Asian Americans were the fastest-growing minority group in the US last year for the second consecutive year, details the Census Bureau in newly-released estimates. Indeed, Asian Americans matched their growth rate from the year before, with the Asian population growing by 2.9% to 19.4 million. The Hispanic population grew by a relatively smaller 2.1%, but to a much larger 54.1 million. Indeed, Hispanics accounted for 17.1% of the population as of July 2013.
Much as with last year, the primary drivers of population growth for Hispanics and Asians differed. More than three-quarters of Hispanics’ population growth was the result of natural increase (births minus deaths), while 61% of Asian population growth was due to international migration. Read the rest at MarketingCharts.