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New Hispanic Demographics. We Must Re-Think Latino!!!

This information is from the Wall Street Journal, I hope it help to better appreciate the Latino Market :

·Hispanics now account for more than 15% of the U.S. population

·Hispanics control more disposable income than any other minority group. The figure stands at $860 billion a year and is expected to hit $1.3 trillion by 2012.

·Between 2000 and 2007, 16 states -- among them West Virginia, Illinois and New Jersey -- saw their white population decline, according to the new Census data. Over the same period, whites accounted for a majority of population growth in only 11 states.

·According to the Pew Research Center, whites are projected to make up only 45% of the working-age population in 2050, down from 68% in 2005.

·The center projects that the share of Hispanics in the working-age population will double rising from 14% to 31%.

Read the WSJ article here

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Posted by Real Estate Latino (Bill Arce) on 08/21/2009 07:51 AM

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2 Comments on New Hispanic Demographics. We Must Re-Think Latino!!!

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