Metro Market: St. Louis

After increasing in April, St. Louis residents have grown more uneasy about their money matters in June. The local COUNTRY Financial Security Index^® decreased 1.6 points to 64.9 this month, driven by increased pessimism in virtually all aspects comprising residents’ overall financial security. The local decline in confidence is on par with American nationally, as the national COUNTRY Index remained stable in June, dipping 0.1 points to 64.8.

Polling of St. Louis residents also revealed:

Thirty-six percent currently rate their overall level of financial security as excellent or good, down five points from April.
Just 46 percent were able to set aside money for savings or investments in June, a six-point drop from April.
Those confident they will be able to enjoy a comfortable retirement fell five points to 53 percent.
Fifty-eight percent say they are confident they will have the resources to send their children to college, a four-point decrease from April.

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