Dana Peterson, Chief Economist at the Council: Consumer confidence is growing in all age groups, but consumers aged 55 and over are growing the fastest. Similarly, confidence improved for all income groups except the highest earners; only households with an annual income of $125,000 or more experienced a slight decline in confidence.

Zhitongcaijing · 01/30/2024 15:09
Dana Peterson, Chief Economist at the Council: Consumer confidence is growing in all age groups, but consumers aged 55 and over are growing the fastest. Similarly, confidence improved for all income groups except the highest earners; only households with an annual income of $125,000 or more experienced a slight decline in confidence.