Why older Americans' wealth may be helping keep consumer spending strong
Source:
cnbc
October 12, 2026 · 10:23
From the publisher
Boomers report more financial confidence as Federal Reserve and JPMorgan data show older households hold more wealth and draw more from investments.
About the source
CNBC
The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…
Wikidata Q1023912
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