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文檔簡介
2022US
Consumertrends
report
2
From
the
CEO
JeremyKing
Attest
W
hetheryouwanttofindinspirationforyournextmarketingcampaign,understandhowtobetterreachyourtargetconsumers,orgetasteeronNPDfor2022,ourconsumertrendsreporthastheinsightsyouneed.
Lastyear’sconsumertrendsreport
wascarriedoutinSeptember2020,beforethestartoftheCOVID-19vaccinationprogrammeandcenteredaroundpandemicbehaviour.Thistimearound,welookathowAmericans*arefeelingnowthat59%ofthepopulationarefullyvaccinatedandCOVIDrestrictionshavebeenliftedinmanystates.
TheshiftintheUS’ssituationhashadaninterestingimpactonthemessagingconsumerswanttohearfrombrands,yetpeoplearebynomeansfeelingcertainaboutthefuture.Therearemultipleissuesinfluencingconsumeroutlook,liketheeconomy,coronavirusandclimatechange.
WeseeothernotabledevelopmentswhenitcomestotheissuesAmericansmostwantbrandstotakeastandon,andwherethey’regoingtointeractwithbrands(helloTikTok!).
Andwegetevidencethatourshopping
andworkinghabitshavebeenpermanently
changedbythepandemic(youcandig
intothedatayourselvesinour
interactive
dashboard
).
Intermsofopportunities,weexplorewhere
differentdemographicsareplanningto
spendtheirmoney,whatthey’redoingwith
leisuretime,andtheshapeoftheirlives
asweheadinto2022.Finally,weknowit’s
notallabouttheUS,sowe’vethrownin
acasestudywithunicornbuy-now-pay-
laterbrandKlarnalookingathowthey’ve
masteredglobalexpansionbygettingan
understandingofconsumersinnewmarkets.
Ifyouhaveanycomments,questionsor
ideasafterreadingour2022USconsumer
trendsreport,pleasedosharethemwithus:
hello@
.
*surveyof2,000working-ageUSconsumers
carriedoutinNovember2021
3
Contents
01
The2022consumer
-whattoday’s
consumerlookslike
04
Shopping&spend-
ingtrends-where
andhowpeople
arespendingtheir
money
07
Howtomaster
globalexpansion
likeKlarna
02
Sentimenttrends
-howthenationis
feeling
05
Lifestyletrends-
howtheshapeof
societyischanging
03
Marketingtrends
-howconsumers
wanttohearfrom
brands
06
Mediaconsumption
trends-whatpeople
arewatching,
listeningtoand
reading
The2022consumer
37%favoronline
shoppingfornon-
foodproducts
19%gotanew
petduringthe
pandemicbutonly
7%arehaving/
recentlyhada
baby
47%aretryingto
improvetheirfitness
36%wantbrandsto
takeactiononpoverty
30.5%aresaving
upforaholiday
65%oftheworking
populationWFHat
leastonedayaweek
57%wanttohearhumorousmessagingfrombrands
WeusedourUStrends
datatovisualizewhat’s
topofmindforthe2022
consumer...
02
Sentimenttrends
6
Coronavirusisstillahottopic
Whilewemightbeinrecoverynow,coronavirus,asitturnsout,isstillthenumberonetopicofconversationamongAmericans.Togetasteeronpublicsentimentingeneral,weaskedpeopletotellusaboutthetopicsthey’recurrentlytalkingaboutwiththeirfriends,andCOVID-19isstillthesubjectoneverybody’slips.
Politicsalsofeaturedstrongly,withpeople
discussingrisinggasprices,inflation,and
thejobmarket.Besidethenewsagenda,
lotsofpeoplearesharingtheirplansforthe
holidays.And,ofcourse,sportisalwaysa
commontalkingpointforAmericans!
Americansare
cautiouslyoptimistic
Overall,themoodofthenationiscautiouslyoptimistic.Peoplearemostlikelytodescribethemselvesasfeeling‘somewhatpositive’atthemoment(37%),althoughthesecondlargestpercentage(29%)saythey’refeeling‘verypositive’.Afurther20%feelambivalent(feelingneitherpositivenornegative)andonly14%feelnegatively.
However,there’sonedemographicthat’sfeelingmorepositivethantherest-over36%ofMillennials(aged26-40)saytheyfeel‘verypositive’atthemoment,andwe’llseelaterhowthishasanimpactonhowthey’respending.GenZ(aged18-25)arealsomoreoptimisticthantheiroldercounterparts;32%feelverypositiveversus24.5%ofGenX(aged41-55)and22%ofBoomers(aged56-66).
20%Neither
positiveornegative
3%Verynegative
Howpositiveare
youfeelingatthe
moment?
29%Verypositive
37%Somewhat
positive
10.5%Somewhat
negative
7
2nd
3rd
47%
makethemfeel
motivated
Wantbrandsto
Wantbrandsto
beeducational,
thought-
provokingand
reasurring
It’sworthnotingthatMillennialsover-indexforbothmotivationalandeducationalmessaging,whilereassuringmessagingespeciallyresonateswithGenXrespondents(39%).Inclusivemessaging-messagingthatmakespeoplefeelseenandincluded-isleastpopularoverall(28%),althoughGenZvaluethisfrombrandsmost(23%).
Brandmessaging
shouldraiseasmile
That’snottosaythatmotivationalmessagingisdeadinthewater,farfromit.Insecondplaceisbrandmessagesthatmakepeoplefeelmotivated,with47%ofthevote.Educational,thought-provokingandreassuringmessagingallmoreorlesstieforthirdplace.
Withfolksfeelingmorepositive
aboutthefuture,whatkindof
messagesdotheywanttohearfrom
brandsrightnow?Whenweasked
respondentstochoosetheirtop
threetypesofmessaging,57%said
theywantedbrandstomakethem
laughandentertainthem-theoldest
demographicespecially(66%).
57%
Wantbrandstomakethemlaughandentertainthem
What’sinterestingisthatwhenweasked
39%
ofGenXappreciate
reassuringbrand
messaging
peoplelastyearhowtheywantedbrandsto
makethemfeel,onlyatiny4%said‘amused’.
Thedataisnotdirectlycomparablebut
westillseeabigshiftinpriorities;then,
Americansmostwantedbrandstomake
themfeelinspiredandmotivated,butnow
theworldisstabilising,they’reseekingout
entertainmentagain.
8
Whichtypesofbrandmessagesappealtoyoumostatthemoment?
57%
Humorous
makemelaughandentertainme
9
47%
37%
Motivational
makemefeelmotivatedandinspired
34.5%
Educational
educatemeandhelpmelearnnewthings
34%
Thought-provoking
makemethink/challengeme
34%
Reassuring
makemefeelsafeandgoodaboutmy-self
18%
Inclusive
make
mefeel
seenand
included
Brandsneedtotakea
standonpoverty
Therehavebeenaraftofbigissueshittingtheheadlinesoverthelast12months,butwithsomanyworthycausesit’shardforbrandstoknowwhichonestogetbehind.WhenweaskedAmericanstochoosethetopthreeissuestheywantbrandstotakeastandon,thewinnerwaspovertyandinequality.Justover36%saidthiswassomethingbrandsshouldbetakingactionon,nodoubtreflectingthestrugglelotsofpeopleareexperiencingwithrisingprices.
Racismcamesecond,butonlybyafewfractionsofapercentagepoint.YoungerAmericansfeelmorestronglyaboutthisissuethanolderones;46%ofGenZwantbrandstotackleracismversus30%ofBoomers.
Climatechangeisthethirdbiggestissueconsumers
10
wantbrandstorepresent(31%),whilewomen’srights(24%)andanimalwelfare/wildlifeconservation(23%)areinfourthandfifthplace,respectively.Wecanseethatpeople’sprioritiesseemtohaveshiftedsincelastyear’sreport,whenanimalwelfarewasnamedasthetopicpeopleweremostinterestedin(althoughthedataisnotdirectlycomparable).
What’salsointerestingisthatnearlyaquarterofAmericans(24%)statetheydon’twantbrandstotakeastanceonpoliticalissuesatall.Thissuggeststhatbrandsare
Thetopicsthatpeopleareleastinterestedinbrandsrepresentingareageism(7%)andLBGTQ+rights(14%).Withmanybrandschampioningsexualinclusivity,thismighthighlightaslightmisstepbetweenwhatpeoplereallyfeeltheyshouldbeshoutingabout,althoughyoungerpeopleshowmuchhigherinterestinLBGTQ+rightsthantheiroldercounterparts(27%ofGenZselectitasatopissueversus6%ofBoomers).
betteroffnotadoptingcausesiftheyonlyintendtomaketokenisticeffortstorepresent
them-it’svitalto
beauthentically
purpose-driven.
7%
Ageism
14%
LBGTQ+
rights
31%
ClimateChange
23%
Animalwelfare/wildlifeconservation
24%
Idon’twantbrandstobepolitical
24%
Women’s
rights
22%
Disabilityrights
Whichofthefollowingissues,ifany,doyoumostwantbrandstotakeastandon?
36%36%
PovertyandRacism
inequality
03
Marketingtrends
GenZhavethelowest
receptivenesstoemail
USconsumershaveperhapsreceivedmorecommunicationsfrombrandsduringthepandemicthantheynormallywould-sohasthisaffectedtheirreceptivity?Comparinglastyear’sresultstothisyear,wecanseethatthere’sactuallybeenanincreaseinthepercentageofpeoplehappytoreceiveemailmarketingonadailybasis(17%versus14%in2020).Buttheoveralltrendisslight-lydown;62%arehappytohearfrombrandsatleastonceaweek,comparedwith65%in
2020.
Millennialshavethemosttoleranceforfrequentlyhearingfrombrandsbyemail,over-indexingfor‘daily’and‘severaltimesaweek’,whileBoomershavetheleast.However,lookingatreceptivitytoemailoverall,GenZareleastlikelytowelcomethisformofcommunication;53%arehappytoreceiveemailmarketingatleastonceaweekversus66.5%ofMillennials,63%ofGenXand58%ofBoomers.GenZarealsothedemographicmostlikelytonotwanttohearfrombrandsintheirinboxatall(18%).
Howoftenareyouhappytoreceiveemail
marketingfrombrandsyou’reinterestedin?
17%
Daily
Daily
19%
Severaltimesaweek
26%
Onceaweek
10%
Onceafortnight
11%
Onceamonth
7%
Lessfrequentlythanonceamonth
13%
Notatall
43%
38%
29%
21%
2020
2021
Brandinteractionon
socialmediaisup
15%
Somegoodnewsformarketersisthat
morepeopleareinteractingwithbrands
onsocialmediathanin2020.The
percentageofAmericanswhosaythey
don’tinteractwithorfollowbrandshas
25%
decreasedfrom23%to17%.However,
thegrowthcanonlybeseenonone
platform...
Youguessedit,it’sTikTok;brandinteractiononthe
platformhasrisenfrom15%to25%.Thisisdriven
byGenZ,45%ofwhomsaythey’reconnectingwith
brandsontheplatform.Facebookremainsthemostpopularplatformforinteractingwithbrandsoverall(60%)butitdoesn’tchalkupnotablegrowth.
Meanwhile,Instagramseesadecreaseinpeopleusingittointeractwithbrands,decliningfrom43%to38%,andTwitteralsotakesahit,droppingfrom29%to21%.ThisdatasuggeststhatTikTokisnowabetterplatformforbrandsthanTwitter,aswellasSnapchat(20%)andPinterest(19%),bothofwhichremainstaticintermsofgrowth.
Thisyear,wealsoincludedvideoplatformsinthesurvey,anddiscoveredthat48%ofAmericansinteractwithorfollowbrandsonYouTube,makingitthesecondbestplatformforbrandsbehindFacebook.Meanwhile,aburgeoning8%followbrandsonrelativenewcomerTwitch(mostlyGenZ).
Intermsofwhichplatformsthedifferentdemographicgroupsfavorforinteractingwithbrands,GenZisalloverInsta(62%)andYouTube(57%),MillennialsloveFacebook(69%)andYouTube(55%),whileGenXandBoomersshowastrongpreferenceforFacebook(66%and55%respectively).
14
2020
2021
2020
2021
15
Twitch
60%
8%
17%
Onwhichofthefollowingplatforms,ifany,doyouinteractwith/followbrands
you’reinterestedin?
Idon’tinteract
with/followbrands
onsocialmedia
19%
Snapchat
20%
21%
48%
25%
Youtube
38%
TikTok
04
Shopping
&spending
trends
It’sbadnewsfor
themainstreet
Ecommercehasbenefitedenormouslyfromthepandemicbutistheonline/offlinesplitreturningtonormalnowphysicalstoresarebackopenagain?OurdataindicatesthatAmericansstillfavoronlineshopping;37%saythey‘mostly’or‘always’shoponlineforproductsexcludingfood,while30%splittheirshoppingbetweenonlineandoffline.Afurther32%shop‘mostly’or‘always’in-store,showingthatthescalesarestillweightedintheinternet’sfavor.
Millennialsarethedemographicmostlikelytofavoronlineshoppingoverall;45%alwaysormostlyshoponline.Thiscomparesto40%ofGenZ,36%ofGenXand24.5%ofBoomers.Boomersaretheonlydemographictofavorshopping
in-store;49%saytheyshopmostlyoralwaysin-storefornon-foodproducts.
Whichofthefollowing
bestdescribeswhere
you’rebuyingthingsatthe
moment(excludingyour
regularfoodshop)?
11%
Always
online
17
26%
Mostly
online
30%
Anevensplitbetweenonlineandin-store
31%
23%
Mostly
in-store
9%
Always
in-store
Whichofthefollowingbestdescribeshowyou/yourhouseholdshopsforfoodatthemoment?
19%anevensplitbetweenonline
Supermarketsarestill
topsforfood
WhileAmericansmightprefertoordernon-foodproductsonline,whenitcomestogroceries,they’restillmorelikelytodoittheoldfashionedway.Only21%shopforgroceries‘mostly’or‘always’onlineversus60%whoshop‘mostly’or‘always’in-store.Afurther19%splittheirfoodshoppingbetweenonlineandoffline.
Boomersarethemostweddedtothesupermarket,with81%alwaysormostlyshopping
there(only9%favoronlineshopping),andGenXalsoshowastrongpreferenceforit(60.5%choosein-storeversus19.5%whochooseonline).
MostlikelytoshopforfoodonlinearetheMillennials;29%favorit.However,agreater48%optforin-storeshopping.Meanwhile,20%oftheyoungestdemographic,GenZ,choosetobuygroceriesonlineand56%prefertogotothesupermarket.GenZarethedemographicmostlikelytosaytheysplittheirfoodshoppingbetweenonlineandoffline(23%).
32.5%
always
in-store
27.5%
mostlyin-store
7%always
online
13%mostlyonline
18
Peoplearewatching
thepennies
10%Veryfreely
17%Fairlyfreely
Inlinewiththeconcernspeople
haveabouttheeconomy,it’s
nosurprisethatconsumersare
watchingtheirpennies.Americans
aremostlikelytosaythey’re
spending‘fairlycautiously’at
themoment(32%),while16%are
spending‘verycautiously’-that’s
atotalof49%whoarespending
cautiouslytosomedegree.
Thesecondlargestpercentage(25%)
arespendingaveragely(neitherfreelyor
cautiously),while26.5%describethemselves
asspendingfreely,includingalucky10%who
arespending‘veryfreely’.
25%Neither
freelyorcautiously
Butfrugalnessdoesn’tapplytoeveryone;
thereisamarkeddifferencebetween
howyoungerpeopleandolderpeopleare
spending.Millennials,inparticular,are
significantlymorelikelytobespendingfreely.
Justunder16%saythey’respending‘very
freely’(versus1%ofBoomers)and21%are
spending‘freely’(versus13%ofBoomers).
Ontheotherhand,theolderyouare,themore
likelyyouaretobespendingcautiouslyat
themoment;66.5%ofBoomerssaythey’re
spendingcautiously,versus54.5%ofGenX,
38%ofMillennialsand38%ofGenZ.
32%Fairlycautiously
16%Verycautiously
Whichofthefollowing
bestdescribeshow
you’respendingmoney
atthemoment?
19
7%
5%
8%
Millennialssavethemostmoney
IfAmericansarespendingcautiously,doesthatmeanthey’resavingtheirmoney?Bythelooksofit,weareputtingcashasideforarainyday,withthevastmajorityofpeople(90%)sayingtheysavemoneyeachmonth.Thesinglelargestpercentageofpeople(14%)savebetween$76to$100permonth,whileafurther7%savebetween$51to$75,12%putaside$26to$50,and8%savelessthan$25.That’satotalof42%whosaveupto$100eachmonth.
However,thereare36%ofpeoplewhosaytheysaveinexcessof$100permonth,including13%whosavemorethan$250.Millennialsover-indexforsavingmorethan$250amonth(15%)andare
thedemographicmostlikelytobesavinghigheramountsoverall.41%ofMillennialssavemorethan$100everymonth,versusathirdofGenZandGenXand30.5%ofBoomers.
Meanwhile,Boomersarethegroupmostlikelytonotsaveatall;14%versus8%ofGenX,7%ofMillennialsand12%ofGenZ.Soitappearsthateventhoughyoungerpeoplearespendingmorefreelythantheiroldercounterparts,they’realsosavingmore.
Andwhilewedidn’taskthisquestioninlastyear’strendsreport,wedohavedatafromOctober2019,when22%ofAmericanssaidtheyhadnosavings.Today,only10%saytheydon’ttrytosavemoneyeachmonth.Thiscouldindicatethatpeoplearemorelikelytobeputtingmoneyasidepost-COVID.
10%None
Lessthan$25
12%Between$26-50
7%Between$51-75
14%
Between$76-100
Howmuchmoneydoyou
activelyaim
tosaveeach
10%
Between$101-150
Between$151-200
Between$201-200
13%
20
Morethan$250
12%Variableamountseachmonth
Americansarehankeringforavacation
Intermsofbigticketitems,24%ofpeoplearesavingforanewvehicleand10%foramortgagedeposit.Again,it’stheMillennialswholeadthewayhere,withasignificant30%planningtobuyanewvehicleand16%savingforahome.
Millennialshavemadeup
thelargestshareofhomepurchasemortgage
applicationsforthelastfiveyears
andourdatashowsthisdemographicwillcontinuethetrendin2022.LeastlikelytobeinthemarketforanewvehicleorhomearetheBoomers;15%and5%aresavingforthem,respectively.
Reflectiveofthelifestagethey’reat,it’salsoMillennials(aged26-40)whoaremostlikelytobesavingforawedding(11%)orbabyequipment(9%).They’realsomostlikelytobesavingforanewbusinessventure(12%),acelebrationorparty(12%)andcosmeticsurgery/dentistry(8%).
Ahouse?Acar?Justwhatis
itthatAmericansaresaving
forrightnow?Accordingto
oursurvey,whichwasrunin
November2021,it’sChristmas.
Morethanathirdofpeople(38%)
weresavingupfortheholidays.
Behindthis,it’savacationortrip
(30.5%),indicatingthatabounce-
backforthetravelandtourism
industryisonthecards.Boomers,
especially,havetheirheartsset
onavacation(36%).
Anothersectorthatlookssettobenefit
ishomeimprovements;22%ofAmericans
aresavinguptomakeupdatestotheir
homes.Thisseesthecontinuationofthe
DIYtrendsparkedby2020’sstayathome
orders.Inlastyear’sreport,morethanhalf
ofAmericans(54%)agreedtheyweremore
likelytospendmoneyonitemsfortheir
homes/homeimprovementsthantheywere
beforethepandemic.Thisyear,weseeit’s
Millennialswhoaremostfocusedonhome
improvements(27%areplanningthem).
21
Areyousavingmoneyforanyofthefollowingthingsatthemoment?
38%Christmas30.5%Vacationortrip24%Newvehicle
12%22%Homeimprovements
10%Mortgagedeposit
8%Celebration/party
8%Newbusinessventure
6%Wedding
6%Babyequipment
6%Cosmeticsurgery/dentistry
10%Other
8%None
Shoppingisthemost
popularpastime
Butthere’ssomegoodnewsfortheretailindustry-theactivitythatAmericansaremostlikelytobedoingfrequentlyatthemomentisshopping;ahuge60%ofrespondentssaytheygoshoppingweeklyordaily.Incomparison,only29%aredoingasportingactivitywiththisfrequency,and22%aregoingtoagroup,cluborclass.
Localtourismappearstoberecovering,with67%ofpeoplegoingforadayouteithermonthlyormorefrequently.GenZ,especially,aregettingoutandaboutvisitingplaces;79%arehavingadayoutatleastonceamonth.
Clubbingistheleastpopularactivityoverall(78%rarelyornevergotoanightclub),althoughwewouldexpectthisgiventhatit’spredominantlyanactivityforyoungpeople.However,evenwhenwelookattheactivitiesbydemographic,wesee67%ofGenZare-forthemostpart-avoidingtheclubscene.
Oursociallivestookahitduring
thepandemicand,althoughalarge
percentageofthepopulationisnow
vaccinated,noteveryonefeelsready
topickupwheretheyleftoff.Nearlya
quarterofAmericans(24%)saytheyare
socializingwithfriendslessfrequently
thanonceamonthornotatall,and
afurther13%areonlyseeingfriends
aboutonceamonth.Thetwoolder
demographicsaremorelikelytobe
avoidingsocialcontactthantheyounger
ones;31%ofbothBoomersandGenZare
seeingfriendslessthanonceamonth
versus20.5%ofMillennialsand12%of
GenZ.
Wealsoseethatgoingoutforadrinkhasbecome
quiteanunpopularpastime;61%saythey’regoing
lessfrequentlythanmonthlyornotatall.Thisis
especiallytrueforBoomers,76%ofwhomrarelyvisit
abar.However,even53%ofGenZareshunning
barsrightnow.
Ontheplusside,businesslookstobestrongforthe
restaurantsector,with45%ofpeopleeatingoutat
leastonceaweekand32%diningoutonceortwice
amonth.Thebiggestconsumersoffoodoutside
thehomeareMillennials(52%eatatarestauranta
minimumofonceaweek),followedbyGenZ(49%),
GenX(41%)andBoomers(35%).
23
Approximatelyhowoftendoyoudo
thefollowingthingsatthemoment?
9%
Gooutfor
ameal
15%
8%
=Daily
=Weekly
=Fortnightly
=Monthly
=Lessfrequentlythanmonthly=Notatall
11%
20%
36%
6%
Gooutfor
adrink
16%
7%
10.5%
18%
43.5%
4%
Gotoa
nightclub
14%
64%
6%5.5%
6%
10%
27%
Gofora
dayout
10%
20%
21%
12%
11%
5.5%
9%
18%
38%
Doasporting
activity
18%
8%
14%
5.5%
Gotoagroup,
8%
cluborclass14%
51%
24%
Socializewith
friends
16%
8%
9%
29%
13%
9%
Go
shopping
51%
11%
17%
9.5%
3%
05
Lifestyletrends
26
Americansaren’tgoingbacktotheoffice
Anincreaseincompaniesallowingflexibleworkingisonebenefittocomeoutofthepandemic,andourdatashowsthemajorityoftheworkingpopulationistakingadvantageofthis.While29.5%ofrespondentswhotookoursurveydon’twork,andafurther24%doworkbutnotfromhome,theremainderareworkingfromhomeatleastonedayaweek(thisequatesto65%oftheworkingpopulation).
There’samoreorlessequalsplitbetweenthepeoplewhoareworkingfromhomeallthetime(16%saytheyWFHfivedaysaweekormore)andthosewhoaresplittingworkevenlybetweenhomeandtheoffice(15%ofAmericansareworkingfromhometwotothreetimesaweek).
Mostlikelytoworkfromhomeallthetimeare
GenX(19%),whichcouldbebecause-aged
between41-55-they’relikelytobeinmore
seniorpositions.But,conversely,they’realso
thedemographicmostlikelytoneverworkfrom
home(27%).Thiscouldalsobebecauseoftheir
seniority,whichrequiresthemtobeon-site.
29.5%Mostlikelytoenjoytheflexibilityofthenew
Idon’tworkworkingenvironmentoverallaretheMillennials;
27%workfromhomebetweentwotofourdaysperweek.Thiscomparesto24%ofGenZ,15.5%
24%thedemographicmostlikelytonotworkatall:
ofGenXand11%ofBoomers(butBoomersare
0days47%).
Howmanydaysperweekdoyoutypicallyworkfromhomeatthemoment?
16%5ormore
4%1day
7%
2days
8%
3days
5%
4days
7%
Itvaries
Wellnessisa
priority
Fitnessisonelifestyletrendthatlookssettobehugein2022;47%ofAmericanssaythey’retryingtoimprovetheirfitnessrightnow,whileafurther46%aretryingtoloseweight.GenZ
areespeciallyfocusedongettingfit,withmorethanhalf(51%)pursuingthisgoal.Meanwhile,it’sGenXandtheBoomerswhoaremostlikelytobetryingtoloseweight;halfofbothdemographicsarehopingtoshedpounds.
Whenthepandemichitlastyear,
manyyoungadults
movedbackinwiththeir
parents
,butourdatasuggeststhattrendhasstartedreversing.Nearly22%ofGenZand28%ofMillennialssaytheyareplanningtomovehome(orhaverecentlymoved).However,theolderdemographicsarealsoonthemove,with16%ofGenXand14%ofBoomerslookingfornewhomes,indicatingthat
rocketinghouseprices
27
and
rentalprices
arelikelytocontinuetheirupwardtrajectory.
AccordingtoCDCdata
,thepandemicdidnotleadtoababyboomaspreviouslypredicted.Instead,therehasbeena5-10%decreaseinbirthsnationwide.Nationally,birthrateshavebeentrendingdownwardforyearsanditdoesn’tlooklike2022willbuckthetrendeither;only6%offemalerespondentstooursurveyareexpectingababyorrecentlyhadone,
Meanwhile,the
marriagerate
isatthelowestlevel
sincetheUSgovernmentbegankeepingmarriagerec
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