By mid-century, the U.S. will be a “majority minority” nation. By 2060, fewer than five in 10 will be white non-Hispanic. This level of demographic change represents a remarkable challenge for retail real estate investors, developers, advisers and retailers. It’s also a remarkable opportunity.
The Latino population in the U.S. is growing—and in places many people might not be looking. In fact, it's only a matter of time before one of the growing Hispanic markets becomes the next Latino population center.
The African-American Consumers: Still Vital, Still Growing 2012 Report provides an opportunity for small and large companies to better understand how to grow market share by tapping into this highly influential and growing consumer segment. The report also uniquely highlights how African-American consumers can wield their collective spending power to bring additional economic resources or more customized product offerings to their communities.