26 Feb '15, 10am

Next consumer spending boom scheduled to arrive in 2026: report

Next consumer spending boom scheduled to arrive in 2026: report

Millennials on Road to Affluence: Mapping a Path to the Next Luxury Generation ” says that in approximately 10 years, the next consumer spending boom is scheduled due to the influx of millennial consumers who have traveled on the road to affluence. The consumers, who will be between the ages of 34-54 years old in 2015 to 2034, will replace baby boomers as the prime target for marketers working at both the high-end and low-end of the market.

Full article: http://www.luxurydaily.com/next-consumer-spending-boom-sc...

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