Women are significantly reshaping the U.S. economy and will radically alter the business landscape in the years to come, per The Wall Street Journal.
In 1970, only half of the U.S.’s 25-54-year-old women were in the workforce. Today 75% of women work. Contrast that to men in the workforce, who have slipped from 96% in 1970 to 89% today.
With education and career advancements, women now often bring home the bacon, have significant disposable money, and investment clout.
This change could dramatically shift U.S. attitudes toward money because women are more likely to save disposable money or use it to pay down debt instead of spending it, like men do.