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Latino Factoids
Posted Nov 12, 2008
Latinos account for 15 percent of the U.S. population. Between 1990 and 2007, the Latino population increased 100 percent, compared with a 21 percent increase for the entire population. (Source: U.S. Census Bureau)
From 1993 to 2004, the proportion of the Latino population age 25 and older with a bachelor's degree increased from 9 percent to 13 percent; 17.3 percent of Blacks have bachelor's degrees, compared with 27.6 percent of whites.
Fifty percent of Latinos are homeowners. Compared with 69 percent of non-Latinos; this is up from 41 percent in 1994. (Source: Consumer Expenditure Survey)
Growth of Latino buying power: $212 billion in 1990, $489 billion in 2000, $862 billion in 2007, $1.2 trillion in 2012; the nation's total buying power will ruse from $4.3 trillion in 1990 to $7.2 trillion in 2000, to $10 trillion in 2007, and to $13 trillion in 2012. (Source: Selig Center for Economic Growth at the University of Georgia)
Between 1997 and 2002, the number of Latino business owners grew 31 percent; this is three times faster than the 10 percent increase for all U.S firms.
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