Average U.S. tax refund rises to $3,700, Eric Daugherty notes

Average U.S. tax refund rises to $3,700, Eric Daugherty notes
U.S. tax refunds up over 10 percent

Tax refunds for Americans are surging by more than 10 percent year over year, according to Eric Daugherty. The average refund is reported at nearly $3,700, a notable increase under President Trump. Daugherty points to local news coverage and suggests that financial experts are surprised by the scale of the change.

Daugherty has recently tracked other major financial developments. He reported that Japan finalized $56 billion in energy deals with U.S. suppliers in agreements reached in Tokyo. He also covered the announcement of a Mercedes Benz $4 billion investment in its Alabama factory to address U.S. tariff exposure.

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