Marketwatch Oct 22, 2017
When Coco Layne, a Brooklyn-based producer, meets someone new these
days, the first question that comes up in conversation isn’t “Where do
you live?” or “What do you do?” but “What’s your sign?”
“So many
millennials read their horoscopes every day and believe them,” Layne,
who is involved in a number of nonreligious spiritual practices, said.
“It is a good reference point to identify and place people in the
world.”
Interest in spirituality has been booming in recent years
while interest in religion plummets, especially among millennials. The
majority of Americans now believe it is not necessary to believe in God
to have good morals, a study from Pew Research Center released
Wednesday found. The percentage of people between the ages of 18 and 29
who “never doubt existence of God” fell from 81% in 2007 to 67% in 2012.
Meanwhile, more than half of young adults in the U.S. believe astrology is a science.
compared to less than 8% of the Chinese public. The psychic services
industry — which includes astrology, aura reading, mediumship,
tarot-card reading and palmistry, among other metaphysical services —
grew 2% between 2011 and 2016. It is now worth $2 billion annually,
according to industry analysis firm IBIS World.
Melissa Jayne, owner of Brooklyn-based “metaphysical boutique” Catland, said she has seen a major uptick in interest in the occult in the past five years, especially among New Yorkers in their 20s. The store offers workshops like “Witchcraft 101,” “Astrology 101,” and a “Spirit Seance.”
“Whether it be spell-casting, tarot, astrology, meditation and trance, or herbalism, these traditions offer tangible ways for people to enact change in their lives,” she said. “For a generation that grew up in a world of big industry, environmental destruction, large and oppressive governments, and toxic social structures, all of which seem too big to change, this can be incredibly attractive.”
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