Growing
number of Hispanics impact economy
By Isaac
Olivarez (7/11/04)
Last
year’s sale of Major League Baseball’s
Anaheim Angels to Arturo Moreno marked a new day
for Hispanics in the United States. Moreno, 57,
an Arizona native and fourth-generation Mexican-American,
became the first Latino owner of an American-based
professional sports team when he purchased the 2002
World Series champions for $184 million.
“Baseball
has become increasingly diverse,” Bob DuPuy,
MLB’s president and chief operating officer,
announced at the time. “This is … a
first step in increasing minority ownership over
time.”
Most
Hispanics will never earn as much as Moreno, but
his acquisition of the Angels symbolizes the newfound
purchasing power of Hispanics in the United States.
According to a HispanTelligence study, Hispanic
purchasing power in the United States has surged
to nearly $700 billion annually.
Such
statistics prove that dreams of the American variety
do come true with hard work and determination. They
also have rallied companies and advertisers to market
to the Hispanic community.
Hershey
Foods Corporation recently announced a multi-year
partnership with Latin singer and actress Thalía
Sodi as part of its strategy to tap into the fast-growing
Latino market. Thomas Hernquist, Hershey Foods senior
vice president, noted that Hispanics in the country
who are influencing everything from music to fashion
represent a tremendous market opportunity for the
conglomerate.
Allstate
recently launched a television, radio and print
advertising campaign aimed at Hispanics. Major television
networks are producing more programs that appeal
to Latinos. Hip-hop radio stations have even hired
Latino disc jockeys and run promotions in “Spanglish.”
But where
corporate executives and advertising agents see
dollar signs, Assemblies of God leaders see souls.
“Corporate
America is wisely targeting Hispanics,” says
Scott Temple, intercultural ministries director
for the Assemblies of God. “If the church
doesn’t welcome Hispanics first, they could
be taken into a materialistic culture.”
There
are nearly 40 million Hispanics living in the United
States, making it the largest minority group at
13.5 percent. According to University of Notre Dame’s
“Hispanic Churches in American Public Life”
report, there are 12.2 million Latino Christians
in the United States, of whom 9.2 million are Pentecostal
or charismatic.
A/G Hispanics
create their own districts with the mandate of reaching
Latinos in the United States with the gospel, according
to Daniel de Leon, pastor of Templo Calvario in
Santa Ana, Calif., a church with a Sunday morning
attendance of 4,000. Currently, there are eight
A/G Latin districts in the United States with more
than 194,000 members.
“It
allows Hispanics to feel that they have an important
role in the vision of the Assemblies of God,”
de Leon says. “That in turn has created the
responsibility of local autonomous churches to win
our people for Christ.”
As aggressively
as corporate America and advertisers are reaching
out to Hispanics, so should the church, according
to A/G leaders.
“Christ
taught us that we should win everyone for His kingdom,”
de Leon says. “In some areas of our country
it’s going to be Hispanics that fill our churches.”