Can you believe that more than half of the U.S. is now single?
That’s some 124.6 million people…50.2 percent of those who were 16 years or older. That’s up from 37% in 1976, when the government started collecting such statistics.
This, in fact has direct correlation to our nations economy. In a report entitled “Selfies,” economist Edward Yardeni, was in awe of the increase in the proportion of singles rising above 50%, calling it “remarkable.” The president of Yardeni Research Inc. said the rise has “implications for our economy, society and politics.”
The reason for that being, particularly younger singles are more likely to rent than actually own their dwellings. A combination of things would likely influence how much money single people spend and what they would buy.
I wonder what the real reason behind the new single trend is?