U.S. minority groups’ buying power has reached new levels heights and continues to outpace cumulative inflation, according to the latest Multicultural Economy Report from the Selig Center for Economic Growth at The University of Georgia Terry College of Business.
The study, defines “buying power” as the total personal income of residents available after taxes. It does not include dollars that are borrowed or were previously saved.
Highlights
Hispanics are an economic powerhouse. The $1.3 trillion 2014 Hispanic market shows a gain of 155 percent since 2000, which is far greater gain than the 71 percent increase in non-Hispanic buying power and the 76 percent increase in overall buying power since that time. READ MORE AT ATLANTA BUSINESS JOURNAL
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