This document discusses the growing Hispanic population and economy in the United States and Quad Cities region. It notes that the Hispanic population is projected to reach 30% of the total US population by 2050, and currently has a purchasing power of $2 trillion. In the Quad Cities region specifically, the Hispanic population has grown 83% since 1990 and makes up $630 million to $1 billion of the local earning power annually. The document advocates for establishing a Hispanic Chamber of Commerce to provide economic empowerment and resources for Hispanic businesses in the area.

1. Bob Ontiveros
Chairman, Group O

2. United States
Previous 2050
projections predicted US
population would rise to
438 Million with 109.5
million Hispanics (25%)

3. n In 2050, 30% of the
population will be Hispanic
(128 million).
– according to Jeff Passel,
Senior Research Associate
for Pew Hispanic Center in
Washington, D.C.

4. The 2010 purchasing
power of Hispanics has
increased to $2 trillion from
$1 trillion.
Seventy percent of
the nation's Hispanic
population is under the
age of 30.

5. More importantly, they
will be paying into social
security when the baby
boomers will be retiring.

6. Quad Cities Region
n The population of the
Quad Cities region is
376,019 with approximately
45,122 Hispanics (all
generations).

7. n The Hispanic population
in Scott and Rock Island
Counties has grown 83%
since 1990.
n In 2000 local estimates
had the Hispanic population
in the IL QC reaching
45,000 in 2015, however,
the Hispanic population
growth has surpassed
estimates.

8. n Eighty-nine percent of the
working Hispanic population
makes over $15,000 and
under $60,000 per year.
Locally, Hispanic earning
power is approximately
$630 million to $1 billion per
year.

9. Why a Hispanic Chamber
of Commerce?
A Chamber:
Provides economic
empowerment for the Hispanic
business community.
Offers programs to give
members more visibility and
participate in the general economy.

10. Provides resources and
education to support their
knowledge of opportunities
with the city and state
governments.
Expands their network and
builds resources including
health care and financial
services.

11. Illinois Hispanic Chamber
of Commerce
Established in 1990, the
Illinois Hispanic Chamber
of Commerce is by far the
leading Hispanic business
group in the state of
Illinois.

12. IHCC is the preferred
source of guidance,
assistance, and networking
opportunities for Hispanic
business owners in Illinois.

13. The Chamber enjoys
outstanding relationships with
Hispanic and other key
stakeholders including elected
officials and community
leaders.

14. IHCC has a membership
base 1,400 strong and
access to networks enabling
it to reach thousands of
Hispanic businesses beyond
its membership.