Editor’s note: This is a transcript of the audio file.

Older Americans say they’re less confident about their finances and overall financial security. I’m Kristin Arnold with your Bankrate.com Personal Finance Minute.

Lately, there’s been some positive news about the economy, but as Bankrate.com’s senior financial analyst Greg McBride explains, consumer’s feelings are not reflecting the news.

“Despite the better economic news, only half of Americans are confident that economic recovery will continue throughout 2012. More than 1-in-5, 22%, say they’re not at all confident about the recovery continuing and that could become a self-fulfilling prophecy if those same consumers remain hesitant to spend .”

Feelings of job security have improved, but what other trends are you seeing?

Consumers that note an improving financial situation are most likely to be those under age 50. Have a college education or have household income of at least $75,000 a year.

To find out who feels less confident and why, you can read the March Financial Security Index at Bankrate.com. I’m Kristin Arnold.