MIB Group Inc. says young U.S. consumers may have shopped a little more for August than in August 2016.
The Braintree, Massachusetts based data collection group says U.S. individual life insurance application activity for consumers under age 45 increased 0.2%, year over year.
That’s the first increase MIB has reported for the 0-44 age group since April.
The overall life activity level was 1.5% lower, year-over-year. But the year-over-year decrease was down from 2.6% in July, and it was the smallest year-over-year decrease reported since April.
Activity fell 2.6% for consumers ages 60 and older. Those consumers are members of the baby boom generation or earlier generations.