>> good morning. we jump into this. we've got this year the youngest millennials are now 23 years old. the oldest are 38. so, most of them are now in the workforce. so, what do numbers like this say about the state of our economy now? >> well, they're troubling numbers right now when it comes to the economy, because millennials have really been hit hard. let's remember, many millennials graduated into the recession, which was a really tough job market back in 2008. and because of that, those who were lucky enough to even get a job, their income has been very, very impacted by this. it's been very low, and they've been playing catch-up, trying to get the kind of salary that baby boomers were having when they were their age. another big factor impacting millennial spending is rising housing costs. so, over 80% of millennials actually live in metropolitan areas, but as you know, frances, when it comes to city rent, it can be very expensive. so, millennials are dealing with the rising cost of rent. and the third major factor that millennials are dealing with is