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

The Changing Face of America
Summer 2003
John E Megley III
Population Explosion
450
400
350
300
250
200
150
100
50
0
Population in
Millions
1900
1995
2050
76.1
262.8
393.9
By 2050, America’s population may reach 400 million.
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
New Mexico
Arizona
Nevada
Utah
Florida
Texas
Colorado
Georgia
156%
155%
153%
151%
148%
146%
145%
138%
137%
The Face of the Future
The greatest growth rates will be in the
elderly and Hispanic segments.
We’re Getting Older
 People
over 85 will become the fastestgrowing age group.
 People
over 50 will represent 35% of
the population.
 Minority
populations will represent 25%
of the elderly population.
Increasing Life Spans
2050
1995
0
White
20
Hispanic
40
African American
60
Asian American
80
100
American Indian
We’re Becoming More Diverse
2050
1995
0%
White
10%
Hispanics
20%
30%
40%
African American
50%
60%
Asian American
70%
80%
American Indian
Population Change by Race
White
Non-Hispanic White
Hispanic
Non-Hispanic Black
Non-Hispanic Asian
0%
50%
100%
150%
200%
250%
300%
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.
Opportunities for Business
 Aging
Boomers
– Boomers will be teenagers till the day they
die
– Boomer women are a potent force
 Increasing
Hispanic buying power
American Diversity
Relish It.