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Rises incrementally following a rocky January |
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Following one of the most economically unstable months in many years, the Affluent Household Outlook rose very slightly (6.4), maybe not signaling less anxiety, but rather a “wait and see” attitude. Fueling the overall upswing was a 17.2 rise for the economic measure, though the Household Income measure fell 4.
Though it rose, the sentiment is still at it’s second lowest point historically. Affluent and Millionaire households, like all of America, are still anxious and feeling the pinch from a “stagflation” type of economic environment.
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