New York (Oct. 24, 2003) -- Despite the roller-coaster economy, the number of families earning at least $100,000 is expected to jump from 15 million to 20 million by 2010, The Conference Board reported in a study released Thursday.
Affluent households account for about 14 percent of all homes in the U.S., up from 9 million households in 1990. By 2010, the expected 20 million affluent households will have spending power of more than $3.5 trillion, the board projected.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access