Comments on: People will always love to read.

People will always love to read.

griphus — Thu, 06 Dec 2012 06:25:07 -0800

"HS Dent, an economic forecasting firm, compiled Census data [PDF] on spending behavior and presented them as a series of demand curves... The curves measure average annual expenditure for a given product over the age of the consumer."

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By: DigDoug

DigDoug — Thu, 06 Dec 2012 06:31:00 -0800

The data nerd in me really likes this. One that deserves deeper delving is the Smoking curve.. the social cost of smoking has shifted a lot over the last several decades. I'd be curious to see if the hump in that bell curve has moved along with the social attitudes toward in.

By: shakespeherian

shakespeherian — Thu, 06 Dec 2012 06:37:15 -0800

Men really let themselves go once they hit their 40s. Finally, I'm ahead of the curve.

By: alms

alms — Thu, 06 Dec 2012 06:38:06 -0800

Yeah, I agree it would be great to see how these curves change over the decades. Very interesting even in this form, though. Thanks!

By: shakespeherian

shakespeherian — Thu, 06 Dec 2012 06:38:47 -0800

I also like how the captions get snarkier the further down you get.

By: OmieWise

OmieWise — Thu, 06 Dec 2012 06:43:34 -0800

Presented without comment.

By: ook

ook — Thu, 06 Dec 2012 06:45:25 -0800

Yeah, I'm ahead of the curve on that one.

By: stupidsexyFlanders

stupidsexyFlanders — Thu, 06 Dec 2012 06:45:40 -0800

For old men, does underwear become...optional? My grandad passed when I was 15 or so, I never really knew him. My mom said his bureau was filled with unopened packages of underwear. Somebody needs to study this, and then not tell me the results of that study.

By: ook

ook — Thu, 06 Dec 2012 06:45:49 -0800

You needed to know that.

By: VTX

VTX — Thu, 06 Dec 2012 06:46:06 -0800

Men really let themselves go once they hit their 40s. Another possible explanation is that, for men, the primary "person care" expenses have to do with their hair (gel, haircuts, shampoo) and a lot of men go bald.

By: griphus

griphus — Thu, 06 Dec 2012 06:46:50 -0800

Men really let themselves go once they hit their 40s. Which is also when musical instrument purchases peak. There are no such things as coincidences.

By: DU

DU — Thu, 06 Dec 2012 06:47:54 -0800

I like how my social life is measured in admission fees. Oh and I'm pretty sure there's an alternative explanation for why older men might spend less on haircuts. And the lawncare one doesn't necessarily represent more work done, just more work paid for.

By: DU

DU — Thu, 06 Dec 2012 06:49:35 -0800

Ugh and the relevance of math and spending on calculators are related how? These curves are stupid.

By: griphus

griphus — Thu, 06 Dec 2012 06:52:22 -0800

And the lawncare one doesn't necessarily represent more work done, just more work paid for. That would be why it's an expenditure curve and not a work-done curve, yes.

By: shakespeherian

shakespeherian — Thu, 06 Dec 2012 06:56:05 -0800

I like how my social life is measured in admission fees. Well I know that's how I judge you.

By: DU

DU — Thu, 06 Dec 2012 06:58:38 -0800

That would be why it's an expenditure curve and not a work-done curve, yes. The caption on that one was "But grandma's garden always looked nice." But that curve does not support that comment.

By: elizardbits

elizardbits — Thu, 06 Dec 2012 07:04:19 -0800

I like how my social life is measured in admission fees. It's pretty ridiculous, because at least around here, the primary sign of a successful social life is never paying to get in anywhere.

By: shakespeherian

shakespeherian — Thu, 06 Dec 2012 07:04:42 -0800

The person who wrote that caption also does not know my grandmother. Hijinx!

By: Greg Nog

Greg Nog — Thu, 06 Dec 2012 07:05:28 -0800

Mine's measured out in coffee spoons.

By: rmd1023

rmd1023 — Thu, 06 Dec 2012 07:07:28 -0800

Yeah, I'd love to see the way the curves change over time.

By: Greg Nog

Greg Nog — Thu, 06 Dec 2012 07:08:04 -0800

GET OFF MY LAWN

By: Terminal Verbosity

Terminal Verbosity — Thu, 06 Dec 2012 07:22:43 -0800

I have to wait until I'm fifty to buy a men's fur? Drat.

By: 445supermag

445supermag — Thu, 06 Dec 2012 07:24:29 -0800

According to Google Trends, we've passed peak "get off my lawn".

By: enn

enn — Thu, 06 Dec 2012 07:36:44 -0800

Hi, I'm a business writer who doesn't understand the difference between an age effect and a cohort effect!

By: fings

fings — Thu, 06 Dec 2012 07:38:32 -0800

"20-year-olds drink just as much as 70-year-olds." Uh, no. Your data shows 20-year-olds spend as much on drinks as 70-year-olds. But if the 20-year-old is buying cases of Coors, and the 70-year-old getting single-malt...

By: shakespeherian

shakespeherian — Thu, 06 Dec 2012 07:40:20 -0800

Is this thread going to be anything aside from complaining about the captions while ignoring that they were written with tongue in cheek?

By: adamdschneider

adamdschneider — Thu, 06 Dec 2012 07:43:34 -0800

But that curve does not support that comment. Flagged as "let it go".

By: Homeboy Trouble

Homeboy Trouble — Thu, 06 Dec 2012 07:49:44 -0800

If you hate the captions, just look at the PDF. More information, less annoyance. Far as I'm concerned, this is a fascinating set of data, and some idiot business writer has nothing to do with it.

By: Mental Wimp

Mental Wimp — Thu, 06 Dec 2012 08:01:56 -0800

One that deserves deeper delving is the Smoking curve.. You mean this one?: LOLSMOKERS This curve is driven by the much more rapid rate of death among smokers, noticeable beginning around age 50 and accelerating after that. By age 80, the costs are diluted almost 7-fold, which is about right given the relative all-cause mortality hazard.

By: achrise

achrise — Thu, 06 Dec 2012 08:21:08 -0800

My observation after a quick review was that most of these had absolute or minor peaks around 50-55. Maybe that's just when you're able and comfortable spending. I can relate, 'cause I'm there.

By: elizardbits

elizardbits — Thu, 06 Dec 2012 09:22:23 -0800

Is this thread going to be anything aside from complaining about the captions while ignoring that they were written with tongue in cheek? no never

By: stbalbach

stbalbach — Thu, 06 Dec 2012 10:08:17 -0800

These curves are actually quite useful for predicting big social trends. For example we know there are two large generational cohorts, the Baby Boomers (50+) and their children the Millennials (-30) who are actually bigger than the Boomers. As these cohorts move through the curves graphed here, they literally create and destroy markets. As a market-based society, we can plot things out and determine where we are today compared to where we will be in the future. This would need some software using demographic data but should be possible to show expansion and contraction of markets into the future.

By: Triplanetary

Triplanetary — Thu, 06 Dec 2012 10:25:01 -0800

I keep hearing that advertisers are only interested in the 18-34 year old audience. From these graphs it looks like should go after people in their 50s instead.

By: straight

straight — Thu, 06 Dec 2012 11:02:29 -0800

I keep hearing that advertisers are only interested in the 18-34 year old audience. From these graphs it looks like should go after people in their 50s instead. Maybe the advertisers just think 18-34 year-olds are the most susceptible to advertising. A guy in his 50's has probably decided pretty definitively which toothpaste he likes and which razor he prefers to shave with.

By: madcaptenor

madcaptenor — Thu, 06 Dec 2012 13:14:20 -0800

I'm actually surprised by the air travel curve - I seem to see mostly people in their 20s and 30s when I fly.

By: pwnguin

pwnguin — Thu, 06 Dec 2012 17:03:10 -0800

I like how the cigarette curve is smooth, but the alcohol has a 20 year divot. I presume this is the "responsible adult" phase of life that ends when your kids hit college.

By: pwnguin

pwnguin — Thu, 06 Dec 2012 17:11:48 -0800

Indeed, some of the more obvious charts (college tuition) leads me to gather you don't buy the following things when you have kids in the house: alcohol, china, glassware, cars, watches and nice clothes. Sadly, nothing amusing / insightful.

By: Bron

Bron — Thu, 06 Dec 2012 18:32:36 -0800

These curves are actually quite useful for predicting big social trends... Exactly. And according to Mr. Dent, demographics are about to crash the economy.

By: Homeboy Trouble

Homeboy Trouble — Thu, 06 Dec 2012 21:33:29 -0800

Exactly. And according to Mr. Dent, demographics are about to crash the economy. Oh, THAT H.S. Dent. The one who put out Roaring 2000s about three months before the dot-com bubble burst, then more recently a guide on how to prosper during the great boom of 2006-2010. The investment world's Dick Morris; the stopped clock that is only right once every other day.