Consumer spending is responsible for more than two-thirds of U.S. economic output. Older adults are responsible for a disproportionate share of consumer spending.
Millions of people are living longer in 21st-century America.
One of the more significant labor-force developments of the past quarter century has been the rising participation rate of older Americans.
Long-term services and supports (LTSS) encompass a broad range of assistance. They are needed by people of all ages who cannot function independently due to physical or mental impairments.