EXPLOSIVE GROWTH FOR USA HISPANICS:
THE BIGGEST MINORITY SECTOR
US is 5th largest Spanish population in the world
Growing 5X faster than the rest of the population
13% of the total USA today.
Up over 140% in last 20 years.
By 2017, 1 of 4 Americans will be of Hispanic descent
HUGE SPENDING POWER:$736 billion
Expected to reach $1.1 Trillion by 2010
Up 3X faster that the national rate over past decade
USA Hispanics are an increasingly important consumer group
Hispanic workers in the U.S. have and will continue to increase dramatically. (+ 47% from 1990 to 2000). Hispanics account for 11% of labor force in 2000
Between 2000 and 2010, an estimated 33 million Hispanics will enter the workforce and represent 13.3% of the workforce
Among 2001 Hispanic high school graduates who enrolled in college, 49.3% held jobs compared to 41.7% for anglo graduates
Hispanics (16+ in age) have the highest labor participation rates among all groups (69% vs. 66% average)
Sources: HispanTelligence ® 2004, 2001 Census Bureau Data, U.S. Bureau of Economic Analysis 2002, U.S. Census Bureau; Bureau of Labor statistics
