The University of Michigan Consumer Sentiment Index increased 6.6% in January compared to the month prior, landing at 56.4, according to final results for the month. Sentiment was down 21.3% year over year. The current conditions index rose 9.9% from the month prior to 55.4. The index of consumer expectations rose 4.4% from the month prior to land at 57.
Survey finds older generations worried about kids’ financial literacy
Most parents and grandparents believe today’s children are less prepared to manage money as adults than they were at the same age, according to a new survey by Wealth Enhancement. The survey also polled adults on their feelings...









