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Hispanic Economy in Transition - Chapter 8 - Youth
Hispanic Business Inc, June 2008
Hispanics are now the largest ethnic minority in the United States and during the past decade, U.S.
Hispanic purchasing power has rapidly increased.
This report takes an in depth look at how today’s Hispanic Economy is transitioning into an economic power in the U.S.
Chapter 8- Youth
Analyzes a defining characteristic of the U.S. Hispanic market – its youth and its powerful impact upon the U.S. economy and culture
Chapter 8: Youth
- A defining characteristic of the Hispanic market is its youth. Young people under the age of 18 account for almost 34 percent of the U.S. Hispanic population – significantly greater than the 24.6 percent share held by youth in the overall U.S. population.
- In 2006, there were 73.8 million people under the age of 18 in the United States; 20 percent, or 14.95 million, were Hispanic. To place things in perspective, Hispanic youth had a population growth of approximately 1 million in just two years (2004 to 2006). Hispanics under the age of 18 year have emerged as an important consumer segment.
- The U.S. Census Bureau estimates that of the 102.6 million Hispanics expected to be residing in the United States by 2050, more than 29.1 million, or 28.4 percent, will be under the age of 18.
- The rise of the second generation will have immediate consequences for the nation’s school system. The number of second-generation Hispanics ages 5 to 19 is projected to more than double between 2000 and 2020, growing from 4.4 million to almost 9 million. About one in every seven new students enrolling in U.S. schools during this 20-year span will be a second-generation Hispanic.
Customers who bought this item also bought
Hispanic Economy in Transition - Entire Report
Hispanic Economy in Transition - Chapter 1 - Population
Hispanic Economy in Transition - Chapter 2 - Household
Hispanic Economy in Transition - Chapter 3 - Labor Force
Hispanic Economy in Transition - Chapter 9 - Politics
Hispanic Economy in Transition - Chapter 7 - Education
Who We Are: Hispanics
Hispanic Economy in Transition - Chapter 5 - Wealth
Hispanic Economy in Transition - Chapter 4 - Consumer Markets
Hispanic Economy in Transition - Chapter 6 - Business & Entrepreneurship
Hispanic Acculturation Process in the United States 2009
Hispanic Youth Profile Report 2009
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