Minority buying power growing in Florida, nation

“Florida’s African-Americans, Hispanics, Asians and Native Americans have seen their buying power grow faster than the nation’s in the past 16 years, according to a University of Georgia annual report.

Florida’s growth rate in all categories of minority buying power “exceeds the nation’s across the board,” said Jeffrey Humphreys, director of the Selig Center for Economic Growth at the University of Georgia’s Terry College of Business and the report’s author.”

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