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"Ask U.S. Hispanics" Media Preference 2004 study.


Are you Interested in this Market?

$540 Billion Dollars in Purchasing Power Purchasing Power

1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.

2.
, Over 40 million Hispanics/Latinos; The fastest growing segment in the U.S.; Highest average annual income over any Latin American Country

Meneses Research and Associates, a transcultural marketing research firm, has announced the results of its "Ask U.S. Hispanics" Media Preference 2004 study. The study conducted from March 11 to April 4, 2004 involved 1,001 telephone interviews across 19 markets among U.S Hispanic consumers over the age of 18. This report was aimed at determining media preferences in radio, television and print. Additional information is available, such as: critical up-to-date demographics The attributes of people in a particular geographic area. Used for marketing purposes, population, ethnic origins, religion, spoken language, income and age range are examples of demographic data. ; purchase intent of a house, brand new car and computer; and the preferred language by Hispanics at home, at work and with friends. Media consumption in Spanish and/or English was one of the factors used to determine the Level of Acculturation acculturation, culture changes resulting from contact among various societies over time. Contact may have distinct results, such as the borrowing of certain traits by one culture from another, or the relative fusion of separate cultures.  (LOA Loa (lō`ä), longest river of Chile, 275 mi (443 km) long, flowing S from the Andes, N Chile, then W and N through the Atacama Desert, before turning W to the Pacific Ocean. [R]) of the over 40 million U.S. Hispanics. All data will be presented by total and four Market Areas (West, Southwest, Central and East) and some by the Level of Acculturation (LOA[R]) and the Level of Financial Stability (LOFS[R]). Additionally, this report will include top line findings from previous reports: "Ask Hispanic Teens" Report 2002 (Ages 12-17) and "Ask Tijuana" Report 2002 (Tijuana residents that cross the border and spent $2.5 billion in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  2003).

The Level of Financial Stability (LOFS[R]) among Hispanics is an index used to determine the level of financial stability among Hispanic consumers. Meneses Research & Associates has developed a proprietary battery of questions in reference to financial stability in order to determine this index.

The questions cover:

* Homeownership/renters

* Have a checking account/don't have a checking account

* Years living in the U.S. including Hispanics born in the U.S.

* Annual Income

The profile of most of the Hispanics who are recent immigrants are not financially stable because of lower income, lack of a checking account and the fact that the majority are renters. As Hispanics live longer in the U.S. and they are exposed to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, such as checking accounts, building credit and ultimately purchasing homes, their level of financial stability improves drastically dras·tic  
adj.
1. Severe or radical in nature; extreme: the drastic measure of amputating the entire leg; drastic social change brought about by the French Revolution.

2.
.

Homeownership: According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 our study, only 37% of Hispanics across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  own a home. There is a tremendous opportunity to convert renters (63%) into homeowners NOW and in years to come.

Politics: Almost half of registered Hispanic voters are Democrats; however, only 28% would vote for Kerry. Although only 18% are Republicans, 27% would vote for Bush. (April 2004).

Additional information included: registered voters, political affiliation, and attitude and perception of advertising in Spanish.

Since 2001, Meneses Research & Associates has been publishing studies about Hispanic consumers in the San Diego Region such as: "Ask San Diego" Report 2001, "Ask Tijuana" Report 2002, "Ask Hispanic Teens" 2002, "Ask Hispanics" San Diego Report 2003. Now, we just released (May 2004) a nationwide study "Ask U.S. Hispanics" Media Preference 2004.

Copies of the study are available for $595. To order the study or for additional information on how to obtain your copy of any of the aforementioned a·fore·men·tioned  
adj.
Mentioned previously.

n.
The one or ones mentioned previously.


aforementioned
Adjective

mentioned before

Adj. 1.
 reports, please contact Walter E. Meneses at 619.276.5335, or E-mail ask@menesesresearch.com or visit www.menesesresearch.com
COPYRIGHT 2004 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Focus On; Financial Stability; Meneses Research and Associates; United States
Comment:"Ask U.S. Hispanics" Media Preference 2004 study.(Focus On)(Financial Stability)(Meneses Research and Associates)(United States)
Publication:Latin Trade
Article Type:Advertisement
Geographic Code:0LATI
Date:Aug 1, 2004
Words:544
Previous Article:So far, not so sorry.
Next Article:Dominican Republic: bailing out.
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