The University of Michigan's consumer sentiment index is up 40% over last year, aided by moderating inflation and job market strength.
People in that age group have less time left to earn or save money for retirement and have had more time to accrue debt.
It all depends on the questions pollsters ask. "How are you doing?" will elicit a different answer than "How do you feel about inflation?"
Zanny Minton Beddoes, editor-in-chief of The Economist, explains why the U.S. economy may be stronger than it looks.
In the laid-back beach town of Santa Cruz, a local retailer adds wildfires and epic rain storms to the list of things to plan for.
Consumers haven't seen much reason to hold back.
Reports on inflation, consumer confidence and jobs will be consequential. We asked economists to point out the most important items.
The mood worsened for the third straight month, but many Americans have financial cushions.
Retail sales rose in June, yet inflation is still a factor in how and where people are willing to spend.