SAN FRANCISCO-Consumers are expressing increasing confidence in the economy, with the exception of people in four states and the District of Columbia. The latest analysis from the Money Anxiety Index found consumer financial anxiety in New York, Oklahoma, District of Columbia, Rhode Island and Delaware despite an improvement in the overall financial anxiety level nationally. The state of New York experienced the greatest worsening in consumer financial anxiety in the past 12 months-from 85.8 in April of 2011 to 94.2 in March of 2012, an increase of 8.4 index points. Oklahoma increased from 63.3 to 66.4-an increase of 3.1 index points, the company said.
Conversely, the top five states experiencing the greatest improvement in the level of consumer financial confidence are Michigan, which improved by 16.1 index points, Alabama with an improvement of 15.1, Tennessee with an improvement of 12.4, Utah with an improvement of 12.4 and South Carolina with an improvement of 11.6 index points in the last 12 monthss.
For info: www.moneyanxiety.com.
