Hispanic Population will reach 54M & nearly 60% of U.S. Growth in 2012.

Geoscape presented the American Marketscape DataStream: 2012 Series, Executive Summary Report. The report is a summary of current and forecasted demographic, economic and consumer segmentation data published at various levels of geography in the U.S. The report was summarized in a speech by Founder & CEO César M Melgoza at Geoscape’s 8th annual summit – The New American Mainstream: Business Summit.

Other the facts published in the report, are the following:

– Nearly 93 percent of population growth from 2012 to 2017 will come from Hispanics, Asians and African Americans.

– On average, Hispanic households in 2012 will spend more than $400 thousand more than White non-Hispanic households for the remainder of their lifetimes, partly due to their younger age and longer life expectancy.

– The Hispanic population is gravitating towards biculturalism – currently at 70 percent – instead of fully assimilating into an American culture of the past.

– Latinos in 2012 form more than 30 percent of the pre-school age population and White non-Hispanics form nearly 70 percent of the elderly population over 75 years of age.

– With the addition of Puerto Rico, Hispanics will represent nearly 58 million people in 2012 and will form the majority of growth into the foreseeable future.

– Relative to offshore investments, the U.S. Hispanic market represents a vibrant and rapidly growing investment opportunity worth well over $1 trillion in 2012 and can be served largely by existing business infrastructure.

For more information at http://www.geoscape.com