A survey of Generation Z consumers in the United States in 2023 asked which categories they spend the most on in a normal month. ************** from both grocery stores and out at restaurants were the biggest spending categories.
In 2024, Generation Z consumers in the United States and the United Kingdom were asked where they prioritized their spending the most. Aside from rent or mortgage payments and other household bills, ********* were the main category. ************************ came in second place.
Nearly half (43 percent) of millennials worldwide were worried about their personal financial situations in 2023 and changed their spending habits as a result. The vast majority of Generation Y members were at least somewhat concerned about their finances, but not all respondents changed their spending behavior.
This statistic illustrates the most popular disposable income spending habits of the Millennial generation in the United Kingdom (UK) as of January 2016. It can be seen that 51 percent of Millennials stated that socialising was where their remaining disposable income was most likely spent at that time.
Men from Generation Z and Millennials spend more on clothing and shoes than their female counterparts, according to a 2022 survey. The difference is much more exaggerated between Millennials than Gen Z, with men spending roughly *** U.S. dollars more than women a month on average.
Nearly 41 percent of total Millennial spending on garden and lawn products was done at home centers, while some 20 percent was done at mass merchandisers or discount stores in 2019 in the United States. Only 10 percent of Millennials did their lawn and garden shopping through online retailers.
This statistic features the results of a survey conducted in May 2012. US Millennial shoppers were polled what percentage of their food-at-home expenditure they spend in selected store types. Survey respondents indicated to use 41 percent of their food-at-home spending at traditional grocery stores.
Irresponsible spending habits of Millennials in Canada have experienced changes between 2000 and 2016. Canadian Millennials were reported to spend 53 percent more on restaurants and 39 percent more on travel in 2016. Meanwhile, spending on accommodation decreased by 28 percent.
According to a survey among premium Millennial shoppers in Vietnam, 37 percent of respondents were most likely to spend on holiday and travel in the next year. Respondents under this category were also projected to spend on other categories such as working out and beauty care.
In 2024, ** percent of Gen Z consumers planned to participate in Black Friday. While this figure was the same for millennial consumers, a larger share of Zoomers participated in all other spending events, including Amazon Prime Day and Shop Small Saturday (also known as Small Business Saturday).
In 2024, Millennials carried out 22.5 percent of the global spending, making them the generation group with the largest share of spending in the world, according to the source. In 2030, Generation Z was forecast to represent 18.7 percent of the total spending worldwide.
This statistic illustrates how the Millennial generation view their personal willingness to spend money in the United Kingdom (UK) as of January 2016. It can be seen that at that time 25 percent of Millennials considered themselves to be 'spenders' as opposed to 'savers'.
In 2023, nearly a third of millennials living in the United States planned to spend between 101 and 250 U.S. dollars on Halloween, making it the most common budget range that year. Many also planned to spend under 100 U.S. dollars. Less than five percent of millennial Halloween shoppers intended to spend over a grand.
According to data gathered in the United States in the 2nd quarter of 2024, Generation Z spent 38 U.S. dollars on average per month for concerts, compared to 31 U.S. dollars of average spending across all generations. 23 U.S. dollars was Gen Z's average spending on festivals, compared to 13 U.S. dollars for the average music listeners.
Millennials spent 98 percent more on their education in 2016 than in 2000 in Canada. Other responsible categories with spending growth within the given time period were retirement savings, health care and child care. Millennial spending on groceries was, however, reported to have declined by 18 percent.
This statistic presents the results of a survey conducted in October 2017, in which millennials in the United Kingdom (UK) were asked about their spending intentions over the next 12 months. Among those surveyed, 28 percent said they plan to spend more on clothes and shoes in the next 12 months, a higher percentage than in the other product categories. In comparison, only 20 percent plan to spend more in both the homewares and health and beauty categories.
This statistic highlights the most important beauty and personal care categories among Millennial consumers in the United States in 2012, based on an expenditure index in comparison with the total consumer panel. Millennial shoppers had an above-average spending for hair conditioner with an index amounting to 132 compared to an average expenditure index of 100 among all shoppers.
This graph shows annual expenditure of Millennial consumers in the U.S. in 2013 and provides a forecast for 2020. By 2020, U.S. Millennials are forecast to spend about 1.4 trillion U.S. dollars, which is said to account for approximately 30 percent of retail expenditure that year.
In late 2023 consumers in the United States were asked about their impressions on entertainment spending. During the survey, ** percent of Gen Z respondents said their monthly spending on live concerts has increased since the coronavirus. The same was true for ** percent of millennials.
In 2021, shoppers in the United States spent just over a third of their Black Friday budget online. On this day, millennials were the leading online spenders at nearly 45 percent, while Generation Z mostly preferred spending their U.S. dollars in physical stores. Just like Generation Z, baby boomers in the United States more heavily favored brick and mortar stores.
A survey of Generation Z consumers in the United States in 2023 asked which categories they spend the most on in a normal month. ************** from both grocery stores and out at restaurants were the biggest spending categories.