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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. 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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  3. Jan 18, 2023 · America’s Changing Palate: The Rise of Hispanic Grocery. Hispanics are the fastest-growing ethnic group in the U.S. and by 2028 are expected to account for 22% of the population, and their buying power is expected to be one of the fastest-growing as well, at 6% p.a. from 2020 to 2025.

  4. 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 ...

  5. Mar 7, 2024 · In 2023, Hispanic Americans were more likely to eat at fast food restaurants than their non-Hispanic counterparts. In a survey, almost 60 percent of U.S. Hispanics indicated eating weekly or ...

  6. U.S. consumer spending for 2022 was $17,511.75B, a 9.16% increase from 2021. U.S. consumer spending for 2021 was $16,042.96B, a 12.93% increase from 2020. U.S. consumer spending for 2020 was $14,206.23B, a 1.47% decline from 2019. U.S. consumer spending for 2019 was $14,417.61B, a 3.47% increase from 2018. Download Historical Data. Save as Image.

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  8. 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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