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Grandparents Growing into Major Consumer Segment

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nielsen-spending-by-grandparents-feb11.gifThere are currently 69.6 million grandparents in the US, a figure expected to grow another 11% to roughly 76 million between now and 2015, according to new data from The Nielsen Company. Nielsen research reveals that grandparent households spend 4.4% more per year than all other households, which equates to an extra spend of more than $300 a year.
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