Millennials could be playing an essential part in keeping the U.S. out of a recession. Canaccord Genuity’s chief strategist Tony Dwyer thinks the demographic’s vigorous spending is what’s keeping the economy afloat. With the peak birth year of the generation (1990) soon turning 30, a significant number have become established in the workforce and are on the brink of setting up their own households. He also reports that while Millennials are riddled with debt, they’re still comfortable enough to spend, thanks in part to low unemployment rates. Thanks, Millennials! (CNBC)
Reports and Webinars are limited to the Region terms of your Pro and Prime subscription, as shown in “Purchased Regions”.
- To filter all content types to individual Region(s) you have purchased, apply your Region(s) under “Purchased Regions.”
Articles, Video Updates, and News across all Regions are open to all Pro and Prime subscribers.
- To see this content for any Region, use the “Content Filter”.
