Another dip in the Country Financial Security Index as consumer confidence continues a roller coaster ride. Troy Frerichs with the Bloomington-based company says the 'Y' generation is really caught in the squeeze of an uncertain economic future. He says dealing with college debt as fast as possible can help ease the stress:
Frerichs says nationwide more Americans are focusing on cutting debt, but he says the result of that is less consumer spending, which contributes to a lethargic economic recovery. The October Country Financial Security Index is 65.2, down from 65.9 in August, but up a percentage point from June.
Support Your Public Radio Station
