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  1. Sep 15, 2021 · In 2019, Hispanic households earned more than $1.2 trillion. This allowed them to pay $308.5 billion in taxes, including $196.5 billion in federal income taxes, as well as more than $112 billion in state and local taxes. After taxes, Hispanic households still held more than $910 billion in spending power.

  2. Average annual expenditures rose by 9.1 percent to $66,928 in 2021, up almost $5,000 from 2020 and up $3,900 from 2019—a noticeable reversal from the 2.7-percent decline from 2019 to 2020. Income continued to grow from 2020 levels but had not reached the level of income growth seen in 2019, when income rose 5.4 percent.

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  3. Jan 18, 2023 · Google searches for “Mexican food” increased 27% per year from 2014 to 2019 and 18% from 2019 to 2021 (see Figure 7). And 45% of Gen Z consumers would choose Mexican if they could eat only one cuisine for the rest of their lives, according to a Datassential survey, followed by Asian (29%) and Italian (26%).

  4. In fact, annual aggregate Hispanic household spending is projected to reach $978 billion in 2020, making Hispanics the single largest and highest-spending minority group in the United States. On ...

  5. for those ages 55–64 years. Those ages 45–54 spent more on average in medical. ervices in 2020 than in 2019. However, al. other age groups spent less. The declines ranged between 12.4 percent for those aged 25–34 years to 33.1 per. ent for those under 25 years. Spending on drugs increased only for two age groups: 25.

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  6. Mar 26, 2024 · USDA/ERS. Share of consumer expenditures that are spent on food. This only includes food eaten at home, and does not include alcoholic beverages and tobacco. Source. USDA Economic Research Service (ERS) (2023) – processed by Our World in Data. Last updated.

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  8. Sep 27, 2020 · Per the recently published 2020 LDC U.S. Latino GDP Report, the size of the U.S. Latino market measured by GDP was $2.6 Trillion in 2018, up almost 9% from $2.3 Trillion in 2017.If the U.S. Latino ...

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