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Hispanic spending habits:
•$11 Million on cell phone bills a month
•$100 Million on clothing last year
•$33 BIllion on groceries each year
•$17.7 Billion on dining out each year
•Hispanic buying power of $14.9 Billion in Metro Phoenix, $31 Billion in Arizona
and $48 Billion by 2013.
•1 out of 4 people in the Phoenix Metro area is Hispanic and Arizona is the 5th-largest state in Hispanic population
•Hispanic purchasing power is growing at four times the rate of the rest of the population.
Source: Selig Center for Economic Growth, University of Georgia, U.S. Census Bureau, and Datos 2003