Conference Board Report Shows Americans Have Money to Spend

* Baby boomers (born between 1946 and 1964) have the highest average discretionary income ($29,754), followed by Generation X (born between 1965 and 1981) with an average of $22,562;

* Nearly 60 percent of all U.S. households have earnings of less than $50,000, but 29 percent of these households have discretionary income; they account for only 3 percent of aggregate discretionary income with an average discretionary income of $1,900; and

* Households with earnings in excess of $200,000 account for only 3 percent of the U.S. population and 5 percent of households with discretionary income; but the group has 38 percent of the aggregate discretionary income with an average of $173,613, which is more than seven times the national average.

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