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Thursday, July 19, 2007

Booming Latino population helps keep Dallas-Fort Worth economy afloat

Fiesta Mart collected nearly half of the $2.3 billion Latinos spend on groceries.

— The Latino population boom in the Dallas/Fort Worth area is helping retailers stay profitable despite a tough economy, according to a study conducted by Dallas-based Rincon & Associates.

The Dallas-Fort Worth-Arlington metropolitan area was the second-fast growing in the United States, with an additional estimated 601,242 residents since 2000. Hispanics represent 60 percent of that growth, which translates into $20 billion helping the bottom-line for area retailers.

Businesses benefiting from this Latino surge include Wal-Mart and Fiesta Mart, who collected nearly half of the estimated $2.3 billion Latinos spend annually on groceries. Bank of America is the biggest bank, even though 1/4 of Latinos don't have an account. They favored Rooms-To-Go and FAMSA for home furniture; Sears-Roebuck for home appliances; and Wal-Mart for men's, women's, and children's clothing.

Notable bullet items include:

  • Broadcast Spanish-language television stations continue to capture large audiences, especially the foreign-born;
  • Cable and satellite penetration rates improved less than ten percent since 2005;
  • Internet access has not changed since 2005 and remains at 42 percent. Native-born Latinos were twice as likely to have Internet access as the foreign-born;
  • Seven of the top ten radio stations used Spanish-language formats;
  • Only 45 percent of Hispanic adults read an English or Spanish-language magazine. Native-born Latinos read magazines more often than foreign-born Latinos;
  • Despite an abundance of English and Spanish-language newspapers, 39 percent of Hispanic adults did not read any local newspapers - an increase from 2005 (32%).

The survey shows that Latinos have buying on the brain, with nearly 3 of 10 Latinos planning to buy a home and nearly 1/4 planning to buy a car..

For further information about the study, visit their Web site.

Posted by T.G.



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John Botefuhr, says:

Tell me why we are putting up over 90 million dollars for a wall in S. Texas again?

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2 years, 6 months ago
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J_Mortimer, says:

Well I'll take a stab at that question.

Although I don't necessarily agree with building a wall, figuratively or literally, the issues involving illegal immigration and immigration are not necessarily quantitative issues but qualitative issues.

Lets say for argument's sake that illegal immigrants boost local economies some huge measurable amount. (Yes I understand that is not what is being said in the article but work with me please.) That such an increase happens would then happen at a qualitative expense of the local culture. Such an increase, so the argument goes, can't happen without the current culture being changed or even destroyed. The argument then goes that if the incoming people aren't willing to assimilate or learn English then the culture is effectively eroded.

What good is a quantitative increase if the qualitative result isn't worth living in?

I'll leave you to ponder whether that's a good argument.

J

Anonymous

2 years, 6 months ago
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terryorze, says:

J_Mortimer. Are you trying to argue that having more Mexicans in Texas would lower the quality of life in TEXAS?

Anonymous

2 years, 6 months ago
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J_Mortimer, says:

Terry,

No. Johnyalamo2000 was sort suggesting (if i may have HUGE liberties in interpreting his comment) that the evidence in the article says we ought to "not build a wall" which I took, for my selfish purposes, to be literal and figurative.

I merely suggested that ultimately the arguments one could directly draw from the article were quantitative when actually the biggest problems caused by illegal immigration (as far as I can see from people who get upset about it) are qualitative.

J

Anonymous

2 years, 6 months ago
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Laura Evans, says:

J_Mortimer - How would you define this "local culture"?

Staff

2 years, 6 months ago
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John Botefuhr, says:

Bear with me, but I think George Bush is really the only one making sense on this issue. Here in this area, we have been dealing with immigration from Mexico since this state was a republic. Hell, Mexicans stood AGAINST Santa Ana at Goliad and the Alamo. Our culture is entwined with northern Mexico from the food to the music, to the overall culture and I kinda resent the xenophobic northern, republican and democrat stance on this issue. To me this issue has really only come up as the cheap labor of immigrants is only now threatining the high cost of Northeast Union labor.

And I don't buy the way some people, mostly the far right, try to piggyback the terrorism and security issues on top of immigration. If it is terrorism that you are really worried about, then deal with terrorism. I think the U.S government will find the Mexican government much more accomidating to help us stop a nuclear weapon being smuggled into Mexico to the United States than smuggling people who are coming here to simply earn money for their families back in Mexico. Afterall, why would some alien spend their life savings to get into the United states only to get blown up? It certainly would not help the Mexican economy to see the U.S. go through another 9/11. The devastation to the travel industy alone would strike another huge economic and political blow to the delicate Mexican economy and political state. We should be more worried about weapons coming from Canada as there have been numerous plots thwarted from that direction allready.

These people come here to earn money, provide for their families and seek a better life (Isn't that the American spirit?) and aside from not going through the lengthy, expensive, and arduous immigration process, they are law abiding, hardworking, and family oriented people who contibute to our economy at least as much as you may feel they take away. We need cheap labor to compete in this global economy.

Hey, I am all for deporting drunk drivers, murderers, and any illegal alien that commits a felony. Do whatever needs to be done with them. But to scream "But they are illegal!" and every one of them needs to be deported makes about as much sense as throwing everyone who drives one mile over the speed limit or everyone who lights a cigarette in a Dallas restruant/bar in jail and I don't see people advocating that.

But I really think that building a big wall is a stupid idea. Legal Citizens who actually live in those border counties don't want to see some big gnarley wall traversing through their landscape and hunting/fishing grounds and will tell you they could certainly put the money that can be used build a wall for much better purposes like hospitals, roads, etc.

The culture is always going to change in this country. It is not static. With every foriegn war or upheval, there is always an influx of immigrants. It seemes to me growing up, Dallas was a White, Black, and Hispanic city. Now, we have a huge Asian population. There are pockets of Persian, Russian, African, and many other cultures here now. The 2 big political parties are in disarray. I believe The Hispanic population values fall allot more in line with the republican party then the democrat party and perhaps Bush is reaching to exploit that. Smart idea for either political party.

-John Botefuhr

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2 years, 6 months ago
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J_Mortimer, says:

"These people come here to earn money, provide for their families and seek a better life (Isn't that the American spirit?) and aside from not going through the lengthy, expensive, and arduous immigration process, they are law abiding, hardworking, and family oriented people who contibute to our economy at least as much as you may feel they take away. We need cheap labor to compete in this global economy."

and we and they would be better off helping others where they originated rather than bringing a drop in the bucket here. Unchecked immigration, as far as I can see, can only help a limited few who happen to be lucky and it comes, possibly, at a cost of weakening the long term ability to solve broader problems in these other countries.

"The culture is always going to change in this country. It is not static. With every foriegn [SIC] war or upheval [SIC], there is always an influx of immigrants. It seemes to me growing up, Dallas was a White, Black, and Hispanic city. Now, we have a huge Asian population."

I don't think anyone claimed it was static so that's a straw man. The difference between Asians is that there might be a lack of willingness to assimilate amongst many Hispanics. Asians, as a general trend, keep their language and assimilate.

If resources here must be sucked up by language, education,and other economic issues then that diminishes any long term hope of offering widespread prosperity to their countries of origin. A few get it now but in the long term it gets harder if it drags on parts of our society. Frankly we have an embarrassingly difficult enough time dealing with our own social problems.

but my point is that stating economic numbers doesn't express what some see as a deeper problem.

J

Anonymous

2 years, 6 months ago
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veegee, says:

Take a trip to Greenville and Belt Line in Richardson, walk into any store and tell me the Asians have assimilated better than the Mexicans. You won't be able to read anything or have a conversation with anyone.

Anonymous

2 years, 6 months ago
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John Botefuhr, says:

I recognize that SOME see it as a deeper problem. Probably a prejudical problem. I and I would argue about the "Asian Assimilaton" as there are a few that branch out but in my experience of having been engaged to a partially Vietnamese woman, I found that most stick to their own culture in conducting business. But it really does come down to economics and money. It always does. Texas now has the lowest unemployment rate since 1976. We need workers, whether skilled or unskilled. A fair, equitable immigration policy is important. But the last legislation propsed required an alien take off work a week, two weeks, or a month (or longer) to return to their home country to renew a visa. The recent passport mess created by Congress, makes it nearly impossible for even U. S. citizens to leave and enter the country. Most illegal aliens have been paying into Social Security under fake SS cards, thereby enriching the U.S. Treasury with no prospect of receiving anything back. I would rather see money that goes for bulding a wall to set up English immersian(sp?) programs. My only personal problem as a doctor, is that I find that the language barrier is a wall in and of itself. I encourge "Spanish Speaking Only" patients to learn the English language if at least for an Emergency situation. Perhaps if people would concentrate and encorage immigrants to learn the language and stop trying to throw other issues like terrorism, health care, drain of U.S. economy etc., we would see that this "Culture" issue is not really a big deal as SOME would believe.

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2 years, 6 months ago
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