Baby boomers

Inflation Appears Under Control, says Economy Panel at Quinnipiac University's G.A.M.E. XIII Forum

Retrieved on: 
Friday, March 22, 2024
Deutsche Bank, Quinnipiac University, Conference, The Conference Board, University, Unemployment, Hoarding, Federal, Bank, DNA, Artificial intelligence, Bloomberg Markets, AI, T. Rowe Price, Fed, Federal Reserve, Multimedia, Baby boomers

NEW YORK, March 22, 2024 /PRNewswire/ -- The "Outlook for U.S. and Global Economy in 2024" panel on the first day of Quinnipiac University's 13th Global Asset Management Education (G.A.M.E.)

Key Points: 
  • NEW YORK, March 22, 2024 /PRNewswire/ -- The "Outlook for U.S. and Global Economy in 2024" panel on the first day of Quinnipiac University's 13th Global Asset Management Education (G.A.M.E.)
  • Forum in New York was optimistic that inflation is, with bumps in the road, on the correct downward course.
  • Uruçi said two percent "is not magical," and said it might make sense to set a range for acceptable inflation numbers.
  • Uruçi said AI is creating jobs and adding value to tech companies, and will possibly lead to shorter work weeks.

PA Consulting's Brand Impact Index: Dawn ranked top for US brand perception

Retrieved on: 
Thursday, March 21, 2024
Microsoft, KitchenAid, Millennials, Organization, Innovation, Apple, Sport, Social media, Baby boomers, Food, CPG, Breyers, Samsung, PA Consulting Group, Generation Z, Gen, Betterment, Marketing

NEW YORK, March 21, 2024 /PRNewswire/ -- The PA Consulting Brand Impact Index 2024 survey finds US consumers are looking for brands to be a catalyst for a better world, with 70% expecting them to be responsible for building a healthier planet. However, for brands to perform well with consumers, they must first focus on product innovation, quality, customer service, and experience. The survey of 7,000 US consumers shows that:

Key Points: 
  • Among the highest-ranking brand categories are household and personal care products that satisfy hygiene needs, and sports brands that build community.
  • Therefore, it seems fitting for Dawn to be ranked first in the Brand Impact Index."
  • The PA Consulting Brand Impact Index ranks 320 brands across more than 30 industries.
  • PA Consulting commissioned a survey of 7,000 US consumers, reflecting national diversity across age, gender, region, ethnicity, and household income.

Talent Tsunami: How Retention, Not Just Attraction, Can Save Service Businesses

Retrieved on: 
Thursday, March 21, 2024
Workforce, Empathy, Senior, Morale, CareerBuilder, Mental health, Baby boomers, Management

ATLANTA, March 21, 2024 /PRNewswire-PRWeb/ -- Retail, dining, and service sectors are struggling to regain their footing in the post-pandemic landscape. The pandemic exposed major cracks in frontline talent strategies across retail, dining, and other service sectors. Many businesses are still struggling to attract, retain, and develop a strong workforce, leading to a negative impact on customer service, profitability, and brand reputation.

Key Points: 
  • Retail, dining, and service businesses struggling to attract and retain staff can unlock a powerful solution: a multigenerational talent strategy.
  • The pandemic exposed major cracks in frontline talent strategies across retail, dining, and other service sectors.
  • Many businesses are still struggling to attract, retain, and develop a strong workforce, leading to a negative impact on customer service, profitability, and brand reputation.
  • "By developing a holistic attract/retain/develop program that focuses on diverse, cross-generational talent, businesses can build a loyal, engaged workforce ready to thrive.

First Horizon Bank Survey Reveals a New Era of Women's Financial Empowerment

Retrieved on: 
Friday, March 15, 2024
Life, First Horizon Bank, Southeastern United States, Woman, Knowledge, Ageing, Bell, First Horizon Corporation, CFA, Baby boomers, FHN, First, Online shopping

MEMPHIS, Tenn., March 15, 2024 /PRNewswire/ -- First Horizon Corp. (NYSE: FHN or "First Horizon") today announced the results of a comprehensive survey exploring the financial confidence and practices of women in the Southeastern United States. The survey, including 1,000 women ages 25 to 65 with a total household income of $75,000 and above, reveals a significant shift toward financial empowerment among women, specifically within younger generations.

Key Points: 
  • The survey, including 1,000 women ages 25 to 65 with a total household income of $75,000 and above, reveals a significant shift toward financial empowerment among women, specifically within younger generations.
  • "Over the last several decades, women have become increasingly independent in their financial lives," explained Tracy Bell, CFA, and Director of Equity Investment Strategies at First Horizon Bank.
  • While the gender wage gap persists , this survey reveals that these shifts are creating greater financial independence and a growing confidence among women, particularly among younger demographics."
  • "We are amid a significant shift, one that will make financial literacy and seeking professional financial advice crucial in the coming years.

78% of Baby Boomers Think Age Would Be a Factor When Being Considered for a New Position

Retrieved on: 
Thursday, March 14, 2024
HR, Policy, Baby boomers, The Harris Poll, Ageing, Knowledge, News, Ageism, ASA, Generation Z, Gen

ALEXANDRIA, Va., March 14, 2024 /PRNewswire/ -- A staggering 78% of Baby Boomers (ages 60-78) believe their age would be a contributing factor when being considered for a new position, according to the latest ASA Workforce Monitor® study commissioned by the American Staffing Association and conducted online by The Harris Poll.

Key Points: 
  • By comparison, 55% of Gen Z (ages 18-27) feel this way, along with 51% of Gen X (ages 44-59), and 39% of Millennials (ages 28-43).
  • The survey also found that two-thirds of Baby Boomers (68%) believe their age puts them at a disadvantage when finding a new job, compared with 53% of Gen X, 29% of Millennials, and 48% of Gen Z.
  • Overall, a majority of Baby Boomers (53%) say their age limits their career opportunities.
  • For complete survey methodology, including weighting variables and subgroup sample sizes, please contact Megan Sweeney at 703-253-1151.

Survey Finds: Over Three-quarters of Americans Urge "Big Food" to Prioritize Health Impact

Retrieved on: 
Wednesday, March 13, 2024
Research, Baby boomers, Silent Generation, Health, Millennials, Obesity, Opinion, Public, Michelle, Marketing, Market Research Society, Diet, Empowerment, European, Generation Z, Label, Habit, Optimism, OnePoll, ESOMAR, Gen, Public opinion, Bottled water

NEW YORK, March 13, 2024 /PRNewswire/ -- Over three-quarters of Americans, 77% to be exact, believe food manufacturers should be held accountable for the health impact their products have on consumers, emphasizing a growing demand for higher-quality ingredients and increased transparency amidst concern of corporate greed.

Key Points: 
  • In response, Yuka launched a new in-app feature in February 2024 able to alert consumers of recalled products.
  • Only 30% of those surveyed also found food manufacturers to be transparent with their product labeling.
  • Over 70% of respondents, in fact, expressed concern about the negative health impact of consuming processed or ultra-processed foods regularly.
  • This random double-opt-in survey of 2,000 general population Americans was commissioned by Yuka between Feb. 16 and Feb. 21, 2024.

AMID DYNAMICS OF THE 2024 ELECTION CYCLE, VOTERS VALUE AND TRUST OUT OF HOME ADS

Retrieved on: 
Tuesday, March 12, 2024
Generation X, Ageing, Policy, Morning Consult, OOH, GOTV, PACS, Get out the vote, Baby boomers

WASHINGTON, March 12, 2024 /PRNewswire/ -- The U.S. is experiencing record-breaking political ad spend surrounding the 2024 election encompassing national and local races. For campaigns, political action committees (PACs) and issue advocacy groups advertising in this challenging political climate, out of home (OOH) ads prove to be an effective medium to reach, inform and influence voters, according to a new report.

Key Points: 
  • WASHINGTON, March 12, 2024 /PRNewswire/ -- The U.S. is experiencing record-breaking political ad spend surrounding the 2024 election encompassing national and local races.
  • Furthermore, the study found that more than half of likely voters exposed to an OOH political ad in the past year (56%) trust political information in an OOH ad to be truthful and accurate.
  • Additionally, likely voters with a higher income and education level are more likely to say political ads are influential.
  • Additionally, a quarter of likely voters say OOH political ads remind them of the need and value of voting (26%) and increase their awareness of issues (25%).

Seven in ten women investors are rethinking if and when they can retire

Retrieved on: 
Tuesday, March 12, 2024
Transfer, Baby boomers, Partnership, Female, Nationwide Mutual Insurance Company, Senior, Marketing, Woman, Health administration, Nationwide, Adviser, Retirement, Retention, ETF, Financial adviser

COLUMBUS, Ohio, March 12, 2024 /PRNewswire/ -- Uncertain market conditions and the rising cost of living are significantly impacting women investors and their retirement plans. As they grapple with cascading economic headwinds, seven in ten (70%) women investors say that inflation and signs of a potential recession have made them rethink if and when they can retire, according to Nationwide's ninth annual Advisor Authority survey, powered by the Nationwide Retirement Institute.

Key Points: 
  • As the number of single older Americans steadily grows , single women in particular are grappling with unique circumstances.
  • Compounding this concern, more than four in ten single women (44%) are worried about their ability to afford monthly bills in retirement.
  • Single women tend to be more proactive than married women when it comes to discussing retirement planning with their advisor.
  • Single women (27%) are slightly more likely to discuss converting accumulated savings into retirement income with their advisor than are married women (22%).

LS Investor Group, LLC, Acquires Community Bank & Trust, Rebrands as LifeSteps Bank & Trust to Bring Boutique Small Business Banking Services to Alabama

Retrieved on: 
Tuesday, March 12, 2024
Union, Alston & Bird, Acquisition, Small business, Ford, Trust, Chemistry, The Wombles, Community Bank, DD, Baby boomers

He added that acquiring the bank "offered an attractive opportunity for us to catalyze our business model without the inherent challenges of establishing a pure de-novo institution."

Key Points: 
  • He added that acquiring the bank "offered an attractive opportunity for us to catalyze our business model without the inherent challenges of establishing a pure de-novo institution."
  • With that in mind, LifeSteps Bank & Trust will focus on helping small business owners think strategically about their businesses and their legacy.
  • Womble and Ford have assembled a leadership team with deep experience in delivering highly customized banking experiences to local businesses.
  • Community Bank and Trust was advised by Troutman Pepper Hamilton Sanders LLP.

In 2024 Presidential Election, Swing Voter Emerges as Key Battleground According to New Stirista Research

Retrieved on: 
Tuesday, March 12, 2024
Trader Joe's, Cracker Barrel, Millennials, ABC, Organization, NBC, Liberal, SAN, SVP, Social media, News, Coffee, Voting behavior, Generation Z, Black Rifle Coffee Company, Fox News, Habit, Conservatism, Aldi, Starbucks, Gen, Baby boomers, Democrat

SAN ANTONIO, March 12, 2024 /PRNewswire-PRWeb/ -- As the 2024 presidential election season is in full-swing, data-driven marketing technology firm Stirista today released a broad-ranging 2024 Voter Profile research report. Surveying more than 2,000 likely voters on party and ideology affiliation, purchasing behaviors, media and news consumption as well as celebrity/influencer impact, the Independent voter emerged as the key battleground for campaigns and political marketers looking for better critical insights to help predict voting behavior and avoid wasted ad spend.

Key Points: 
  • SAN ANTONIO, March 12, 2024 /PRNewswire-PRWeb/ -- As the 2024 presidential election season is in full-swing, data-driven marketing technology firm Stirista today released a broad-ranging 2024 Voter Profile research report .
  • One-third (33%) of likely voters indicated that they were either Independent or unsure of their political affiliation.
  • Nearly half of Millennials and Gen Zs make-up the Independent voter population and the vast majority (80%) of this cohort consume news via social media.
  • Swing voters or Independents favor social media and watch less TV for their news consumption than Democrats and Republicans.