Sunday, January 18, 2009

Expenditure Patterns of Young Adults

A recent BLS report by Geoffrey Paulin, "Expenditure patterns of young single adults: two recent generations compared," indicates that there has been little change in welfare and spending patterns between the current generation and their parents.

Differences in spending patterns for young, never-married adults in 2004–05 and their counterparts in 1984–85 may reflect differences in demographics; however, whether the changes indicate an increase or decrease in economic status remains unclear

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