Minority Business News
ATHENS, Ga. — The buying power of Hispanics -- now the nation's largest minority group -- will exceed $860 billion in 2007 and is whizzing its way to more than $1.2 trillion five years from now, according to an annual report on minority buying power released Tuesday by the Selig Center for Economic Growth at the University of Georgia's Terry College of Business. Tracking a similar course, African American buying power will total $845 billion in 2007 and is projected to top $1.1 trillion by 2012 -- a 34 percent increase over the five-year period.
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