United States facts of the day

Joe Uva, chairman of Hispanic enterprises and content at NBCUniversal, a big media company, is fond of telling fellow executives that with a combined purchasing power of $1.1 trillion, if Hispanic-Americans were a country they would rank 16th in the world.

That is from The Economist, via Rami Kiwan.  I would amend this by noting I am not aware of any very exact calculation of the purchasing power of Hispanic-Americans, so there is perhaps a bit of a caveat emptor here, still as a ballpark estimate this seems reasonable.  There is this too:

A giant reason to be optimistic about the rise of Hispanics is that they are making America much younger. The median age of whites is 42; of blacks 32; and of Hispanics 28. Among American-born Hispanics, the median age is a stunning 18.

The article is interesting more generally.


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