TITLE

Big Spenders Crave Innovation

AUTHOR(S)
Marks, Jennifer
PUB. DATE
May 2006
SOURCE
Home Textiles Today;5/1/2006, Vol. 27 Issue 28, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article cites that members of the Generation-X group have outpaced Boomers in luxury spending especially for the home. In 2005, luxury consumers of the Generation-X group spent 6.3 percent more in total on luxuries than their affluent Baby-Boomer counterparts. Their household incomes are also higher on average. Research about Boomers cite that they are becoming less interested in possessions and more attuned to health, experience and spirituality.
ACCESSION #
20679444

 

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