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The term "baby boom" is often used to refer specifically to the post–World War II (1946–1964) baby boom in the United States and Europe. In the US the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). [22] An estimated 78.3 million Americans were born during this period. [23]
The generation is often defined as people born from 1946 to 1964 during the mid-20th century baby boom. The dates, the demographic context, and the cultural identifiers may vary by country. [1][2][3][4] Most baby boomers are the children of either the Greatest Generation or the Silent Generation, and are often parents of Millennials.
The US Census Bureau defines baby boomers as those born between mid-1946 and mid-1964 (shown in red). [2] The middle of the 20th century was marked by a significant and persistent increase in fertility rates in many countries of the world, especially in the Western world. The term baby boom is often used to refer to this particular boom ...
"The baby boom generation has started to retire with a record $76 [trillion] in net worth," Yardeni writes. "They are spending on restaurants, cruises, traveling, and healthcare.
Increased birth rates were observed during the post–World War II baby boom, making them a relatively large demographic cohort. [44] [45] In the U.S., many older boomers may have fought in the Vietnam War or participated in the counterculture of the 1960s, while younger boomers (or Generation Jones) came of age in the "malaise" years of the ...
Generation X (often shortened to Gen X) is the demographic cohort following the Baby Boomers and preceding Millennials.Researchers and popular media often use the mid-1960s as its starting birth years and the late 1970s as its ending birth years, with the generation being generally defined as people born from 1965 to 1980.
The NBER defines an expansion as a period when economic activity rises substantially, spreads across the economy, and typically lasts for several years. [1] During the 19th century, the United States experienced frequent boom and bust cycles. This period was characterized by short, frequent periods of expansion, typically punctuated by periods ...
The Greatest Generation, also known as the G.I. Generation and the World War II Generation, is the demographic cohort following the Lost Generation and preceding the Silent Generation. The social generation is generally defined as people born from 1901 to 1927. [1] They were shaped by the Great Depression and were the primary generation ...