Consumer spending upheaval

March 6, 2017 by MMR consumer spending, The Conference Board 2017, Issue 03-06-2017, Issues

NEW YORK — Consumer spending, the engine that drives about 70% of the U.S. economy, is poised for significant changes as the population ages, according to The Conference Board. The nonprofit membership organization is forecasting big increases in health care and retirement spending over the next decade, as well as a notable decline in Americans’