With Christmas almost on the horizon, many people are busy shopping for the holidays. According to the National Christmas Tree Association (NCTA), Millennials seem to be the leading group when it comes to buying Christmas trees. Growing demand for Christmas trees A survey conducted by the NCTA through Nielsen/Harris research found that there was a ...
Christmas isn’t such a big occasion in China. The state represses Christianity, which ends up dampening the festivities associated with it as well. However, the younger Chinese population seems to be more involved in celebrating Christmas as they largely see it as a time to spend some money. Chinese Millennial shopping is growing in China. ...
The Financial crisis of 2007-2009 was one of the most financially destabilizing periods of this century. People belonging to the Gen X generation were the worst hit by the economic crisis since they were new to the housing market and bought homes at high prices with huge debts. However, they are also the only generation to have ...
The Social Security program is built on the foundation of future generations paying for the retirement of older generations. The baby boomer generation started retiring around 2011 and Millennials are expected to pay the money that will essentially be used to fund the retired community’s monthly expenses. Some say that it is the duty of ...
In a recent note to clients, financial services firm Raymond James accused the Millennial generation of being responsible for slowing economic growth. Younger people are apparently saving more money rather than spending, which ends up negatively affecting the performance of the economy. People born between 1981 and 1997 are usually considered Millennials. Higher savings “The ...
Millennials desperate to digitally disconnect are being hindered by the fear of missing out (FoMo), social influences, and the increasing digitalization of tourism services, new research reveals. The study, which was carried out by the University of Greenwich, the University of East Anglia (UEA), and the University of Westminster, looked at Millennials’ attitudes to digital ...
Economic experts are predicting that a global recession is due in the coming years. The last time a recession hit was in 2008 when the foreclosure crisis wiped out billions of dollars from markets, forcing many to even end their lives. When the next recession hits, one of the most vulnerable groups that may be ...
Various industries are on the brink of extinction due to millennials, many believe. But this idea is far from the truth. Are millennials killing beloved industries? Whenever the discussion touches on millennial behavior, many people would say that they are narcissistic, bratty, a generation glued to gadgets and other preconceptions. Some businesses even believe that ...
In May, a couple of Millennial Facebook users created a group where members of their generation could pose as baby boomers and post content that pokes fun at them. The group now has over 200,000 members and is making quite a noise on social media, with some accusing it of being condescending to the earlier ...
It’s mean, it’s dry, and it’s full of thorns. Say hello to the new obsession of Millennials — cacti. These desert plants are rocking in their pots to make millennial homes feel nicer. Or, edgy. Dry and prickly enough to stay evergreen (cacti) Back in the ’70s, cacti were a prized gift you would receive ...
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