The Wall Street Journal, March 29, 2016: How Millennials and Low-Income Consumers Are Propping Up the U.S. Economy
“Younger consumers and those with lower incomes punched above their weight class in the final months of 2015 fueling a 2.35% increase in year-over-year spending in December in 15 U.S. metro areas, according to data released today by the J.P. Morgan Chase & Co. Institute. Those same groups were leading contributors to consumption gains in October and November.”