60+ Adults Will Control $34 Trillion by 2036
People over 60 now control 27% of global spending despite being just 15% of the population. That's $19 trillion today, growing to $34 trillion in a decade.
Consumer Spending — Good News & Uplifting Stories
Read the latest positive news, breakthroughs, and inspiring stories about consumer spending, curated daily by BrightWire.
5 stories tagged with "Consumer Spending"
Henan Province Pushes Companies to Honor Paid Leave Rules
China's Henan Province announced plans to require employers to let workers take their full paid vacation time, sparking online celebrations before authorities pulled the notice for revisions. The move aims to boost consumer spending while addressing workplace cultures that discourage time off.
Gas Prices Drop, Consumer Optimism Hits 8-Month High
Americans are feeling more hopeful about the economy as falling gas prices deliver relief at the pump. Consumer sentiment jumped 10% in early July, reaching its highest point since February.
$10M Fund Backs Startups Built for Modern Moms
A new venture fund just raised $10 million to invest in companies serving mothers, who control $2.4 trillion in U.S. spending power. Mother Ventures has already backed 13 startups, from pediatric care booking to kid-friendly phones.
China Raises Minimum Wage in 27 Provinces to Boost Economy
More Chinese workers are getting a raise as 27 provinces increased minimum wages over the past year, with many seeing double-digit bumps. The nationwide push aims to put more money in people's pockets and reignite consumer spending.