MARKET FACTS    
 

 

  • Between 2000 and 2010 the US Hispanic population will grow by 35% while the total US population will grow by 9%.
  • One in every eight US residents in 2005 was Hispanic. By 2008 it will be one in every five.
  • By 2015 the Spanish speaking population in the US will grow by 24%.
  • US Hispanic buying power in 2005 was over $800 billion & expected to surpass $1 trillion by 2008.
  • Median age for US Hispanics is 26 vs. 36 for the general US population.

 

 

ADDITIONAL FACTS:

Ø     The US Hispanic population stems from 20 different countries in addition to Puerto Rico, Spain and Andorra.

Ø     Although Hispanics share a common language & a statistically high common religion (Catholicism); each Spanish speaking country has a very proud history, national pride & linguistic nuance that make them remarkably different. Using any one of these words of phrases could offend a portion of your Hispanic community, harm your product / service & carry a heavy price tag.

 
 

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