From Lingerie to Laptops: Kid-free Mexican Couples Fuel Spending Boom Alexandra Alper and Elinor Comlay - Reuters
go to original July 15, 2013

With increasing per capita income, the aspirations of the 35 - 45 million Mexican middle class are similar to the middle class in the United States. Douglas Dillon Fellow for Latin America Studies, Council on Foreign Relations says: The emergence of the middle class is a game changes for the Mexican economy. (mexicotoday)

MEXICO CITY - While their parents may have scrimped and saved to raise small armies of children on a single paycheck, growing numbers of high-earning Mexican couples are putting the department store before the baby carriage.

Couples with dual incomes but no kids, or "Dinks," are on the rise in Mexico, nearly doubling since 2005. They are buoying a growing high-end goods market, splashing out on everything from expensive lingerie to home decor.

Though just over a million in number, the couples are a gold mine for leading brands, and their spending habits are shoring up consumer demand as Mexico's economy cools.

Read the rest at Reuters

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