Hispanic purchasing power in U.S. is $1 trillion strong and growing..outpacing blacks
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bornnraisedoffCMR
Members Posts: 1,073 ✭✭
Hispanic purchasing power in U.S. is $1 trillion strong and growing
2010/03/16
The Infoshop by Global Information would like to present a new market research report, "Share of Wallet: Hispanics - US - February 2010" by Mintel International Group Ltd,.
Hispanic purchasing power in the U.S. is growing faster than the purchasing power of any other group. Research and analysis shows that Hispanic families overspend on groceries compared to non-Hispanic. Moreover, Hispanics also spend more on telephony than any other group in the US. Purchasing power among the diverse Hispanic population is currently valued at approximately $1 trillion.
The economic profile of a Hispanic consumer is dynamic. Whats more is that Hispanic household spending deeply influences sectors such as apparel, footwear, telecommunications, and food and beverage. These industries have created entire initiatives and business models around products tailoring to the Hispanic household.
Mintels report explains that central differences in spending patterns between Hispanics and non=Hispanics. This report also examines the key characteristics about the product categories Hispanic households currently spend more on in comparison to non-Hispanic families. Moreover, there is a discussion on the ways in which consumer behaviors of Hispanic households have evolved in light of the current economic situation.
smh
Black 1 Trillion
Comments
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bornnraisedoffCMR wrote: »
That's good, expected considering their population is growing very rapidly. No surprise here. -
kingblaze84 wrote: »That's good, expected considering their population is growing very rapidly. No surprise here.
Bout even with us. But our growth has been pretty stagnant for years. -
bornnraisedoffCMR wrote: »Bout even with us. But our growth has been pretty stagnant for years.
Yeah, blacks have the highest abortion rates in the country. We're pretty liberal when it comes to sex, unfortunately.....at least the blacks that I know...... -
kingblaze84 wrote: »Yeah, blacks have the highest abortion rates in the country. We're pretty liberal when it comes to sex, unfortunately.....at least the blacks that I know......
lol, Im talkin economic growth. -
....and these are the people the Fox News crowd is hell-bent on alienating
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bornnraisedoffCMR wrote: »lol, Im talkin economic growth.
Oh that kind of growth, lol.....I gotta do some research on that. I couldv'e sworn economic growth in the black community has grown though, as well as the amount of black owned businesses, but if I'm wrong I'll admit so. -
If black people shared hispanic ideals and values in regards to family and community we would be much better off
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AntonLATroy wrote: »If black people shared hispanic ideals and values in regards to family and community we would be much better off
I agree 100%, minus all the molesting Hispanics do with their daughters. -
kingblaze84 wrote: »i agree 100%, minus all the molesting hispanics do with their daughters.
rofl............... -
AntonLATroy wrote: »If black people shared hispanic ideals and values in regards to family and community we would be much better off
if black people stop taking everyone elses advice and stuck true to their own roots and principles, we would be much better off. -
Hyde Parke wrote: »if black people stop taking everyone elses advice and stuck true to their own roots and principles, we would be much better off.
And that would be........................ -
bornnraisedoffCMR wrote: »+
And that would be........................
i knew that was coming, i just knew it! and thats sad, because thats the biggest problem we have, not knowing who we truly are. I wont derail your thread topic. I will make another thread on this later. -
Imagine what would happen if they also counted those illegals - I know ya'll see those men in front of Home Depot....
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kingblaze84 wrote: »I agree 100%, minus all the molesting Hispanics do with their daughters.
Me and my dude was just talkin about that the other day...Latino's got a thing for them lil pre-teen girls. -
Hyde Parke wrote: »i knew that was coming, i just knew it! and thats sad, because thats the biggest problem we have, not knowing who we truly are. I wont derail your thread topic. I will make another thread on this later.
Cool, Im not disagreeing with you. I just want to know what you consider our roots and principles. Help a lost ? out and make that thread. -
It's not power if it's never used. Black people haven't used purchase power since the 80's
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Mr.AllenTemple wrote: »Me and my dude was just talkin about that the other day...Latino's got a thing for them lil pre-teen girls.
Oh yeah.....I could tell many stories about what I've heard Latina women tell me BUUUUUUUUUUUUUUUT I'll keep all that to myself. I don't wana start a race war right now.