America’s Demographics

Demographics are a big piece of forward-looking analysis – and we are living in times of significant demographic shifts. An aging society, a fall in working age population, a drop in fertility rates, and a diversifying population are just a handful of examples. This recent article provides a great interactive visual via Visual Capitalist that captures one hundred years of demographic change in America.

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A Future Shaped By Generational Differences

Overall, in 2021, Gen X (anyone born from 1965 to 1980) spent the most money of any U.S. generation, with an average annual expenditure of $83,357

Preethi Lodha – How Americans Spend Their Money, By Generation
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The Changing Human Life Cycle

Given the recent focus on demographics, I went back to review a book in my library titled “The Great Demographic Reversal.” In a post that reviewed the book, I mentioned that the authors state several times that their findings are controversial and counter to the views of mainstream economists. By way of review, the authors concluded that the future is one of:

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