It's Me, Hi, I'm the Problem. I'm 33.

Demographics and Economic Impact #

I have been covering economics for over a decade and have noticed a pattern. Each major decision I make seems to become a trend that many others follow. When I started college in 2009, there was a surge in enrollment rates. When I moved to a big city after graduation, many millennials did the same. The rise in student debt was another significant event, overtaking auto loans and credit cards as a major lending source. Recently, my partner and I bought a house, along with many others across the country. These experiences lead me to the realization that the demographic born in 1990 and 1991, turning 33 and 34 in 2024, represents the peak of America’s population. As the largest part of the biggest generation, our age group has had a profound impact on the economy, often stretching it to its limits. While we possess substantial economic power, it has sometimes made life more challenging for us. In 2022, there were 4.75 million 32-year-olds and 4.74 million 31-year-olds in America, the two largest age groups.