the changing face of america summer 2003 john e megley iii
TRANSCRIPT
The Changing Face of America
Summer 2003
John E Megley III
Population Explosion
By 2050, America’s population may reach 400 million.
0
50
100
150
200
250
300
350
400
450
Population inMillions
76.1 262.8 393.9
1900 1995 2050
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%
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 fastest-growing age group.
People over 50 will represent 35% of the population.
Minority populations will represent 25% of the elderly population.
Increasing Life Spans
0 20 40 60 80 100
1995
2050
White Hispanic African American Asian American American Indian
We’re Becoming More Diverse
0% 10% 20% 30% 40% 50% 60% 70% 80%
1995
2050
White Hispanics African American Asian American American Indian
Population Change by Race
0% 50% 100% 150% 200% 250% 300%
Non-Hispanic Asian
Non-Hispanic Black
Hispanic
Non-Hispanic White
White
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.