Gen X and Y Pave the Way to Economic Recovery

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Baby boomers led the U.S. out of a downturn in the last two recessions, but this time around, it will be Gen Xers and millennials paving the way to economic recovery, according to a new report issued by PricewaterhouseCoopers today.

The study — called “The New Consumer Behavior Paradigm: Permanent or Fleeting?” — looks at how consumer spending has changed in the last two years. As the nation shifts into recovery mode (February’s unemployment rate held steady at 9.7

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