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Sunday, October 02, 2005

Hispanic Boom

From the Orange County Register:

The Hispanic boom of the first 20 years of the 2000s will be just as powerful as the baby boom of the 1950s and '60s, offering a major business opportunity for those who figure out how to target the community, a series of speakers said at a UCLA conference Wednesday...

[T]he Hispanic community is growing at three times the rate of the rest of the population. It is on average 11 years younger – 26 years old for Hispanics vs. 35 for the nation as a whole. It also has a greater opportunity for income growth, which will give Hispanics more disposable income to spend on goods.

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