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.
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.
As of 1998, forty-two percent of Asians and Pacific Islanders 25 years and over had earned at least a bachelor's degree.
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.
2010 ELLA Corporation All rights reserved.