The Changing Face of America Summer 2003 John E Megley III.

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The Changing Face of America Summer 2003 John E Megley III

Transcript of The Changing Face of America Summer 2003 John E Megley III.

Page 1: The Changing Face of America Summer 2003 John E Megley III.

The Changing Face of America

Summer 2003

John E Megley III

Page 2: The Changing Face of America Summer 2003 John E Megley III.

Population Explosion

By 2050, America’s population may reach 400 million.

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Population inMillions

76.1 262.8 393.9

1900 1995 2050

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Where Will We Live?

According to U.S. Census Bureau projections, the states with the greatest percentage increase in population are in the South and West.

California 156%

New Mexico 155%

Arizona 153%

Nevada 151%

Utah 148%

Florida 146%

Texas 145%

Colorado 138%

Georgia 137%

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The Face of the Future

The greatest growth rates will be in the elderly and Hispanic segments.

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We’re Getting Older

People over 85 will become the fastest-growing age group.

People over 50 will represent 35% of the population.

Minority populations will represent 25% of the elderly population.

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Increasing Life Spans

0 20 40 60 80 100

1995

2050

White Hispanic African American Asian American American Indian

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We’re Becoming More Diverse

0% 10% 20% 30% 40% 50% 60% 70% 80%

1995

2050

White Hispanics African American Asian American American Indian

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Population Change by Race

0% 50% 100% 150% 200% 250% 300%

Non-Hispanic Asian

Non-Hispanic Black

Hispanic

Non-Hispanic White

White

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A Growing Hispanic Influence

More Hispanic Americans will be added to the population each year than African Americans, Asian Americans, and American Indians combined.

Hispanic Americans will have the lowest death rate.

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Opportunities for Business

Aging Boomers– Boomers will be teenagers till the day they

die– Boomer women are a potent force

Increasing Hispanic buying power

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American Diversity

Relish It.