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Young Adults Living at Home in the US Are Fueling a Luxury Boom

December 14, 2022
Source: markets.businessinsider.com markets.businessinsider.com
News Snapshot:
Nearly half of young adults are living at home in the US — a historical high not seen since the Great Depression, per the US Census Bureau. They are helping fuel a luxury boom, Morgan Stanley analysts say. Living at home is freeing up their budget and leaving them with more disposable income for spending. Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the...
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