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Omaha Steve

(99,618 posts)
Tue Apr 8, 2014, 11:19 AM Apr 2014

>>> A Major Demographic Tailwind Is Coming That Could Make The US Boom For Years <<<


http://www.businessinsider.com/demographic-tailwind-2014-4

JOE WEISENTHAL APR. 8, 2014, 9:05 AM

Without a doubt, one of the most powerful forces in economics is demographics. "Demographics is destiny" is a frequently asserted line, and for good reason.

In our presentation on the MOST IMPORTANT CHARTS IN THE WORLD, Matt Busigin of Macrofugue offered up a bullish demographic datapoint that suggests a booming U.S. economy for years.

The concept is simple but powerful. The black line represents the number of 20- to 24-year-olds in the population. The purple line represents the number of employed 25- to 34-year-olds. The purple line is lagged to demonstrate that the number of employed 25- to 34-year-olds trails the number of 20- 24-year-olds by about 10 years.

As you can see, there's been a big upward rise in the number of 20- to 24-year-olds, which means that in the years ahead there will be a big boom in the number of 25- 34-year-old workers, at least according to a pattern that's nearly 70 years old.

FULL story at link.

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