Population
Through 2020, the Asian and Pacific Islander population is expected to continue
to grow faster than the nation's other race groups or the Hispanic origin
population. It is projected that each year after 2018 (and through 2050),
more Asians and Pacific Islanders than non-Hispanic Whites will be added
to the nation's population.
Families
In 1994, Asian and Pacific Islander families were larger than non-Hispanic
White families (3.8 and 3.1 person respectively). Twenty-two percent of
all Asian and Pacific Islander families contained five or more persons,
versus twelve percent of Non-Hispanic White families.
Education
As of 1998, forty-two percent of Asians and Pacific Islanders 25 years and
over had earned at least a bachelor's degree.
Buying Power
According to the projections from the Selig Center for Economic Growth,
the nation's Asian buying power will increase from $112.9 billion in 1990
to $253.4 billion in 2001. This is an increase of 124.8% from eleven years
earlier. |