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Why McDonald’s has a Millennial Problem? (or Does it?) Eric Anderson Transportation Director Maricopa Association of Governments Arizona Rural Transportation Summit January 14, 2015 Yuma, Arizona
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https://youtu.be/O1Z91YkPatw
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Self-Identification of Generation
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Major Generational Groups
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2015 U.S. Population by Age
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Boomers & Millennial
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Age
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High College Achievement Percent of total population age 18 to 34 years with bachelor's degree or higher
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High Average Debt
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Poor Economy
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Combines to be Drag on Housing
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Delayed Marriage
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Other Impacts of Debt & Poor Job Market
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Home Ownership
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What About Driving?
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U.S. Travel & Gasoline Prices Source: FHWA, October 2015 data.
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Drove Car, Truck, Van or Carpooled to Work Percent of Workers age 18 to 34 years who drove a car, truck, van or carpooled to work
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So What About McDonald’s?
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Source: Morgan Stanley
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Demography is Destiny
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2010 – Population 6.4 Million 2040 – Population 10.2 Million
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