Prospects of Younger Generation

Millennials are less well off than members of earlier generations when they were young, with lower earnings, fewer assets, and less wealth.
- Christopher Kurz, Geng Li, and Daniel J. Vine, Are Millennials Different?, Federal Reserve, 2018 (Kurz, Christopher, Geng Li, and Daniel J. Vine (2018). “Are Millennials Different?,” Finance and Economics Discussion Series 2018-080. Washington: Board of Governors of the Federal Reserve System, https://doi.org/10.17016/FEDS.2018.080.)

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