Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
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when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
3. SAFE HARBOR STATEMENT
Some of the comments to be made on this morning’s call may include forward-looking statements,
including statements addressing future financial results. These statements are subject to a
number of risks and uncertainties that could cause actual results or facts to differ materially from
such statements for a variety of reasons including, but not limited to: industry conditions, the
company’s implementation of its new global financial system and the company’s planned
implementation of its new enterprise resource planning system, changes in product supply, pricing
and customer demand, competition, other vagaries in the global components and global ECS
markets, changes in relationships with key suppliers, increased profit margin pressure, the effects
of additional actions taken to become more efficient or lower costs, the company’s ability to
generate additional cash flow and the other risks described from time to time in the company’s
reports to the Securities and Exchange Commission (including the company’s Annual Report on
Form 10-K and Quarterly Reports on Form 10-Q). Forward-looking statements are those
statements, which are not statements of historical fact. These forward-looking statements can be
identified by forward-looking words such as quot;expects,quot; quot;anticipates,quot; quot;intends,quot; quot;plans,quot; quot;may,quot;
quot;will,quot; quot;believes,quot; quot;seeks,quot; quot;estimates,quot; and similar expressions. Shareholders and other readers
are cautioned not to place undue reliance on these forward-looking statements, which speak only
as of the date on which they are made. The company undertakes no obligation to update publicly
or revise any of the forward-looking statements.
First Quarter Earnings
April 23, 2008
5. OVERVIEW
Challenging quarter…
Record level first-quarter sales and WC/sales, positive cash flow generation
Increasingly challenging market conditions at quarter end
Global Enterprise Computing Solutions
Strong growth in storage, software and services offset by weakness in servers
Took actions to adjust cost structure, yet we continue to focus on investing for
the long-term
+ Launch of midmarket initiative, LOGIX acquisition (closing pending)
+ Successful implementation of ERP in North American Sun business
Global Components
Executed well in cautious marketplace
North America stable, double-digit growth in Asia Pac, Europe soft
Book-to-bill above 1 globally
+ North America and Asia Pac above 1.05
Strong Y/Y increase in design registrations in North America
Achieva acquisition further strengthens Asia Pac (closing pending)
First Quarter Earnings
April 23, 2008
6. IN SUMMARY…
Global scale and financial strength allow us to take advantage of
opportunities in the market
Continue to invest in the long-term future of Arrow
Taken steps to be more efficient in all areas of our business
Strategic priorities are clear
Continue to pursue transformational opportunities in ECS
Leverage global scale in components
Install world class systems and processes
Pursue growth opportunities across products, markets and geographies
First Quarter Earnings
April 23, 2008
7. FINANCIAL
OVERVIEW
Paul Reilly
Senior Vice President
& CFO
8. CONSOLIDATED SALES
($ in millions)
Sales $4.0Bn
$4,028 +15% Y/Y, -9% Q/Q
$3,498
+5%Y/Y Pro forma for
$3,192
KeyLink*
$2,727
Q1-05 Q1-06 Q1-07 Q1-08
*Includes KeyLink Systems Group sales in Q1-07 and excludes procurement agreement sales in Q1-08.
First Quarter Earnings
April 23, 2008
9. GLOBAL ENTERPRISE COMPUTING SOLUTIONS
($ in millions)
Sales $1.1Bn
$1,106 +55% Y/Y, -31% Q/Q
+6%Y/Y Pro forma for
KeyLink*
$712
17th consecutive quarter of
$511
$460
Y/Y growth
Lower than anticipated
volume, margin, and rebates
on servers and a lag in return
on investments in growth
initiatives pressured margins
Q1-05 Q1-06 Q1-07 Q1-08
Increased ROWC 28% Y/Y
*Includes KeyLink Systems Group sales in Q1-07 and excludes procurement agreement sales in Q1-08.
First Quarter Earnings
April 23, 2008
10. GLOBAL COMPONENTS
($ in millions)
Sales $2.9Bn
$2,922
$2,785
$2,681
+5% Y/Y, +4% Q/Q
$2,267
Decreased operating
expense/sales 20 bps Y/Y
Operating margin close to
financial target
Decreased WC/sales 70
bps Y/Y
Q1-05 Q1-06 Q1-07 Q1-08
First Quarter Earnings
April 23, 2008
11. ASIA PAC COMPONENTS
($ in millions)
Sales $653MM
$653
+20% Y/Y, Flat Q/Q
$545
$531
Stronger than normal
seasonality
Increased operating income
$304
almost 47% Y/Y
Improved ROWC 200 bps
Y/Y
Q1-05 Q1-06 Q1-07 Q1-08
First Quarter Earnings
April 23, 2008
12. NORTH AMERICAN COMPONENTS
($ in millions)
Sales $1.2Bn
$1,191
Up slightly Q/Q, flat Y/Y
$1,165 $1,162
Sales in core SMB +2%
Q/Q, +2% Y/Y
Grew core SMB operating
$1,046
income 3-4x sales Q/Q and
Y/Y
Increased ROWC 18% Y/Y
Q1-05 Q1-06 Q1-07 Q1-08
First Quarter Earnings
April 23, 2008
13. EUROPE COMPONENTS
($ in millions)
Sales $1.1Bn
$1,107
$1,075
+11% Q/Q, +3% Y/Y
$959
$916
+8% Q/Q, -9% Y/Y,
excluding FX
Increased operating margin
70 bps Q/Q
Grew earnings 2x the rate of
sales Q/Q
Q1-05 Q1-06 Q1-07 Q1-08
First Quarter Earnings
April 23, 2008
14. P&L HIGHLIGHTS
($ in millions, except per share data, may reflect rounding)
1Q08 Q/Q Y/Y
Change Change
Sales $4,028 -9% +15%
Gross Profit Margin 14.6% +70bps -90bps
Operating Exp*/Sales 10.5% +120bps -50bps
Operating Income* $163.6 -20% +5%
Operating Margin* 4.1% -50bps -40bps
Net Income* $97.9 -19% +7%
Diluted EPS* $0.79 -19% +7%
* $47MM of total expense reductions announced in last 3 quarters *
•Represents GAAP measure adjusted to exclude the impact of restructuring and integration and other items affecting comparability. Includes amortization of
intangible assets of $.02. See “Earnings Reconciliation” for a reconciliation between GAAP and “Adjusted” results.
First Quarter Earnings
April 23, 2008
15. STRONG FINANCIAL POSITION
Cash flow of $40MM in Q1
6th consecutive quarter of positive cash flow generation
Ability to self-fund growth initiatives Competitive advantage
Financial Stability
Strong balance sheet
Access to committed liquidity facilities
Focused management of working capital
Increased ROWC almost 160 bps Y/Y
Decreased WC/sales 280 bps Y/Y
ROIC* significantly exceeded cost of capital for the 17th consecutive
quarter
*ROIC = Annualized, tax effected op. income and equity in earnings of affiliates excluding restructuring and other charges - annualized minority interest /( Avg Debt +
Avg Equity – Avg Cash over $150MM).
First Quarter Earnings
April 23, 2008
17. ENTERPRISE COMPUTING SOLUTIONS
Mixed results in the first quarter…
Double-digit Y/Y increases in storage, software, and services
End-of-quarter weakness in servers
Lower than anticipated volume, margin, and rebates on servers and a lag
on return on investments pressured operating margin
ECS Europe moving forward
LOGIX acquisition to bring scale and senior leadership (closing
pending)
Andy Bryant to spend significant time in Europe
Launched midmarket initiative
Implemented ERP in North American Sun business
Successful transition with no delays in orders/shipment
On budget and on time
First Quarter Earnings
April 23, 2008
18. GLOBAL COMPONENTS REGIONAL PERFORMANCE
Sales at the high end of guidance range in a cautious market…
Asia Pacific
Strong Y/Y growth in Taiwan, India, Australia/NZ, and ASEAN region
Continued to outgrow the market
Strategic expansion in Asia Pac
+ Hynetic & Shreyanics in India
+ Achieva in the ASEAN region (closing pending)
North America
Strong sequential increase in book-to-bill
Double-digit Y/Y growth in design registrations
Strong performance in military segment
+ Acquired and integrated ACI Electronics
Europe
Market conditions weakened in Q1
Strong Euro impacting export market
First Quarter Earnings
April 23, 2008
19. GLOBAL COMPONENTS LEADING INDICATORS
Book-to-bill above parity; at 1.03 worldwide for 3rd consecutive Q
NA strengthened, Asia Pac stable, Europe weakened
Lead times stable and within normal range of 8 to 12 weeks
No increase in cancellation rates
Quarterly customer survey in North America
Inventory well positioned heading into Q2
Outlook for purchase requirements softened
First Quarter Earnings
April 23, 2008
21. IN CLOSING…
Mixed performance in cautious market
Components sales at high end of guidance range
ECS performance did not meet expectations
Continue to manage company conservatively and prudently
Maintain flexibility to take advantage of opportunities
Consistently generating cash & balance sheet is in great shape
Committed to investment initiatives to position Arrow for future growth
Focus on efficiency in all areas of business to ensure premium returns to
investors
First Quarter Earnings
April 23, 2008
22. SECOND QUARTER 2008 GUIDANCE
Consolidated Sales $3.85Bn to $4.15Bn
Global Components $2.70Bn to $2.90Bn
Global ECS $1.15Bn to $1.25Bn
Diluted EPS* $0.74 to $0.80
*Excluding Charges, including $.02 to $.03 estimated amortization of intangible assets.
First Quarter Earnings
April 23, 2008
24. EARNINGS RECONCILIATION
$ in thousands, except per share data
Q108 Q407 Q107
Operating income, as Reported $144,143 $193,583 $162,659
Restructuring and integration charges (credit) 6,478 9,955 (6,147)
Preference claim from 2001 12,941 -- --
Operating income, as Adjusted $163,562 $203,538 $156,512
Net income, as Reported $85,871 $113,963 $96,294
Restructuring and integration charges (credit) 4,159 6,598 (4,522)
Preference claim from 2001 7,822 -- --
Net income, as Adjusted $97,852 $120,561 $91,772
Diluted EPS, as Reported $.69 $.92 $.77
Restructuring and integration charges (credit) .03 .05 (.04)
Preference claim from 2001 .06 -- --
Diluted EPS, as Adjusted $.79 $.97 $.74
The sum of the components for net income per share, as Adjusted, may not agree to totals, as presented, due to rounding.
First Quarter Earnings
April 23, 2008
25. EARNINGS RECONCILIATION
References to restructuring and other charges refer to the following incremental charges
taken in the quarters indicated:
Q1-08 Restructuring and Integration Charges: During the first quarter of 2008, the company
recorded a restructuring and integration charge of $6.5 million ($4.2 million net of related taxes or
$.03 per share on both a basic and diluted basis) primarily related to initiatives taken by the
company to improve operating efficiencies. Included in this restructuring and integration charge is a
restructuring charge of $5.3 million related to efficiency initiatives taken by the company during the
first quarter of 2008. These actions are expected to reduce costs by approximately $7.0 million per
annum, with approximately $1.0 million realized in the first quarter of 2008.
Q1-08 Legal Settlement: As previously disclosed, during the first quarter of 2008, the company
recorded a charge, including legal fees, related to a preference claim from 2001 of $12.9 million
($7.8 million net of related taxes or $.06 per share on both a basis and diluted basis).
Q4-07 Restructuring and Integration Charges: During the fourth quarter of 2007, the company
recorded a restructuring and integration charge of $10.0 million ($6.6 million net of related taxes or
$.05 per share on both a basic and diluted basis) primarily related to initiatives taken by the
company to improve operating efficiencies.
Q1-07 Restructuring and integration Charges: During the first quarter of 2007, the company
recorded a restructuring and integration credit of $6.1 million ($4.5 million net of related taxes or
$.04 per share on both a basic and diluted basis), primarily related to the sale of the company's
Harlow, England facility and the acquisition of KeyLink.
First Quarter Earnings
April 23, 2008