Latinos to Increase Their Spending in Foodservice

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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