An indicator of Americans’ financial security dipped in June, according to a new report.
The Country Financial Security Index, published by Country Financial, Bloomington, Illinois, fell to 65.1 points in June. That’s down 1.1 points from April, but up 1.4 points from the year-ago period.
The COUNTRY Financial Security Index is a bi-monthly measure of Americans’ sentiments respecting their financial security. The index aggregates factors comprising financial security, including savings and investments, financial planning, retirement, education and asset protection.
The survey notes that Americans’ confidence decreased in nearly all aspects of financial security this month, especially in long-term financial obligations. Among the report’s findings: