MassMutual Consumer Spending & Saving Index: American Families are Financially Stretched yet Optimistic
Retrieved on:
Tuesday, April 9, 2024
Despite persistent economic headwinds, Americans are largely more confident about their financial futures than they were last quarter, according to the latest Consumer Spending & Saving Index from MassMutual .
Key Points:
- Despite persistent economic headwinds, Americans are largely more confident about their financial futures than they were last quarter, according to the latest Consumer Spending & Saving Index from MassMutual .
- Far fewer Americans believe we are headed for a recession than a year ago (37% Q1 2024 vs. 52% Q1 2023).
- The MassMutual Consumer Spending & Saving Index tracks financial outlooks and behaviors in a changing economic environment.
- Research was also conducted with an additional sample of 500 adult Massachusetts residents from February 8 to 26, 2024.