Hispanics' Daily Spending Well Above U.S. Average

According to a new Gallup Survey, hispanic adults in the U.S. in 2014 have reported spending more money on a daily basis, on average, than is typical for the U.S. adult population: $96 vs. $90, respectively.

One likely reason Hispanics report higher average spending than whites and blacks is that they are more likely to have children younger than 18 living in their households. Half of Hispanics report having children younger than 18, compared with 29% of whites, 39% of blacks and 36% of Asians. Previously, Gallup has found that having children is associated with higher daily spending, and analysis of 2014 data shows that within each major racial and ethnic group, those who have children spend substantially more than those who do not.