Hispanic Household Spending in 2015
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Foster, Ann C.
Although the Hispanic population has grown more slowly in recent years, it still exerts a powerful influence on the U.S. economy. Consumer Expenditure Survey (CE) data show that, in 2015, households with a reference person of Hispanic or Latino origin were 13 percent of the sample, compared with 12.2 percent in 2010 and 10.6 percent in 2005. This Beyond the Numbers article uses 2015 CE data to examine spending by households with a Hispanic or Latino reference person, compared with households without a Hispanic or Latino reference person. (In the article, for convenience, “Hispanic or Latino” is shortened to “Hispanic.”) Spending by Hispanic households is compared with spending by households with a non-Hispanic White reference person and spending by households with a non-Hispanic Black or African-American reference person.
household spending; Hispanic; Latino; Consumer Expenditure Survey