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Stock impact report

Why Gen Z is feeling so good about money right now [Business Insider]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
It's partly because Gen Zers have more job flexibility, and they're outpacing other generations in wage growth. Gen Zers are feeling pretty good about their financial situations right now. Older generations can't say the same While inflation slightly cooled year-over-year in May , it's still high, and with the Federal Reserve holding interest rates steady yet again on Wednesday, many consumers are feeling strained. But even with the range of financial stressors, a new survey from credit reporting firm TransUnion suggests some Americans are feeling optimistic about their own conditions over the next year. According to TransUnion's Consumer Pulse Study for the second quarter of 2024 — which surveyed 3,000 adults from April 29 to May 8 — 55% of consumers said they were optimistic about their finances over the next year, expecting to see wage increases. That was especially true for younger generations — over 60% of Gen Z and millennials said they were optimistic, compared to less Show less Read more
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