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NEW YORK Even as positive news about the economy begins to trickle in, Americans remain cautious about their spending, according to new research from the Principal Financial Group. The financial services company’s Principal Financial Well-Being Index, conducted by Harris Interactive, found that 94 percent of Americans said their overall spending is the same or less than last quarter.
The index, which polled 1,147 currently employed workers and 558 retirees, found that 44 percent of respondents are concerned about being able to afford basic necessities.
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