Healthcare Costs Push Consumer Confidence Down 9 Points
Healthcare costs are squeezing consumer confidence from both ends of the age spectrum. Baby boomers and seniors in the United States face steep routine bills, while Generation Z reports increases in out-of-pocket expenses, according to the PYMNTS Intelligence report “ Generations Under Pressure: How Younger Consumers Are Coping With Higher Living Costs .” The report, based on a survey of 2,747 U.S. adults, found that 51% of consumers struggled to manage daily living expenses, virtually unchanged