Ethnics outspend in areas.

The New America Marketbasket Index forecasts that household expenditures of nonwhite families will grow faster than those of white households. The index offers projections from 1995 to 1998 based on purchase behavior trends among 13 different key areas of consumer spending from 1992 to 1995. Speci...

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Bibliographic Details
Published in:American Demographics Vol. 20; no. 12; p. 12
Main Author: McGuire, Tom
Format: Article
Published: Crain Communications Inc. (MI) December 1998
Subjects:
Online Access:View this record in EBSCOhost
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        Consumption (Economics)
        Economic forecasting
        Minorities
        Economic history
        United States
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          United States
          Consumption (Economics)
          Economic forecasting
          Minorities
          Economic history
      ab: The New America Marketbasket Index forecasts that household expenditures of nonwhite families will grow faster than those of white households. The index offers projections from 1995 to 1998 based on purchase behavior trends among 13 different key areas of consumer spending from 1992 to 1995. Specific forecasts are provided from the index, which documents the accelerating purchasing power, financial strength, upward mobility, and per-household spending growth of African-, Asian-, and Hispanic-American consumers.
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