A survey conducted in July 2022 in the United States, found that consumers from older generations were more likely to believe their financial situation had gotten worse, or would become worse in the coming year. 54 percent of Baby Boomers said their financial situation had worsened over the last 12 months, versus 45.9 percent of Gen Z respondents.
Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by generation
Characteristic
Expects financial situation to worsen over next 12 months
Financial situation worsened over last 12 months
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PYMNTS. (July 28, 2022). Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by generation [Graph]. In Statista. Retrieved September 18, 2024, from https://www.statista.com/statistics/1351304/consumers-worsening-financial-conditions-us-generation/
PYMNTS. "Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by generation." Chart. July 28, 2022. Statista. Accessed September 18, 2024. https://www.statista.com/statistics/1351304/consumers-worsening-financial-conditions-us-generation/
PYMNTS. (2022). Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by generation. Statista. Statista Inc.. Accessed: September 18, 2024. https://www.statista.com/statistics/1351304/consumers-worsening-financial-conditions-us-generation/
PYMNTS. "Share of Consumers Who Believe Their Financial Situations Have Worsened or Will Worsen in The United States in 2022, by Generation." Statista, Statista Inc., 28 Jul 2022, https://www.statista.com/statistics/1351304/consumers-worsening-financial-conditions-us-generation/
PYMNTS, Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by generation Statista, https://www.statista.com/statistics/1351304/consumers-worsening-financial-conditions-us-generation/ (last visited September 18, 2024)
Share of consumers who believe their financial situations have worsened or will worsen in the United States in 2022, by generation [Graph], PYMNTS, July 28, 2022. [Online]. Available: https://www.statista.com/statistics/1351304/consumers-worsening-financial-conditions-us-generation/
