Boom Bust & Echo 2000: Profiting from the Demographic Shift in the New Millennium
Editorial Reviews
Michael Kane, Financial Post, April 2, 1999
"If you want to foretell the future, don't consult a horoscope or a crystal ball. Just consider that we tend to do different things at different times of our lives and that one year from now we'll be one year older. Apply those principles to the whole population and we can explain two-thirds of everything, according to David Foot. Looking ahead to the first decade of the new millennium, he forecasts more movies catering to teens and twenty-somethings, good times for beer merchants and retailers of self-assembly furniture, and continuing recovery in the rental housing market. That's because the echo boomers, as Dr. Foot dubs the children of the baby boomers, are growing up. But investors and marketers beware. Canada's echo boomers born between 1980 and 1995 are only two-thirds as numerous as the baby boomers born between 1947 and 1966. In the United States, there are 79 billion boomers and 76 million echo kids."
Book Description
Demographics - the study of human populations - are a powerful, but often underused, method for understanding the past and predicting the future. In Boom, Bust & Echo 2000: Profiting from the Demographic Shift in the New Millennium, economist David Foot and journalist Daniel Stoffman take a look at the importance of demographics. They try to predict what baby boomers, "baby busters", the "echo generation", and other groups in the coming years can expect. This fully-revised edition of the highly successful Boom, Bust &Echo contains the most recent information on demographic trends in Canada and how they can affect your future.
Demographics play a critical role in the nation's economy and social life, and they affect every one of us as individuals. The more we understand demographic realities, the better prepared we will be to cope with them - and to turn them to our advantage.
In Canada, the aging of those born between 1947 and 1966 - the baby boom generation - has changed the economy, driven housing and other markets, and transformed social mores and lifestyles. As the boomers enter mid-life, as the "baby-busters" behind them come of age, and as the "echo generation," the children of the boomers, reaches maturity, how will the country change? Where will Canadians choose to live? What are the prospects for employment? Which investments will be favoured? What lies ahead for Canada's health care and education systems?
Everyone who plans for the future - whether it be for a large corporation, a retail store, a school system, a nonprofit enterprise, or for personal well-being - needs effective forecasting tools. Boom, Bust & Echo 2000 goes beyond the traditional methods of focus groups and opinion surveys to an analysis of statistical facts. Here is an original and indispensable work filled with arresting insights, provocative assertions, and practical answers.
Boom Bust & Echo 2000: Profiting from the Demographic Shift in the New Millennium
Boom Bust & Echo 2000: Profiting from the Demographic Shift in the New Millennium,David K. Foot,Daniel Stoffman,Brian Gable,MacFarlane Walter & Ross,1551990296,Business & Economics,Business / Economics / Finance,Business/Economics,Canada,Demography,Economic Conditions,Economic Forecasting,Economics Of Population,Investments,Marketing - General,Population forecasting,Social conditions
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