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Nielsen announced the release of its "Significant, Sophisticated and Savvy: The Asian American Consumer 2013 Report," which offers a look into the purchasing habits and lifestyle trends of Asian Americans.
Asian Americans are the fastest-growing multicultural group in the U.S. and are 54 percent more likely than overall U.S. households to have incomes of $100,000.00 or more, according to the report.
"Nielsen's insights demonstrate the expanding opportunities and the positive impact this important ethnic segment can have on businesses and American culture," said Don Lowery, senior vice president of public affairs and government relations, Nielsen. "These demographic insights and consumer trends offer opportunities for community organizations, companies and marketers to tap into this consumer segment."
Key insights from the report include:
"Nielsen's information shows that Asian Americans are a unique, multifaceted group of consumers with different purchasing behaviors and viewing patterns from the general population," said Betty Lo, vice president of public affairs, Nielsen. "Building on their heritage, academic achievement, adaptability and rising spending clout, Asian American consumers are a powerful economic and influential force."
Read more about trends.
Topics: Trends / Statistics