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Story perspectives

Hispanic Consumer Spending Plummets Amid Rising Costs

9/7/2025

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Story summary
  • Hispanic consumer spending in the US is declining amid rising costs and economic uncertainty.
  • Research indicates minimal spending growth among Hispanic families compared to White and Black households.
  • Companies like Jack in the Box and Constellation Brands report decreased purchases from Hispanic customers.
  • Four in five Hispanics struggle with rising prices, leading to shifts toward lower-priced brands.
  • Many households are cutting back on dining out to manage their budgets.