Millennials are becoming a strong force in the United States economy. Take a look at this infographic showing some Millennial spending statistics.

1. % Of Millennials Do Not Ha e A
Retirement Account#
Millennial Spending
Statistics
Millennials are becoming a major force in the U.S economy and some previous generations are concerned about
Millennial spending habits. These are some Millennial spending statistics that shows how Millennials are
impacting the U.S economy.
Millennials Report 0he Highest 7se Of
Coupons For Purchases 0han Other
Generations.
of Millennials reported to
use coupons in 2017. This
is up from 88% in 2016.
%
%
of Baby Boomers
reported to use coupons
in 2017. Down from 90%
in 2016.
%
#
Out Of Millennials
Rather Spend On
E periences 0han 0hings
#
Ho Millennials Choose 0o
Make 0heir Purchases#
According to a study done by Eventbrite in 2017,
3 out of 4 Millennials reported that they rather
spend money on experiences than things.
According to a study done by Filene, only 51% of Millennials
report having a retirement account. Leaving 49% of
Millennials without a retirement account.
Millennials Are Spending
More On Housing Costs 0han
Pre ious Generations.
#
of Millennials' income goes
towards housing costs.. %
of Generation Xers income goes
towards housing costs.
. %
of Baby Boomers income goes
towards housing costs.
. %
Some Millennials Spend More
On Coffee 0han 0he Sa e
For Retirement
#
Of Millennials Report
Spending More On Coffee
Each Month 0han 0he Sa e
For Retirement
According to Lendedu, the average Millennial spends
$38 a month on coffee and 27% report spending more
money on coffee each month than they save for
retirement.
of Gen Xers reported to
use coupons in 2017.
Down from 92% in 2016.
Desktop or Laptop Smartphone Tablet
Physical Store Unde ned
32%
25%
24%
11%
8%
Have Retirement Account
No Retirement Account
%
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Sources:
1) http://intelligence.valassis.com/rs/275-QRU-089/images/PDF-Coupon-
Intelligence-Report.pdf
2)https://pressroom.ups.com/mobile0c9a66/assets/pdf/pressroom/white%20paper/
2016_UPS_Pulse%20of%20the%20Online%20Shopper_white%20paper%20final.pdf
3) https://www.eventbrite.com/l/millennialsreport-2017/
4) http://gflec.org/wp-
content/uploads/2015/01/a738b9_b453bb8368e248f1bc546bb257ad0d2e.pdf
5) https://lendedu.com/blog/millennial-retirement-spending-study/
6) https://havenlife.com/blog/millennial-spending-habits/
51%49%