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Baby Boomer Deaths Could Mean Fewer Hearses for Sale

October 17, 2008 | | Comments 0

As the “baby boomer” generation starts dying off, hearses for sale will likely be a hot commodity as funeral directors will need more funeral cars to meet the growing demand.

Despite the current economic problems, one of the main topics of discussions at the recent National Funeral Directors Association convention focused on the upcoming “windfall” for the industry. The death rate in the United States is projected to rise very soon as people born between 1946 and 1964 start dying. Analysts figure the rates will rise from the current 8.1 per 1,000 to almost 11 for every 1,000 people each year.

The funeral home industry is currently an 11 billion dollar industry each year. Those figures are expected to skyrocket. “It sounds kind of morbid, but they are looking at boom times,” said a spokesperson for a marketing research firm that works with the funeral industry in a variety of ways. “They’re just sort of waiting for the baby boomers to start dying off.”

This just goes to show that the adage is true: There are only two things that are certain in life – death and taxes. And when the former occurs, you definitely need someone there to take care of your needs.

Filed Under: Funeral Cars

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