1. Regional Economic Impact Research: Hispanic Communities of Central Florida Hank H. Fishkind, Ph.D., President Fishkind & Associates, Inc. 11869 High Tech Avenue Orlando, Florida 32817 March 3, 2005

2. General Conclusions  Almost 20% of the Central Florida population is of Hispanic origin  The Hispanic population has increased by 11.8 percentage points since 1990  The purchasing power of the Hispanic population has reached $6.9 billion Expected to increase to $8.2 billion by 2007

3. General Conclusions (Continued)  $11.3 billion in Regional spending is supported by the Hispanic community  32 thousand jobs are supported by spending of the Hispanic communities of Central Florida  $1 billion in wages/salaries are paid as a result of the spending of the Hispanic Communities of Central Florida

4. Overview  Aggregate National Trends  Local Trends  Community Profiles Population distributions Migration trends Income profile Population Forecast Economic Impacts

5. Aggregate Trends

6. National Population Distributions Among the Hispanic Community  58% Mexican  10% Puerto Rican  4% Cuban  28% of other Hispanic Origin

7. National Population Growth of Hispanic Community  58% Growth between 1990 and 2000 53% Growth of Mexican American community 25% Growth of Puerto Rican American community 19% Growth of Cuban American community

8. State / Regional / Local Trends

9. State / Regional Trends in Hispanic Population Growth  Statewide the Hispanic community has increased 70.4%, 1990 to 2000  Regionally the Hispanic community has grown by 175%, 1990 to 2000  47 of the 67 Florida counties experienced growth above 100% Lake, Orange, Osceola and Seminole were included

10. Local Trends in Hispanic Population Growth  Between 1990 and 2000 the Hispanic populations in: Lake County increased by 184% Orange County increased by 166% Osceola County increased by 296% Seminole County increased by 117%

11. Community Profiles  Lake County  Orange County  Osceola County  Seminole County

12. Lake County Hispanic Populations  6.2% of the total population considers themselves of Hispanic origin ============================  Within the Hispanic community 44.6% are Mexican 27.7% are Puerto Rican 4.7% are Cuban 3.6% are South American 19.3% Other

13. Lake County Major Sources of Hispanic In-Migration  14.9% of the total in-migration originates form the U.S. Northeast ===============================  14.7% Cuban migration form U.S. Northeast  39.7% of Mexican migration from foreign countries  20.1% of Puerto Rican migration from U.S. Northeast  30.9% of South American migration from U.S. Northeast  20.52% of Other Hispanic migration from U.S. Northeast

14. Lake County Hispanic Per Capita Income Profiles  Countywide per capita income $13,762 =========================  Cuban income $24,719  South American income $16,932  Puerto Rican income $15,011  Mexican income $11,099  Other Hispanic income $11,666

15. Lake County Hispanic Population Forecast 199020002004200520062007 Cuban366638738756770783 Mexican2,3585,6387,0047,2867,5307,770 Puerto Rican5952,9784,3424,6674,9735,281 South American498559572569563556 Other3371,9953,0313,2843,5233,766 ==== Total4,15411,80815,68916,56217,35918,155 Annual Growth-----11.0%7.4%5.6%4.8%4.6%

16. Lake County Hispanic Populations’ Economic Impacts  $322 million in spending in 2004  $386 million in spending by 2007 =========================  The Mexican community made the larges contribution with $159 million in 2004  Expected to increase to $183 million by 2007

17. Lake County Hispanic Populations’ Economic Impacts (Continued)  An additional $187 million in County spending is supported by the Hispanic community $45 million in additional wages/salaries are paid  1,427 additional jobs are supported

18. Orange County Hispanic Populations  21.1% of the total population considers themselves of Hispanic origin =========================  Within the community 49% are Puerto Rican 11.3% are Mexican 7.8% are South American 6.5% are Cuban 25% Other

19. Orange County Major Sources of Hispanic In-Migration  23% of the total in-migration originates from the U.S. Northeast ===============================  28.6% of Cuban migration from foreign countries  37% of Mexican migration from foreign countries  36.6% of Puerto Rican migration from Puerto Rico  54.1% of South American migration from foreign countries  23.9% of Other Hispanic migration from U.S. Northeast

20. Orange County Hispanic Per Capita Income Profiles  Countywide per capita income $13,177 =========================  Cuban Income $21,919  South American Income $16,669  Puerto Rican Income $14,874  Mexican Income $13,684  Other Hispanic Income $11,705

21. Orange County Hispanic Population Forecast 199020002004200520062007 Cuban7,05612,37113,82514,13214,41314,684 Mexican7,43919,75524,15525,19326,19327,186 Porto Rican34,09186,583104,885109,171113,292117,372 South American10,16415,43616,66516,89717,09617,280 Other4,33734,21654,34859,56964,80270,111 ==== Total63,087168,361213,879224,962235,797246,632 Growth 10.3%6.2%5.2%4.8%4.6%

22. Orange County Hispanic Populations’ Economic Impacts  $4,088 million in spending in 2004  $4,819 million in spending by 2007 =========================  The Puerto Rican Community is the largest contributor with $2,064 million in 2004 Expected to increase to $2,422 million by 2007

23. Orange County Hispanic Populations’ Economic Impacts (Continued)  An additional $2,629 million in County spending is supported by the Hispanic community $631 million in additional wages/salaries are paid  19,567 additional jobs are supported

24. Osceola County Hispanic Populations  32.5% of the total population considers themselves of Hispanic origin ============================  Within the community 58.2% are Puerto Rican 7.5% are South American 6.1% are Mexican 3.8% are Cuban 24.5% Other

25. Osceola County Major Sources of Hispanic In-Migration  26.2% of the total in-migration originates from the U.S. Northeast ===============================  27.9% of Cuban migration from foreign countries  31.2% of Mexican migration from foreign countries  45.3% of Puerto Rican migration from Puerto Rico  43.6% of South American migration from foreign countries  29.7% of Other Hispanic migration from Puerto Rico

26. Osceola County Hispanic Per Capita Income Profiles  Countywide per capita income $16,712 =========================  Cuban Income $19,085  Puerto Rican Income $13,359  South American Income $13,243  Mexican Income $12,264  Other Hispanic Income $10,171

27. Osceola County Hispanic Population Forecast 199020002004200520062007 Cuban9432,1782,7532,8512,9373,018 Mexican1,1613,4004,4984,7054,8925,075 Porto Rican8,09130,72842,66245,07747,33049,559 South American1,6894,2545,4695,6855,8776,061 Other92910,16717,92119,82721,71823,650 ==== Total12,81350,72773,30478,14482,75487,363 Growth 14.8%9.6%6.6%5.9%5.6%

28. Osceola County Hispanic Populations’ Economic Impacts  $1,390 million in spending in 2004  $1,690 million in spending by 2007 =========================  The Puerto Rican Community is the largest contributor with $801 million in 2004 Expected to increase to $946 million by 2007

29. Osceola County Hispanic Populations’ Economic Impacts (Continued)  An additional $833 million in County spending is supported by the Hispanic community $199 million in additional wages/salaries are paid  6,154 additional jobs are supported

30. Seminole County Hispanic Populations  12.3% of the total population considers themselves of Hispanic origin ============================  Within the community 30.5% are Puerto Rican 6.2% are South American 6.1% are Mexican 5.4% are Cuban 19.5% Other

31. Seminole County Major Sources of Hispanic In-Migration  23.6% of the total in-migration originates from the U.S. Northeast ===============================  19.2% of Cuban migration from foreign countries  28.7% of Mexican migration from foreign countries  25% of Puerto Rican migration from Puerto Rico  25.8% of Other Hispanic migration from Puerto Rico

32. Seminole County Hispanic Per Capita Income Profiles  Countywide per capita income $18,588 =========================  Cuban Income $23,138  South American Income $19,860  Mexican Income $18,689  Puerto Rican Income $18,202  Other Hispanic Income $14,552

33. Seminole County Hispanic Population Forecast 199020002004200520062007 Cuban2,0913,6103,9484,0244,0984,171 Mexican1,8013,8714,4554,5924,7254,859 Porto Rican9,52119,60922,34822,98723,61224,234 South American4,1944,6904,5544,5114,4654,419 Other1,1518,95114,28015,60016,91318,228 ==== Total18,75840,73149,58551,71453,81355,912 Growth 9.6%8.1%4.3%4.1%3.9%

34. Seminole County Hispanic Populations’ Economic Impacts  $1,113 million in spending in 2004  $1,328 million in spending by 2007 =========================  The Puerto Rican Community is the largest contributor with $527 million in 2004 Expected to increase to $610 million by 2007

35. Seminole County Hispanic Populations’ Economic Impacts (Continued)  An additional $726 million in County spending is supported by the Hispanic community $176 million in additional wages/salaries are paid  5,462additional jobs are supported