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From the Desk of...

Astin Wu
Sr. Analyst

 

Asian American Tidbit

 No.1: Jan 01

 No.2: Jan 20

 No.3: Feb 02

No.4: Feb 23

No.5: Mar 09

Asian Demographics

 General Info

 Asian Indian

 Chinese-A...

No. 04: Feb. 23, 2009

Looking into 2009:
Where to hunt for Asian dollars?

Asian consumers spend dramatically more than the average U.S. household on homes, education, and public transportation. Asians also spend more than the average household on food (groceries and dining out), telecom services, furniture, floor coverings, major appliances, clothing, cars, and personal insurance and pensions. They spend much less of their budgets on electricity, gas and motor oil, health care, tobacco products, and entertainment.

Average Spending Per Consumer Unit (dollars)

 

(Source: Selig Center for Economic Growth, July 2008)

 

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