04/20/2018

An Anaalysis of Latino Household Consumer Spending in Los Angeles County

The Latino population in Los Angeles County continues to grow robustly while, simultaneously, experiencing income growth. Put these two together and the County and big business beneft from a rapidly growing consumer base. Indeed, from 2000 to 2014, the number of Latinos in the County grew by 15.5%, compared to a 1.1% decline in the rest of the population. Meanwhile, the aggregate income among Latino head-of-households grew from $45.9 billion to $72.4 billion in 2014.

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