A new study by Technomic, shows that, with incomes raising, Latinos are visiting restaurants more often, and broadening the types of restaurants they visit.
The study found:
62% of Latinos expect their personal financial situation to improve next year.
54% of Spanish-dominant Latinos say they are now more likely to visit restaurants compared to 2015.
Latinos in the U.S. boast a purchasing power of close to $2 trillion USD, bigger than some of the largest economies in the world.
The study is available at www.technomic.com