Attention Economy


Tuesday, January 9, 2024

Will Baby Boomers Keep Spending?

Can Retirees Keep Splurging? Don’t Count on It
https://www.wsj.com/economy/consumers/can-retirees-keep-splurging-dont-count-on-it-a5bee911
Older Americans’ spending has been helped by a healthy increase in Social Security incomes, but this year’s boost will be much smaller. 

The U.S. Economy’s Secret Weapon: Seniors with Money to Spend
https://www.wsj.com/economy/consumers/us-economy-seniors-spending-money-d9f529c5
Americans 65 and older account for record share of spending and are less susceptible to interest rates