Nov 12 2004
U.S. Hispanic Economic Clout to Rise to $670B in Six Years
Hispanics will substantially boost their U.S. economic clout over the next several years, according to a study by The Conference Board released Thursday.
The number of Hispanic households is expected to grow at a faster pace than that of any other group in the United States, continuing a demographic explosion that began several decades ago, according to the study.
The number of Hispanic households in the country will climb from 10 million-plus today to 13.5 million by 2010, up from less than 6 million in 1990. These households will control $670 billion in personal income six years from now, according to the study.
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