Hispanics increasing their economic impact

8602376688?profile=originalBlanca Pagan works in banking. Sarah Corona owns a Cuban restaurant, and her husband, Jesus Corona, owns a construction company.

Pagan came from Puerto Rico with her boyfriend in 1995 to find a better life before they could start a family. The Coronas came from Cuba.

Today, they have families and are preparing their children for productive lives here.

This is the future of America.

The rapidly growing Hispanic population has become, and is expected to be, an even greater force in the U.S. economy.

In response to the growth of Hispanic population, retailers in recent years have started catering to Hispanics, said Jim Farrell, assistant professor of finance and economics at Florida Southern College's Barney Barnett School of Business and Free Enterprise.

Many are including aisles with Hispanic foods, targeting that market in advertising, and using more Latino actors and actresses in commercials.

Because Hispanic households tend to be larger, their shopping budgets tend to be bigger. READ MORE

E-mail me when people leave their comments –

You need to be a member of HispanicPro Network to add comments!

Join HispanicPro Network

© COPYRIGHT 1995 - 2020. ALL RIGHTS RESERVED