But some believe Millennial spending will shift soon, as they begin buying more big ticket items. According to the CEO of Smead Capital Management, the generation will trigger an economic “changeover point” as they shift their spending and buy houses and cars instead of “Apple devices, craft beer and Chipotle burritos.” Millennials were projected to outnumber Boomers as the largest living generation this year, and it’s true that their spending power is huge—but YPulse data shows that many could continue to delay those big ticket milestones. (CNBC)
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