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Published by: Packaged Facts
Published: Mar. 1, 2009 - 286 Pages Special offer: now 20% off original price of $3,850
Table of Contents- Chapter 1 Executive Summary
- Introduction
- Background
- Overview of the Report
- Scope of Report
- Methodology
- Trends and Opportunities
- Hispanics Change Face of U.S. Society at Accelerating Rate
- Acculturation Key Factor in Marketing Strategies
- Latino Identity Transcends Language
- Young Latinos Look for Bicultural Marketing Cues
- Media Fragmentation Affects Hispanic Market
- Gen-X and Gen-Y Latinos Represent Largest Segment
- Hispanics Offer Opportunities across Wide Range of Industries
- Market Overview
- Hispanic Buying Power Nears $1 Trillion
- Buying Power of Latinos Will Show 31% Increase by 2013
- Latinos Account for Growing Share of Consumer Expenditures
- Hispanic Population Today
- Latinos Now Account for Half of U.S. Population Growth
- Hispanic Population Will Continue to Grow at Above-Average Rate
- Mexicans Continue to Dominate
- Smaller Hispanic Segments Gain in Importance
- Nearly Half of All Latinos Live in California and Texas
- Los Angeles and New York Have Nearly 10 Million Latino Residents
- Hispanic National Segments Tend to Settle near Their Own
- Hispanics Younger than Other Americans
- Family Households Predominate among Latinos
- Hispanic Households and Families Much Larger
- Economic Profile of Hispanics
- College Education Remains Elusive for Many Hispanics
- Hispanic Men Less Likely to Hold White-Collar Jobs
- Occupational Patterns Differ across National Segments
- Household and Family Income More Favorable than Per Capita Income
- One in Five Hispanic Households Has Income of $75K or More
- High Earners More Scarce among Latinos
- Cuban Men Earn More than Other Men in Major Hispanic National Segments
- Major Differences in Homeownership Rates
- Acculturation Trends
- Hispanic Immigration Slows
- Mexico Source of Most Legal and Illegal Immigrants
- Native-Born Latinos Now Account for Most Hispanic Population Growth
- Most Latinos Were Born in the United States
- Size of Foreign-Born Segment Varies across National Segments
- Most Latinos Speak English
- Spanish Language Remains Vital Force
- Puerto Ricans Most Likely to Speak English Only
- Profiles of Hispanic National Segments
- Mexicans
- Puerto Ricans
- Cubans
- Salvadorans
- Dominicans
- Guatemalans
- Colombians
- Core Values of Hispanics
- Attitudes toward Family and Friends Differ
- Latinos Love to Indulge Their Kids
- Gen-Y Latino Males More Connected to Religion
- Older Hispanic Boomers More Careful about Political Expression
- How Hispanics Manage and Spend Money
- Hispanics Less Likely to Use Banking Services
- Gen-X Latinos More Likely to Pay Bills Online
- Gen-Y Latinos Much Less Likely to Depend on Credit
- Investments Scarce
- Gen-X Latinos Most Likely to Send Money outside U.S
- Hispanic Men of All Ages Are Shopaholics
- Hispanic Kids Play Major Role in Family Shopping Expeditions
- Strong Interest in Environmentally Friendly Products
- Hispanic Consumer Expenditure Patterns Analyzed
- Highlights of Consumer Behavior
- Hispanic Women More Cautious than Hispanic Men about Buying Clothes
- Latino Gen-Xers Far More Likely to Buy Clothes for Kids
- Hispanic Men Favor Hair Products and Cologne, Latinas More Likely to Use Makeup
- Latino Boomers Look for Organic Food
- Hispanic Men in Younger Boomer Generation Worry about Their Weight
- Kitchen the Centerpiece of Typical Hispanic Home
- Hispanics Resist Trying Out New Foods
- Store-Made Meals Appeal to Gen-Y and Gen-X Hispanic Males
- Snacking Not a Part of Hispanic Eating Habits
- Visits to the Doctor Less Frequent
- Latinos Less Likely to Use Medications
- Brand Names Important When Picking Drugs
- Pharmaceutical Ads Work Well with Latinos
- High-Priced Drugs Seen as the Best
- How Hispanics Spend Leisure Time
- Soccer Leading Sport among Hispanic Men
- Television Sets at the Center of Latino Households
- Cellphones Gain among Hispanics
- Latinos in Gen-X and Younger Boomer Generations Heaviest Users of Pre-paid Calling Cards
- Nearly 70% of Hispanic Households Have Computer
- More Hispanics Turn to Internet for Family Entertainment
- Internet Usage Remains Lower
- Young Hispanic Men Go Out More
- More Hispanics Are Frequent Moviegoers
- Media and Advertising
- Latina Boomers Look to Magazines for Entertainment
- Gen-Y Latinas Look to TV as Main Entertainment Source
- Digital Cable More Common among Hispanic Cable Subscribers
- Differences in Viewing Habits Remain across Generations
- Gen-Y Hispanic Males Least Likely to Listen to Radio Every Day
- Contemporary Hit Radio Most Popular English-Language Format
- Many Latinos Participate in Digital Media Revolution
- Hispanics More Open to TV Commercials
- Latinos OK with Advertising to Kids
- Latinos More Receptive to Product Placement
- Section I Overview
- Chapter 2 Trends and Opportunities
- Market Trends
- Hispanics Change Face of U.S. Society at Accelerating Rate
- Table 2-1: Hispanic Population as Percent of Total U.S. Population and Population Growth, 2010-2050
- Latinos Account for Increasing Share of Consumer Spending
- Table 2-2: Aggregate Consumer Expenditures by Hispanics and Non-Hispanics, 1995 vs. 2007
- Latinos Feel Impact of Recession
- Some Hispanic Marketers See Silver Lining in Dark Economic Clouds
- Kids and Teens Markets on Cutting Edge of Growing Hispanic Influence
- Table 2-3: Live Births to Hispanics as Percent of Total Number of Live Births, 1990-2006
- Table 2-4: Hispanics as Percent of People under 20 Years by 5-Year Age Group, 1990 vs. 2007
- Cultural Ties Bind Multiple Generations of Latinos
- Acculturation Key Factor in Marketing Strategies
- Table 2-5: Selected Attitudinal and Behavioral Differences among Hispanics by Level of Acculturation
- Latino Identity Transcends Language
- Understanding Cultural Nuances Important to Marketers
- Young Latinos Look for Bicultural Marketing Cues
- Media Fragmentation Affects Hispanic Market
- Table 2-6: Language and Media Usage by Hispanics by Level of Acculturation
- Cable Operators Expand Offerings for Latino Viewers
- Online Marketing to Hispanics Expands
- Mobile Marketing to Hispanics Gets Boost
- Direct Mail Gains Favor
- Retailers Strive To Be Culturally Relevant
- Brown-Foreman Targets Different Segments
- Toyota Launches Two Contrasting Campaigns
- Market Opportunities
- Gen-X and Gen-Y Latinos Represent Largest Segment
- Table 2-7: Selected Opportunities Related to Gen-Y and Gen-X Hispanics ..
- Non-Traditional Banking Services Present Opportunities with Hispanics
- Table 2-8: Selected Opportunities Related to Use of Financial Services by Hispanics
- Hispanics Major Consumers of Telecommunications Services
- Hispanic Shoppers Deserve Attention
- Table 2-9: Selected Opportunities Related to Shopping Patterns of Hispanic Consumers
- Latinos Offer Opportunities for Home Improvement and Home Furnishings Industries
- Table 2-10: Selected Opportunities Related to Purchase of Home Improvements and Home Furnishings by Hispanic Consumers
- Latinos Underserved by Organic and Natural Foods Marketers
- Health and Wellness Needs of Hispanics Offer Potential
- Table 2-11: Selected Opportunities Related to Purchase of Pharmaceutical Products by Hispanic Consumers
- More than Seven Million Hispanics Plan to Buy Home Computer
- Table 2-12: Selected Opportunities Related to Purchase of Consumer Electronics by Hispanic Consumers
- Hispanics Participate in Digital Media Revolution
- Table 2-13: Selected Opportunities Related to Digital Media and Entertainment Habits of Hispanic Consumers
- Fashion and Personal-Care Preferences of Hispanic Consumers Generate Opportunities
- Table 2-14: Selected Opportunities Related to Apparel and Personal-Care Product Purchases of Hispanic Consumers
- Chapter 3 Market Overview
- Hispanic Buying Power
- Buying Power Used as Market Metric
- Hispanic Buying Power Nears $1 Trillion
- Table 3-1: Hispanic Buying Power by National Segment, 2008
- Gen-X Latinos Wield Most Buying Power
- Table 3-2: Hispanic Buying Power by Age Group, 2008
- Buying Power of Latinos Will Show 31% Increase by 2013
- Table 3-3: Projected Growth in Hispanic Buying Power, 2008-2013
- Los Angeles and New York Most Lucrative Hispanic Metro Markets
- Table 3-4: Top 25 Hispanic Markets Ranked by Aggregate Income, 2007
- Latinos in Washington, D.C and Miami Have Highest Per Capita Spending Power
- Table 3-5: Top 25 Hispanic Markets Ranked by Per Capita Income, 2007
- Aggregate Spending of Hispanic Consumers
- Hispanic Consumer Units Defined
- Hispanics Spend $45 Billion to Eat at Home
- Table 3-6: Aggregate Annual Expenditures by Hispanic Consumer Units for Food at Home
- Expenditures for Household Furnishings Top $17 Billion
- Table 3-7: Aggregate Annual Expenditures by Hispanic Consumer Units for Household Furnishings and Equipment
- Latinos Represent Major Market Segment for Apparel Industry
- Table 3-8: Aggregate Annual Expenditures by Hispanic Consumer Units for Apparel and Services
- Hispanics Buy $18 Billion Worth of New Cars
- Table 3-9: Aggregate Annual Expenditures by Hispanic Consumer Units for Vehicle Purchases and Related Expenses
- Entertainment Expenditures Exceed $23 Billion
- Table 3-10: Aggregate Annual Expenditures by Hispanic Consumer Units for Entertainment
- Personal-Care Products and Services Attract $7 Billion from Latino Consumers
- Table 3-11: Aggregate Annual Expenditures by Hispanic Consumer Units for Personal-Care Products and Services, Reading Materials, and Education
- Health Care Expenditures Total $21 Billion
- Table 3-12: Aggregate Annual Expenditures by Hispanic Consumer Units for Health Care
- Section II Demographic Profile
- Chapter 4 The Hispanic Population Today
- Size and Growth of the Hispanic Population
- Latinos Now Account for Half of U.S. Population Growth
- Table 4-1: Population Growth, Hispanics vs. Other Population Segments, 2000-2007
- Table 4-2: U.S. Population by Race and Hispanic Origin, 2007
- Hispanic Population Will Continue to Grow at Above-Average Rate
- Table 4-3: Projected Population Growth, Hispanics vs. Other Population Segments, 2010-2015
- Figure 4-1: Hispanics as Percent of Total U.S. Population, 2015
- National Origin
- Mexicans Continue to Dominate
- Table 4-4: Hispanic Population by Major National Segment, 2007
- Smaller Hispanic Segments Gain in Importance
- Table 4-5: Population Growth Rates of Hispanic National Segments, 2000 vs. 2007
- Geographic Patterns
- Nearly Half of All Latinos Live in California and Texas
- Table 4-6: States with Largest Hispanic Populations, 2007
- Hispanics Most Prevalent in Southwestern and Western States
- Table 4-7: States with Largest Percentage of Hispanics, 2007
- Los Angeles and New York Have Nearly 10 Million Latino Residents
- Table 4-8: Metro Areas with Largest Hispanic Populations, 2007
- New York and Miami More Diverse than Other Major Hispanic Population Centers
- Table 4-9: Top 20 Hispanic Markets by Top 3 Hispanic Segments, 2007
- Hispanic National Segments Tend to Settle near Their Own
- Table 4-10: Largest Population Centers of Major Hispanic National Segments, 2007
- Age and Gender
- Hispanics Younger than Other Americans
- Table 4-11: Population by Selected Age Group, Hispanics vs. Other Population Groups,
- Mexicans Are Youngest, Cubans Are Oldest Latinos
- Table 4-12: Median Age of Selected Hispanic National Segments, 2007
- More Men than Women in Hispanic Population
- Table 4-13: Population by Gender, Hispanics vs. Other Population Groups, 2007
- Household and Family Structure
- Latinas Marry at Younger Age
- Table 4-14: Median Age at First Marriage, Hispanics vs. Others by Gender, 2007
- Divorce Rates Lower
- Table 4-15: Marital Status of People 15 Years Old and Over, Hispanics vs. Others, 2007
- Table 4-16: Marital Status of Males 15 Years Old and Over, Hispanics vs. Others, 2007
- Table 4-17: Marital Status of Females 15 Years Old and Over, Hispanics vs. Others, 2007
- Marriage Least Common among Puerto Ricans and Dominicans
- Table 4-18: Marital Status of Hispanics 15 Years Old and Over by National Segment, 2007
- Table 4-19: Marital Status of Hispanic Men 15 Years Old and Over by National Segment,
- Table 4-20: Marital Status of Hispanic Women 15 Years Old and Over by National Segment,
- Family Households Predominate among Latinos
- Table 4-21: Household Profile, Hispanics vs. Others, 2007
- Mexican Households Most Likely to Consist of Married Couples with Children 84 Table 4-22: Profile of Hispanic Households by Selected National Segment, 2007
- Table 4-23: Profile of Hispanic Households by Selected National Segment, 2007
- Hispanic Households and Families Much Larger
- Table 4-24: Average Household and Family Size, Hispanics by National Segment vs. Others, 2007
- Chapter 5 Economic Profile of Hispanics
- Educational Attainment
- College Education Remains Elusive for Many Hispanics
- Table 5-1: Percent Enrolled in College or Graduate School, Hispanics vs. Others by Gender, 2007
- Table 5-2: Educational Attainment of People 25 Years Old and Over, Hispanics vs. Others by Gender, 2007
- Cubans and Colombians Rate High on Educational Scale
- Table 5-3: Educational Attainment of Hispanics 25 Years Old and Over by National Segment and Gender, 2007
- Employment Patterns
- Hispanic Men Less Likely to Hold White-Collar Jobs
- Table 5-4: Occupations of Men 16 Years Old and Over, Hispanics vs. Others, 2007
- Table 5-5: Occupations of Women 16 Years Old and Over, Hispanics vs. Others, 2007
- Occupational Patterns Differ across National Segments
- Table 5-6: Occupations of Male Hispanics 16 Years Old and Over by National Segment, 2007
- Table 5-7: Occupations of Female Hispanics 16 Years Old and Over by National Segment, 2007
- Income Levels
- Per Capita Income of Latino Lags
- Table 5-8: Per Capita Income, Hispanics vs. Others, 2007
- Cubans Generate High Per Capita Income
- Table 5-9: Per Capita Income, Hispanics by National Segment, 2007
- Household and Family Income Profile More Favorable
- Table 5-10: Household and Family Income Levels, Hispanics vs. Others, 2007
- Table 5-11: Household and Family Income Levels, Hispanics by National Segment, 2007
- One in Five Hispanic Households Has Income of $75K or More
- Table 5-12: Distribution of Household Income, Hispanics vs. Others, 2007
- Table 5-13: Distribution of Family Income, Hispanics vs. Others, 2007
- High Earners More Scarce among Latinos
- Table 5-14: Distribution of Earnings of Full-Time, Year-Round Male Workers, Hispanics vs. Others, 2007
- Table 5-15: Distribution of Earnings of Full-Time, Year-Round Female Workers, Hispanics vs. Others, 2007
- Cuban Men Earn More than Other Men in Major Hispanic National Segments
- Table 5-16: Mean Earnings of Full-Time, Year-Round Male and Female Workers, Hispanics by National Segment, 2007
- Major Differences in Homeownership Rates
- Table 5-17: Percent Owner-Occupied Housing Units, Hispanics by National Segment, 2007
- Chapter 6 Acculturation Trends
- Immigration Trends
- Hispanic Immigration Slows
- Table 6-1: Average Annual Number of Hispanics Obtaining Legal Permanent Resident Status, 1980-1989, 1990-1999, 2000-2007
- Mexico Source of Most Legal and Illegal Immigrants
- Table 6-2: Hispanics Obtaining Legal Permanent Resident Status by Country of Last Residence, 1980-2007
- Table 6-3: Country of Birth of the Unauthorized Immigrant Population, 2007 vs. 2000
- Native-Born Latinos Now Account for Most Hispanic Population Growth
- Table 6-4: Components of Population Increase April 1, 2000-July 1, 2007, Hispanics vs. Others
- Most Latinos Were Born in the United States
- Table 6-5: Percent of Hispanic Population Foreign-Born by Year of Entry and Age Group
- Table 6-6: Percent of Hispanic Males Foreign-Born by Year of Entry and Age Group
- Table 6-7: Percent of Hispanic Females Foreign-Born by Year of Entry and Age Group
- Size of Foreign-Born Segment Varies across National Segments
- Table 6-8: Percent of Hispanic Population Foreign-Born by National Segment, 2007
- Fewer Recent Immigrants among Cubans and Puerto Ricans
- Table 6-9: Hispanic Immigrants by National Segment and Year of Entry, 2007
- Use of the English Language
- Most Latinos Speak English
- Table 6-10: English-Language Capabilities of Hispanics 5 Years Old and Over, 2007
- Spanish Language Remains Vital Force
- Table 6-11: Language Capabilities of Native-Born Hispanics 5 Years Old and Over, 2007
- Table 6-12: Language Capabilities of Foreign-Born Hispanics 5 Years Old and Over, 2007
- Puerto Ricans Most Likely to Speak English Only
- Table 6-13: Number and Percent of Hispanics 5 Years Old and Over Proficient in English Language by National Segment, 2007
- Spanish Language Prevails in Border Cities
- Table 6-14: Major Hispanic Markets Ranked by Percent of Population Five Years Old and Over Speaking Spanish at Home, 2007
- Chapter 7 Profiles of Hispanic National Segments
- Mexicans
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-1: Metro Areas Ranked by Size of Mexican Population, 2007
- Table 7-2: Profile of the Mexican Segment of the Hispanic Market
- Puerto Ricans
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-3: Metro Areas Ranked by Size of Puerto Rican Population
- Table 7-4: Profile of the Puerto Rican Segment of the Hispanic Market
- Cubans
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-5: Metro Areas Ranked by Size of Cuban Population
- Table 7-6: Profile of the Cuban Segment of the Hispanic Market
- Salvadorans
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-7: Metro Areas Ranked by Size of Salvadoran Population
- Table 7-8: Profile of the Salvadoran Segment of the Hispanic Market
- Dominicans
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-9: Metro Areas Ranked by Size of Dominican Population
- Table 7-10: Profile of the Dominican Segment of the Hispanic Market
- Guatemalans
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-11: Metro Areas Ranked by Size of Guatemalan Population
- Table 7-12: Profile of the Guatemalan Segment of the Hispanic Market
- Colombians
- Population Profile
- Language and Acculturation
- Marriage Patterns and Family Structure
- Education and Employment
- Economic Profile
- Table 7-13: Metro Areas Ranked by Size of Colombian Population
- Table 7-14: Profile of the Colombian Segment of the Hispanic Market
- Chapter 8 Core Values of Hispanics
- Personal Values
- Fatalism Part of Hispanic Worldview
- Table 8-1: Attitudes toward Life, Hispanics vs. Non-Hispanics by Age Group and Gender
- Attitudes toward Family and Friends Differ
- Table 8-2: Attitudes toward Family and Friends, Hispanics vs. Non-Hispanics by Age Group and Gender
- Latinos Love to Indulge Their Kids
- Table 8-3: Attitudes toward Indulging Children, Hispanics vs. Non-Hispanics by Age Group and Gender
- Money More Likely to Drive Older Latinos
- Table 8-4: Attitudes toward Work and Money, Hispanics vs. Non-Hispanics by Age Group and Gender
- Attitudes toward Religion
- Gen-Y Latino Males More Connected to Religion
- Table 8-5: Attitudes toward Religion, Hispanics vs. Non-Hispanics by Age Group and Gender
- Catholicism Still Important Force among Latinos
- Figure 8-1: Religious Preferences of Hispanics
- Figure 8-2: Religious Preferences of Non-Hispanics
- Political and Social Values
- Hispanics Less Likely to Identify as Conservative and Republican
- Table 8-6: Political Affiliation, Hispanics vs. Non-Hispanics by Age Group .
- Older Hispanic Boomers More Careful about Political Expression
- Table 8-7: Selected Political Opinions, Hispanics vs. Non-Hispanics by Age Group and Gender
- Hispanics Give High Priority to Recycling
- Table 8-8: Attitudes toward Recycling, Hispanics vs. Non-Hispanics by Age Group and Gender
- Section III The Hispanic Consumer: A Generational View
- Chapter 9 How Hispanics Manage and Spend Money
- Personal Finances
- Hispanics Less Likely to Use Banking Services
- Table 9-1: Use of Banking Services, Hispanics vs. Non-Hispanics by Age Group
- Gen-X Latinos More Likely to Pay Bills Online
- Table 9-2: Methods Used to Pay Bills, Hispanics vs. Non-Hispanics by Age Group
- Department Store Credit Cards Popular among Hispanics
- Table 9-3: Type of Credit Card Used, Hispanics vs. Non-Hispanics
- Gen-Y Latinos Much Less Likely to Depend on Credit
- Table 9-4: Percent with Loans, Hispanics vs. Non-Hispanics by Age Group.159 Bank of America Tops in Hispanic Market
- Table 9-5: Banks Used in Last 12 Months, Hispanics vs. Non-Hispanics
- Older Latino Boomers Turn to Insurance Policies
- Table 9-6: Percent with Insurance Policies by Type of Policy, Hispanics vs. Non-Hispanics by Age Group
- Investments Scarce
- Table 9-7: Types of Investments Owned, Hispanics vs. Non-Hispanics
- Gen-X Latinos Most Likely to Send Money Home
- Table 9-8: Percent Sending Money within and outside the United States in Last 12 Months, Hispanics vs. Non-Hispanics by Age Group
- Table 9-9: Methods Used by Hispanics Sending Money in Last 12 Months
- Shopping Behavior
- Hispanic Men of All Ages Are Shopaholics
- Table 9-10: Attitudes toward Shopping, Hispanics vs. Non-Hispanics by Age Group and Gender
- Gen-Y Latino Men Most Likely to Visit Malls Frequently
- Table 9-11: Frequency of Shopping, Hispanics vs. Non-Hispanics by Gender and Age Group
- Table 9-12: Percent Shopping at Home Electronics, Home Furnishing and Houseware and Home Improvement Stores in last 3 Months, Hispanics vs. Non-Hispanics by Gender and Age Group
- Gen-X Hispanic Men Most Likely to Go Shopping with Families
- Table 9-13: Shopping as a Social Event, Hispanics vs. Non-Hispanics by Age Group and Gender
- Hispanic Kids Play Major Role in Family Shopping Expeditions
- Table 9-14: Impact of Children on Consumer Behavior, Hispanics vs. Non-Hispanics by Age Group and Gender
- Sales Less Likely to Attract Hispanic Shoppers
- Table 9-15: Attitudes toward Sales and Bargains, Hispanics vs. Non-Hispanics by Age Group and Gender
- Incentive Offers Fail to Sway Latino Consumers
- Figure 9-1: Percent of Households Responding to Incentive Offers, Hispanics vs. Non-Hispanics
- Table 9-16: Impact of Incentive Offers, Hispanics vs. Non-Hispanics by Age Group
- Gen-Y Hispanic Men Look for Approval When Buying
- Table 9-17: Consumer Autonomy, Hispanics vs. Non-Hispanics by Age Group and Gender
- Strong Interest in Environmentally Friendly Products
- Table 9-18: Interest in Buying Environmentally Friendly Products, Hispanics vs. Non-Hispanics by Age Group and Gender
- Sears and Macy’s Attracts More Hispanic Shoppers
- Table 9-19: Department/Discount Stores Shopped in Last 3 Months by Men, Hispanic vs. Non-Hispanics
- Table 9-20: Department/Discount Stores Shopped in Last 3 Months by Women, Hispanic vs. Non-Hispanics
- Online Shopping Less Popular
- Table 9-21: Attitudes toward Online Shopping, Hispanics vs. Non-Hispanics by Age Group and Gender
- Figure 9-2: Percent of Men Placing Internet Order in Last 12 Months, Hispanics vs. NonHispanics
- Figure 9-3: Percent of Women Placing Internet Order in Last 12 Months, Hispanics vs. Non-Hispanics
- Consumer Expenditure Patterns
- Hispanic Consumer Units Have Different Profile
- Table 9-22: Characteristics of Consumer Units, Hispanic Consumer Units vs. Non-Hispanic Consumer Units
- Hispanics Spend Greater Share of After-Tax Income
- Table 9-23: Expenditures of Hispanic Consumer Units as Percent of After-Tax Income
- Hispanic Consumer Expenditure Patterns Analyzed
- Table 9-24: Consumer Expenditures Categories for Which Hispanics Spend More than Non-Hispanic Consumer Units
- Chapter 10 Highlights of Consumer Behavior
- Fashion and Personal Care
- Hispanic Men Are Fashion-Forward
- Table 10-1: Attitudes toward Fashion, Hispanics vs. Non-Hispanics by Age Group and Gender
- Hispanic Women More Cautious than Hispanic Men about Buying Clothes.
- Table 10-2: Shopping for Clothes, Hispanics vs. Non-Hispanics by Age Group and Gender
- Clothing Purchases Analyzed
- Table 10-3: Clothing Items and Accessories Bought in Last 12 Months by Men, Hispanic vs. Non-Hispanic
- Table 10-4: Clothing Items and Accessories Bought in Last 12 Months by Women, Hispanic vs. Non-Hispanic
- Latino Gen-Xers Far More Likely to Buy Clothes for Kids
- Table 10-5: Purchase of Children’s Clothing, Hispanics vs. Non-Hispanics by Gender and Age Group
- Hispanic Men Favor Hair Products and Cologne
- Table 10-6: Use of Personal-Care Products by Men, Hispanic vs. Non-Hispanic
- Latinas More Likely to Use Makeup
- Table 10-7: Use of Personal-Care Products by Women, Hispanic vs. Non-Hispanic
- Eating at Home
- Latino Boomers Look for Organic Food
- Figure 10-1: Percent of Hispanic and Non-Hispanic Men Who Look for Organic/Natural Food When Shopping
- Figure 10-2: Percent of Hispanic and Non-Hispanic Women Who Look for Organic/Natural Food When Shopping
- Hispanic Men in Younger Boomer Generation Worry about Their Weight
- Table 10-8: Attitudes toward Dieting, Hispanics vs. Non-Hispanics by Age Group and Gender
- Kitchen the Centerpiece of Typical Hispanic Home
- Table 10-9: Cooking at Home, Hispanics vs. Non-Hispanics by Age Group and Gender
- Hispanics Resist Trying Out New Foods
- Table 10-10: Attitudes toward New Food Products, Hispanics vs. Non-Hispanics by Age Group and Gender
- Store-Made Meals Appeal to Gen-Y and Gen-X Hispanic Males
- Table 10-11: Percent Eating Frozen and Pre-Cooked Meals, Hispanics vs. Non-Hispanics by Age Group and Gender
- Snacking Not a Part of Hispanic Eating Habits
- Table 10-12: Eating Habits, Hispanics vs. Non-Hispanics by Age Group and Gender
- Health and Wellness
- Visits to the Doctor Less Frequent
- Table 10-13: Attitudes toward Taking Care of Personal Health, Hispanics vs. Non-Hispanics by Age Group and Gender
- Table 10-14: Medical Professionals Consulted in Last 12 Months, Hispanics vs. Non-Hispanics by Gender
- Table 10-15: Use of Medications, Hispanics vs. Non-Hispanics by Gender
- Brand Names Important When Picking Drugs
- Table 10-16: Attitudes toward Brand-Name Medications, Hispanics vs. Non-Hispanics by Age Group and Gender
- Pharmaceutical Ads Work Well with Latinos
- Table 10-17: Impact of Pharmaceutical Ads, Hispanics vs. Non-Hispanics by Age Group and Gender
- High-Priced Drugs Seen as the Best
- Table 10-18: Willingness to Pay for Medications, Hispanics vs. Non-Hispanics by Age Group and Gender
- Alternative Medicine Favored
- Table 10-19: Attitudes toward Alternative Medicine, Hispanics vs. Non-Hispanics by Age Group and Gender
- Chapter 11 How Hispanics Spend Leisure Time
- Overview
- Many Leisure Choices the Same
- Table 11-1: Participation in Leisure Activity/Hobby in Last 12 Months by Men, Hispanic vs. Non-Hispanic
- Table 11-2: Participation in Leisure Activity/Hobby in Last 12 Months by Women, Hispanic vs. Non-Hispanic
- Soccer Leading Sport among Hispanic Men
- Table 11-3: Favorite Sports of Men, Hispanic vs. Non-Hispanic
- Table 11-4: Favorite Sports of Women, Hispanics vs. Non-Hispanics
- Consumer Electronics and Home Entertainment
- Television Sets at the Center of Latino Households
- Table 11-5: Ownership of Selected Consumer Electronic Products, Hispanics vs. Non-Hispanics by Gender and Age Group
- Table 11-6: Ownership of TV Sets, Hispanics vs. Non-Hispanics
- Cellphones Gain among Hispanics
- Table 11-7: Ownership of Cellphones, Hispanics vs. Non-Hispanics by Gender
- Latinos in Gen-X and Younger Boomer Generations Heaviest Users of Pre-paid Calling Cards
- Table 11-8: Long Distance Telephone Calls, Hispanics vs. Non-Hispanics by Gender and Age Group
- Nearly 70% of Hispanic Households Have Computer
- Table 11-9: Profile of Home Computer Ownership and Usage, Hispanics vs. Non-Hispanics by Age Group
- More Hispanics Turn to Internet for Family Entertainment
- Table 11-10: Impact of Internet on Lifestyle, Hispanics vs. Non-Hispanics by Age Group and Gender
- Internet Usage Remains Lower
- Table 11-11: Frequency of Internet Usage, Hispanics vs. Non-Hispanics by Age Group
- Music Downloads More Popular among Latinos
- Table 11-12: Online Activities of Men in Last 30 Days, Hispanic vs. Non-Hispanic
- Table 11-13: Online Activities of Women in Last 30 Days, Hispanic vs. Non-Hispanic
- MySpace Attracts Latinos
- Table 11-14: English-Language Websites Visited in Last 30 Days by Men, Hispanic vs. Non-Hispanic
- Table 11-15: English-Language Websites Visited in Last 30 Days by Women, Hispanic vs. Non-Hispanic
- Going Out
- Young Hispanic Men Go Out More
- Table 11-16: Attendance at Live Entertainment Events in Last 12 Months, Hispanics vs. Non-Hispanics by Gender and Age Group
- More Hispanics Are Frequent Moviegoers
- Table 11-17: Movie Attendance, Hispanics vs. Non-Hispanics by Gender and Age Group
- Fast Food Valued by Latinos
- Figure 11-1: Use of Fast Food Restaurants in Last 3 Months by Hispanics and Non-Hispanics
- Table 11-18: Attitudes toward Fast Food, Hispanics vs. Non-Hispanics by Age Group and Gender
- Fast Food Choices Differ
- Table 11-19: Fast Food Restaurants Visited the Most, Hispanics vs. Non-Hispanics
- Denny’s a Hit with Latinos
- Figure 11-2: Use of Family Restaurants in Last 3 Months by Hispanics and Non-Hispanics
- Table 11-20: Family Restaurants Visited the Most, Hispanics vs. Non-Hispanics
- Chapter 12 Media and Advertising
- Print Media
- Latina Boomers Look to Magazines for Entertainment
- Table 12-1: Attitudes toward Print Media, Hispanics vs. Non-Hispanics by Age Group and Gender
- Substantial Overlap in Magazine Choices of Hispanic and Other Men
- Table 12-2: Favorite English-Language Magazines of Men, Hispanic vs. Non-Hispanic by Age Group
- More Differences in Magazine Preferences of Women
- Table 12-3: Favorite English-Language Magazines of Women, Hispanic vs. Non-Hispanic by Age Group
- Television
- Gen-Y Latinas Look to TV as Main Entertainment Source
- Table 12-4: Attitudes toward Television, Hispanics vs. Non-Hispanics by Age Group and Gender
- Digital Cable More Common among Hispanic Cable Subscribers
- Table 12-5: Access to Cable TV, Hispanics vs. Non-Hispanics
- Table 12-6: Premium Cable Channels Currently Have, Hispanics vs. Non-Hispanics
- HBO Gets Nod from Hispanic Viewers
- Differences in Viewing Habits Remain across Generations
- Table 12-7: English-Language Cable TV Channels Watched by Men in Last 7 Days, Hispanic vs, Non-Hispanic
- Table 12-8 English-Language Cable TV Channels Watched by Women in Last 7 Days, Hispanic vs. Non-Hispanic
- Table 12-9: English-Language Cable TV Channels Watched by Men in Last 7 Days, Hispanic vs. Non-Hispanic by Age Group
- Table 12-10: English-Language Cable TV Channels Watched by Women in Last 7 Days, Hispanic vs. Non-Hispanic by Age Group
- Radio
- Gen-Y Hispanic Males Least Likely to Listen to Radio Every Day
- Table 12-11: Attitudes toward Radio, Hispanics vs. Non-Hispanics by Age Group and Gender
- Contemporary Hit Radio Most Popular English-Language Format
- Table 12-12: Most Popular Radio Formats of Men, Hispanic vs. Non-Hispanic
- Table 12-13: Most Popular Radio Formats of Women, Hispanic vs. Non-Hispanic
- Digital Media
- Traditional Media Maintain Hold on Hispanics
- Table 12-14: Impact of Internet on Traditional Media Usage, Hispanics vs. Non-Hispanics by Age Group and Gender
- Many Latinos Participate in Digital Media Revolution
- Table 12-15: Online Activities of Men in Last 30 Days, Hispanic vs. Non-Hispanic
- Table 12-16: Online Activities of Women in Last 30 Days, Hispanic vs. Non-Hispanic
- Receptivity to Advertising
- Latinos Comfortable with Advertising
- Table 12-17: Attitudes toward Advertising, Hispanics vs. Non-Hispanics by Age Group and Gender
- Hispanics More Open to TV Commercials
- Table 12-18: Effectiveness of Television Commercials, Hispanics vs. Non-Hispanics by Age Group and Gender
- Latinos OK with Advertising to Kids
- Table 12-19: Attitudes toward Advertising to Kids, Hispanics vs. Non-Hispanics by Age Group and Gender
- Out-of-Home Ads Work Well with Hispanics
- Table 12-20: Effectiveness of Out-of-Home Advertising, Hispanics vs. Non-Hispanics by Age Group and Gender
- Latinos More Receptive to Product Placement
- Table 12-21: Effectiveness of Product Placement, Hispanics vs. Non-Hispanics by Age Group and Gender
- Appendix: Addresses of Selected U.S. Hispanic Market Resources
AbstractAs their buying power nears $1 trillion, the 46 million Hispanics now living in the United States wield a powerful influence on the American consumer economy. Between 1995 and 2007, expenditures by Hispanic consumer units grew more than twice as fast as expenditures by non-Hispanic consumers.
The impact of Latinos on American society will get even stronger over the coming decades. The 133 million Hispanics expected to be living in the U.S. in 2050 will account for 30% of all Americans. The Latino population alone will be larger than the entire U.S. population was in 1940.
This completely new Packaged Facts report highlights the attitudes and behavior of Hispanic adults across age groups and generations from Gen-Y and Gen-X Latinos through younger and older Boomers. One of the most striking findings of the report is that there are nearly uniform differences between Hispanic and non-Hispanic consumers across all age groups. That is, most of the consumer attitudes and behavior of Gen-Y and Gen-X Hispanics are different from those of their non-Hispanic counterparts, while Latino Boomers think and act differently than non-Hispanic boomers. This suggests that strong cultural ties continue to differentiate Hispanics from non-Hispanics, regardless of age and degree of acculturation.
The first section of the report highlights trends and opportunities shaping the Hispanic market and assesses the buying power of Hispanic consumers. The next section contains chapters on the demographic characteristics of the Hispanic population and the economic status of Latinos today. Other chapters provide an in-depth analysis of immigration and acculturation trends as well as profiles of the seven largest Hispanic national segments. The next chapter analyzes the core values of Hispanics. The next section of the report provides an in-depth analysis of the attitudes and behavior of Hispanic consumers across generational lines. One chapter assesses how Hispanics of different ages manage and spend money. Another chapter highlights the attitudes and behavior of Latino consumers in key areas including fashion and personal care, eating at home and health and wellness. The final chapters of the report offer a detailed analysis of leisure and entertainment patterns and media usage trends. Read an excerpt from this report below.
Research Methodology
The Hispanic (Latino) Market in the U.S.: A Generational View, 7th Edition, is based on information collected directly from firms active in the Hispanic market as well as a comprehensive analysis of relevant industry and trade publications. Primary research sources used in the report include the Simmons Market Research Bureau Summer 2008 National Consumer Survey and a survey of 1,000 Hispanic adults conducted by Los Angeles, California-based New American Dimensions (NAD) in January-February 2008. Census Bureau sources include the latest available population estimates and projections as well as data from the 2007 American Community Survey and March 2008 Current Population Survey. Other U.S. Government sources include the Consumer Expenditures Survey of the Bureau of Labor Statistics and the Office of Immigration Statistics.
About the Author
Dr. Robert Brown and Ms. Ruth Washton have written more than 30 Packaged Facts
reports analyzing demographic trends and marketing strategies in key consumer
segments. Topics have ranged from kids to mature consumers to multicultural groups such
as Hispanics and African Americans. Dr. Brown and Ms. Washton have co-authored several
Financial Times Business Reports on strategic business issues and have provided market and competitor intelligence studies for clients in a variety of industries. Dr. Brown has a
B.S. from Georgetown University and a Ph.D. degree from The George Washington University.
Ms. Washton has a B.A from Skidmore College and an M.A. from the State University of New York.
Get full details about this report >>
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