more pronounced among younger adults, with
* 52% of those ages 18-34 who delayed a major decision or expense in the past year citing a lack of savings as the reason for delays (compared to 34% of those ages 55+).
"Financial insecurity shapes daily life and consumers certainly don't need a catastrophe to feel the consequences of not having savings," says Sinnett. "Even modest savings can help avoid tradeoffs that affect health, career and family."
Advice from CPAs
Make saving effortless with automation An easy way to build savings is to remove willpower from the equation and treat saving like paying yourself first. Set up automatic transfers from checking to savings, especially on payday, to build your savings steadily without having to think about it. When saving becomes a habit rather than a decision, progress happens almost unnoticed.
Give your savings a purpose Saving is easier when it's tied to something meaningful - whether that's an emergency fund, a future trip, or simply peace of mind. Breaking larger goals into smaller milestones helps you see progress faster and stay encouraged along the way.
Find savings wins in small spending shifts A quick review of your spending often reveals easy opportunities to save without sacrificing what you enjoy most. Redirecting even a few small expenses toward savings can build meaningful momentum over time.
Put your savings where it can work best for you Keeping short term savings in accessible, low risk accounts like high yield savings options allows your money to grow while staying available when you need it. This can give you confidence that your savings are both secure and purposeful.
Consumers can find helpful articles on topics such as budgeting, debt, filing taxes, teaching kids about money and more on the AICPA's Financial Literacy Resources web page.
Survey Method:
This survey was conducted online within the United States by The Harris Poll on behalf of AICPA from March 10 - 12, 2026 among 2,091 adults ages 18 and older. The sampling precision of Harris online polls is measured by using a Bayesian credible interval. For this study, the sample data is accurate to within +/- 2.7 percentage points using a 95% confidence level. For complete survey methodology, including weighting variables and subgroup sample sizes, please contact the AICPA.
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About the American Institute of CPAs
The American Institute of CPAs (AICPA) is the world's largest member association representing the CPA profession, with 397,000 members and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education, and consulting. A founding member of the Association of International Certified Professional Accountants, the AICPA sets ethical standards for the profession, attestation standards, and U.S. auditing standards for private companies, not-for-profit organizations, and federal, state, and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, partners across the profession to build future talent, and drives continuing education to advance the vitality, relevance, and quality of the profession.
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Original text here: https://www.aicpa-cima.com/news/article/americans-are-building-their-emergency-savings-but-gaps-remain-across-age-and-gender
[Category: Accounting]
