Understanding The New American Mainstreamhispanicad.com/sites/default/files/thechangingface... ·...

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The Growth Majority: Understanding The New American Mainstream The face of America is changing and multicultural consumers are quickly becoming the majority of the expected growth in the U.S. now and in the future. In this first report of the New American Mainstream series, we’ll talk numbers by ethnicity and age, and will identify the top markets that hold the highest opportunities for multicultural growth to help you find customers faster and sell smarter. Today, there are 131,815,386 Multicultural Americans in the U.S. Part 1 – November 2018

Transcript of Understanding The New American Mainstreamhispanicad.com/sites/default/files/thechangingface... ·...

Page 1: Understanding The New American Mainstreamhispanicad.com/sites/default/files/thechangingface... · CultureCode® consumer segmentation such as “Hispanicity” for the Hispanic/Latino

The Growth Majority: Understanding The New American Mainstream

The face of America is changing and multicultural consumers are quickly becoming the majority of the expected growth in the U.S. now and in the future.

In this first report of the New American Mainstream series, we’ll talk numbers by ethnicity and age, and will identify the top markets that hold the highest opportunities for multicultural growth to help you find customers faster and sell smarter.

Today, there are

131,815,386Multicultural Americans in the U.S.

Part 1 – November 2018

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U.S. Population 2019 By Ethnic GroupCurrently, there are 131,815,386 multicultural Americans in the U.S. and they account for 37.5% of the United States population.

Hispanics account for the largest multicultural segment at 19.6%, followed by Non-Hispanic Blacks and Non-Hispanic Asian & Pacific Islanders, respectfully.

The Growth Majority & The New American Mainstream — ©2018 Claritas, LLC. 2

62.5%

12.3%

5.6%

19.6%

37.5%

Non-Hispanic All OthersNon-Hispanic BlackNon-Hispanic Asian & Pacific IslanderHispanic

Population Growth 1990-2019

10.44% 16.60% 20.61%13.51%

14.56% 12.03%

40.75%

55.77%68.02%

35.30%

13.06%

0%

25%

50%

75%

100%

Growth 1990-2000 Growth 2000-2010 Growth 2010-2019

Non-Hispanic Asian & Pacific Islander Non-Hispanic BlackHispanic All Other Non-Hispanic

At 19.6%,Hispanics account for the largest multicultural segment in the U.S.

Source: U.S. Census Bureau for 1990-2010 and Geoscape AMDS Projections for 2019-2024.

Hispanics contributed more than

68% of the growth since 2010.

All Other non-Hispanic: - 0.66%

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The growth-majority is clearly multicultural with these segments featuring prominently in our nation’s future. The Hispanic population continues to show significant growth thus representing the biggest opportunities for marketers to grow their businesses in the future.

Into the Future: The Multicultural Boom 2019 - 2024

Nearly all of the U.S. population growth since 2000 has come from multicultural segments. Hispanics have been the fastest-growing population segment since 2000, showing 83% growth. Virtually all of the growth now and into the foreseeable future will emanate from groups other than Non-Hispanic White.

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Multicultural GroupPopulation

GrowthGrowth During

2000-2019% of Total

Growth

Hispanics 29,177,345 83% 61%

Non-Hispanic Blacks 6,443,658 19% 13%

Non-Hispanic Asian & P. Islanders 8,164,576 78% 17%

Overall (3 Cultural groups) 43,785,579 55% 92%

Growth During 20 Year Period 2000 - 2019

Multicultural GroupAverage NumberPer…

Year Month Day HourHispanic Americans 1,536,315 128,026 4,209 175Non-Hispanic Blacks 315,492 26,291 864 36Non-Hispanic Asian & P.Islanders 467,908 38,992 1,282 53

From 2000-2019, the Hispanic population in the U.S. has grown

83%.

Source: U.S. Census Bureau for 1990-2010 and Geoscape AMDS Projections for 2019-2024.

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Majority-Minority Counties in 2024“Minority” groups represent the majority of the population in more than 400 U.S. counties in 2019, including most of the highly populated areas of the nation.

Furthermore, where they live today may not be where they will live tomorrow and understanding the growth & migration trends where multicultural groups live are key to targeting them now and in the future.

“Minority” groups will represent the majority of the population in 420 U.S. counties in 2024, including most of the highly populated areas of the nation.

The Growth Majority & The New American Mainstream — ©2018 Claritas, LLC. 4

Source: Geoscape AMDS Projections for 2019-2024.

By 2024, the top 10 U.S. counties will all have majority multicultural population

over 1 millionincluding Los Angeles (8 million-75.5%), Miami (2.7 million-89.3%) and Dallas (2.2 million-76.4%).

Majority-Minority (Multicultural) Counties 2024

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% U.S. Population: 1990-2024

Hispanics and Asians are becoming a larger portion of our nation’s population. The Black population is growing, but is nearly constant as a proportion of the total population. Meanwhile, the Non-Hispanic White population proportion has been declining steadily as a proportion of overall American population.

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75.8%

69.1%

63.7% 62.6%60.5%

11.8% 12.0% 12.2% 12.2% 12.2%

2.8% 3.7% 4.8% 5.6% 6.1%8.8%

12.5%16.3%

19.6% 21.1%

0%

10%

20%

30%

40%

50%

60%

70%

80%

1990 2000 2010 2019 2024

N-Hispanic All Others N-H Black N-H Asian & PI Hispanic

By 2024, Hispanics will reach

more than72 MM persons in the U.S.

Perc

ent P

opul

atio

n

Source: U.S. Census Bureau for 1990-2010 and Geoscape AMDS Projections for 2019-2024.

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Segmenting Multicultural ConsumersGeoscape Acculturation CultureCode® provide geo-demographic, economic and behavioral segmentation through an analytical framework expressed as data on people, households, media and shopping patterns. CultureCode® consumer segmentation such as “Hispanicity” for the Hispanic/Latino population and “Asianicity”, which represents a related segmentation system for the dynamic Asian-American consumer allow us to dimensionalize segments by country-of-origin, life stage, socioeconomic strata and a variety of shopping and media behavior metrics. The result is an unprecedented level of detail that enables marketers to understand the dynamics of the diverse American consumer.

The Growth Majority & The New American Mainstream — ©2018 Claritas, LLC. 6

English dominant (nearly no Spanish); Born in US; 3rd+ generation. Few Hispanic cultural practices.Tendencies:• Watches MTV2 & VH1• Watches UFC on TV• Single-never married• Work in tech• Shop at Whole Foods

English preferred (some Spanish); Born in U.S.; 2nd generation. Some Hispanic cultural practices; often “retro-acculturate”.Tendencies:• Students• Works in Office &

Administrative Support• Watches Universo &

Telemundo• Shops at Sam’s Club

Americanizado LatinoamericanaNueva Latina AmBi-Cultural Hispano

Bi-Lingual (equal or nearly); Immigrant as child or young adult. Many Hispanic cultural practices.Tendencies:• Lives with parents• Boxing fans• Attends U.S. Soccer

Games • Shops at Walmart

HA1 HA2 HA3 HA4 HA5Spanish preferred (some English); Immigrant as adult; in U.S. 10+ years. Pre-dominant Hispanic cultural practices.Tendencies:• Blue collar• Largest families• Late-night Spanish TV• Watch Mexican Soccer

League

Spanish dominant (nearly no English); Recent immigrant as adult (less than 10 years ago). Primarily Hispanic cultural practices. Identify with home country more than U.S.Tendencies:• Least educated• Migrant laborer• Shop at Hispanic Grocery• Least internet use

23.9%

39.6%

24.0%

8.6%

3.6%

Country Of Origin: Puerto Rico in the U.S.

Americanizado (HA1) Nueva Latina (HA2) AmBi-Cultural (HA3) Hispano (HA4) Latinoamerican (HA5)

18.6%

28%

25.4%

15.5%

12.5%

Country Of Origin: Mexicoin the U.S.

17.1% 29.2% 25.8% 15.3% 12.6%

Source: Geoscape® Hispanicity™ 2019

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80.1% 75.2%64.4%

50.5%41.5%

7.6%9.4%

12.0%

12.9%

13.4%

3.8% 5.0%6.0%

8.1%

5.6%

7.8% 9.9%16.1%

25.3%32.1%

0.7% 0.5% 1.5% 3.2%7.4%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Age 75+ Boomer 1946-65 Gen X 1966-80 Millennial (Gen Y)1981-97

Age 0-4

Perc

ent o

f Tot

al G

ener

atio

n C

ohor

t

Younger age groups are made up from a more diverse population while older age groups tend to be less diverse. This dramatic trend in ethnicity by generation will have deep implications for marketers in the years and decades to come.

The Growth Majority & The New American Mainstream — ©2018 Claritas, LLC. 7

Source: U.S. Census Bureau for 1990-2010 and Geoscape AMDS Projections for 2019-2024.

Generational Population 2024 - Nationwide

By 2024, 49.5% of the U.S. the millennial population will be multicultural.

Non-Hispanic OtherHispanicNon-Hispanic AsianNon-Hispanic BlackNon-Hispanic White

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Top 20 DMAs By Asian Count vs. Growth, 2010-2019Los A

ngeles

New

York

San Francisco

Washington, D

C

Chicago

Seattle-Tacoma

Houston

Sacramento

Honolulu

Dallas

Philadelphia

Boston

San Diego

Atlanta

Minn.-St. Paul

Las Vegas

Phoenix

Detroit

Portland

Baltimore

0

10

20

30

40

50

60

0

2

4

6

8

10%persons, million Asian Population, 2019 % Growth, 2010-2019

Top 20 DMAs By Hispanic Count vs. Growth, 2010-2019

Los Angeles

New

York Houston

Miam

i

Dallas-Ft. W

orth

Chicago

San Francisco

Phoenix

San Antonio

Sacramento

Rio Grande V

alley

Fresno-Visalia

San Diego

Washington, D

C

Denver

Orlando

Philadelphia

Tampa-St. Petersburg

Atlanta

Albuquerque

0

10

20

30

40

50

60

0

2

4

6

8

10%persons, million Hispanic Population, 2019 % Growth, 2010-2019

Source: Geoscape® AMDS 2019

Top 20 DMAs By Black Count vs. Growth, 2010-2019

New

York Atlanta

Washington, D

C

Chicago

Philadelphia

Houston

Los Angeles

Dallas-Ft. W

orth

Miam

i-Ft. Lauderdale

Detroit

Raleigh-Durham

Baltimore

Mem

phis

Charlotte

Orlando

Norfolk

Tampa-St.PetersburgC

leveland-Akron

New

Orleans

St. Louis

0

10

20

30

40

50

60

0

2

4

6

8

10%persons, million Black Population, 2019 % Growth, 2010-2019

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To learn more about how to find your next multicultural consumer, visit www.claritas.com or call 888-211-9353.

About ClaritasClaritas helps companies find customers. Not just any customers–their best customers. We provide the tools and data to define who your best customers are, how they behave, and how to connect with them. With powerful original research, trusted data partnerships, and an expert Analytics team, we provide the why behind the buy that is the key to selling smarter and winning bigger.

Targeting the New American MainstreamTo capture growth opportunities within multicultural groups, you must first understand them: their likes, dislikes, preferences, behaviors, etc. This picture of who they are allows you to create personas and tailor messages and promotions specific to your targets’ wants and needs for better engagement. Marketers who partner with multicultural experts, like Claritas, to leverage their deep understanding of multicultural segments, and using tools such as GeoscapeCultureCodes across local, national and digital markets for smarter targeting, smarter planning and smarter buying will drive bigger profits for their business.

Multicultural Insights to Shape a Smarter PlanData from Geoscape American MarketscapeDatastream (AMDS) can be applied to a wide variety of situations and challenges using computerized applications, such as the online Geoscape Intelligence System (GIS). Some of the applications are listed below.

• Strategic Planning• Market Potential Assessment• Product Development & Positioning• Database mining & modeling• Retail Site Selection & Distribution• Marketing Communications & Media Planning• Promotions & Direct Response• Market Research: Surveys, Focus Groups, etc.• Industry specific intelligence applications• Sales potential and forecasting• Consumer segmentation and targeting• Customer relationship management• Investment Valuation• Budget Allocation• Staffing• In-store experience management• Retail shelf-space planning

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