Younger boomers spend a substantial amount of their income on television sets and stereo systems, rather than on major appliances, such as refrigerators and stoves.

Name: Younger boomers spend a substantial amount of their income on television sets and stereo systems, rather than on major appliances, such as refrigerators and stoves.
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The estimated spending power of the younger boomers is $1.1 trillion, and they spend primarily on mortgage, home furnishings and renovation.

Younger Boomers Spend a Substantial Amount of Their Income on Television