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> -----Original Message-----
> From: bondo92677 [mailto:bruce.larson@xxxxxxxxxxxxx]
> Sent: Wednesday, December 26, 2001 6:54 PM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: [RT] Re: S&P Long Term - bull/bear?
>
>
> I used to always think the boomers ruled. It worked in assessing the
> demand led wage spiral 70s, homebuying 80s and investment boom 90s.
> But lately I've realized that Generation Y (those born between 77-95)
> far outstrip the boomers in sheer number and will make up a third of
> the US population by 2020. These teenagers will be soon be entering
> the workforce and will be huge consumers. Could be the mid 60s all
> over again.
>
Perhaps they Y-Gen will rush in like the cavalry and save the economy.
However, I think the population statistics don't support the statement
that "Generation Y (those born between 77-95) far outstrip the boomers
in sheer number". See the attached two graphics courtesy of the US
Census Bureau. The first, is a "population pyramid" as of Y2000, and the
second is a projection for Y2025.
URL: http://www.census.gov/population/www/projections/natchart.html
In the Year 2000, people born between 1977 and 1995 would be aged
between 5 and 23 years of age. But if we look at the 5-24 brackets
compared to the 30-49 cohort, we see that their numbers are
small in comparison. And if we look the 30-49 age group 25 years out,
in 2025, we see very little discernable "bulge", and certainly nothing
like the effect of the Baby Boomers today.
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