• The U.S. is now the 2nd largest Spanish-Speaking country in the world. • By 2020 the Hispanic population is expected to reach 70 million. • According to the Selig Center for Economic Growth at the University of Georgia, the Latino population controlled $653 billion in spending power in 2003, and this number is expected to reach more than $1 trillion in 2008 • According to The Insight Research Corporation the U.S. Latino community is growing so much and at such a rapid pace that Hispanics are no longer just the fastest growing minority—they are the fastest growing sector in the entire U.S. population • “The foreign-born population grew from 9.6 million in 1970 to 28.4 million in 2000 reflecting the high level of international migration during the past generation.” • The U.S. Census estimates the current number to be over 33 million. • About 57% of the foreign-born population comes from Latin America.
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