MassMutual Consumer Spending & Saving Index: Ukraine conflict threatens Americans’ confidence in economic recovery, adds to inflationary concerns

SPRINGFIELD, Mass., March 14, 2022–The ongoing conflict in Ukraine is causing Americans to readjust their financial habits and mute their optimism about their financial future, according to new research from Massachusetts Mutual Life Insurance Company (MassMutual). This, combined with inflationary pressure, has the potential to dent the resurgence of the U.S. economy.