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The Trump backlash: Latino consumers wield new clout
Yahoo! News / Reuters ^
| July 11, 2015
| Herbert Lash and Nandita Bose
Posted on 07/11/2015 3:46:23 PM PDT by 2ndDivisionVet
When Donald Trump described Mexican immigrants as rapists and drug smugglers last month, Latinos took to social media to express their outrage and urge businesses to sever ties with the billionaire presidential candidate.
In short order, more than 10 organizations canceled their deals with Trump, in what Latino activists are calling an unprecedented recognition of their economic clout.
Latino spending power will hit $1.5 trillion this year, up 50 percent from 2010, according to the Nielsen Co, which analyzes consumer spending trends.
At an average age of 27, the Hispanic population is a decade younger than the U.S. average and just entering the prime of its earning power, market researchers said....
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy; Culture/Society; Politics/Elections
KEYWORDS: hispanics; immigration; latinos; trump
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To: Jane Austen
81
posted on
07/12/2015 11:20:54 AM PDT
by
DoughtyOne
(Conservatism: Now home to liars too. And we'll support them. Yea... GOPe)
To: All
82
posted on
07/12/2015 11:24:19 AM PDT
by
musicman
(Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
To: 2ndDivisionVet
83
posted on
07/12/2015 1:35:50 PM PDT
by
Moorings
To: 2ndDivisionVet; DoughtyOne; All
I just received word, the downtown Pittsburgh Macy’s, used to be the old Kaufmann’s store, is closing.
84
posted on
07/13/2015 11:07:14 AM PDT
by
Nowhere Man
("I wish we were back in the world of Andy Williams." - My mother, 1938-2013, RIP)
To: Nowhere Man
Well, this may be the wave of the future for Macy’s.
I don’t like to see any businesses fail, so I gain no big happy feeling from it. Businesses employ U. S. Citizens, and I like seeing our people employed and sustaining the family unit.
This nation has taken a massive hit on jobs, and each new loss is one we can’t afford.
85
posted on
07/13/2015 12:09:07 PM PDT
by
DoughtyOne
(Conservatism: Now home to liars too. And we'll support them. Yea... GOPe)
To: DoughtyOne
Well, this may be the wave of the future for Macys.
I dont like to see any businesses fail, so I gain no big happy feeling from it. Businesses employ U. S. Citizens, and I like seeing our people employed and sustaining the family unit.
This nation has taken a massive hit on jobs, and each new loss is one we cant afford.
Yeah, I know. B-( I don't want to see anyone lose their jobs either, a lot of people's lives, including me, depend on them. It's a shame Macy's is caving in to bullies though.
86
posted on
07/13/2015 7:23:21 PM PDT
by
Nowhere Man
("I wish we were back in the world of Andy Williams." - My mother, 1938-2013, RIP)
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