For over 30 years, Gary D. Halbert has been publishing newsletters for the investment community. Now you can receive his FREE Forecasts & Trends E-Letter delivered each week to your e-mail inbox. Gary covers the latest economic forecasts and market analysis, and you'll enjoy his always-spirited political commentaries.

This Week's Forecasts & Trends E-Letter

One-Third of Millennials Are Living With Parents

June 27, 2017

A recent study from the Census Bureau found that more young people are living with their parents than in any other arrangement. Almost 23 million Americans in the 18-to-34 age bracket – so-called “Millennials” – live with their parents, as opposed to only  19.9 million who are married and live with their spouse in their own home or apartment. What’s is more, almost 9 in 10 young people who were living in their parents’ home a year ago are still living there today.

As the father of two Millennials (ages 27 and 25), I pay a great deal of attention to articles and studies on this largest generation of 75.4 million Americans. Given the sheer size of this generation and its vast effect on the economy for decades to come, we should all be paying attention to trends within this massive group. That’s what we’ll start with today.

Following that discussion, we’ll look at two interesting surveys I ran across recently: the World Happiness Report by country, and the Social Progress (Well-Being) Index by country. You may be surprised to see that the US doesn’t rank nearly as high as you probably think it does.

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