Relatively speaking, older Americans' attitudes and lifestyles have been less affected by the economic slump than have those of younger Americans. Meantime, the "Threshold Generation," people nearing retirement, have been hardest hit, as they’ve seen their nest eggs shrink the most.
Contrary to the image of Generation Y as the "Net Generation," internet users in their twenties do not dominate every aspect of online life. Gen X is the most likely to shop, bank and look for health information online. And larger percentages of older generations are doing many more activities online.
The share of adult internet users who have a profile on a social networking site has more than quadrupled in the past four years.