Older millennials are pulling away from the rest of their generation in the housing market. Now, they are pulling ahead in the hobby economy, too.
A new Bank of America Institute analysis finds that older millennials spend more per customer on hobbies than any other generation, outpacing Gen X, baby boomers, younger millennials and Gen Z. The group’s hobby outlays were a little more than twice those of Gen Z in the three months through August, based on an index that sets Gen Z spending at 100.
