Latino spending rises Disgraced cyclist Lance Armstrong once commanded million of dollars in endorsements. But that all dried up when it became apparent that he used performance enhancing drugs to win races. There one near my house and it always hopping. I occasionally go in there to get the chips and pico de gallo they make (which by the way are incredible) and sometimes I can barely squeeze through the aisles. If you need more proof take a look at how many Latino families own homes here in Southern California. Housing spending by Latinos in Los Angeles County totaled $29 billion in 2014. They also spent $10.9 billion on food, outpacing the $8.5 billion that was collectively spent by black, Asian and other non white households that year. Those numbers came from a newly released report from Beacon Economics entitled, Analysis of Latino Household Consumer Spending in Los Angeles County. The report also shows that more than $1 of every $4 spent by Angelinos in 2014 came from Latino households. Much of that comes from the fact that Latinos now nike lunarglide account for a big part of the population in many Southland communities. County cities where Latinos make up 8o percent or more of the population. Those include Irwindale, San Fernando, Pico Rivera, Baldwin Park and South El Monte, among others. On a bigger scale, they accounted for the majority of population in 33 of the county 88 cities. That increased spending power has also been fueled by the fact that an increasing number of Latinos are graduating from college and have more money to spend. County received bachelor degrees a 135 percent increase from 2000. Equally impressive were the 83,058 Latinos who graduated with master degrees. That was up 65 percent from the year 2000. But enough of that. Now I want to jump over to this new movie that coming out about Lance Armstrong. What that got to do with the economy, you ask? As it turns out, a lot. For those of you who forgot, Armstrong was once one of the biggest athletes on the planet for snagging product endorsements. They ranged from Trek bicycles and Anheuser Busch beer to Nike shoes, 24 Hour Fitness and Honey Stinger, a Colorado based maker of honey based nutrition foods. They were worth millions and millions of dollars. But as we all know, that quickly turned on a dime. Once it became apparent that his seven Tour de France victories were fueled by performance enhancing drugs the game was up. Those endorsements evaporated. This new movie, Program, documents his fall from grace. And Armstrong fall has to be one of the biggest ever. But I have to confess, he the guy who got me into cycling. So on that score, I glad he came along because it not often in life that someone inspires you to do something you hadn done before particularly when that something becomes a big part of your life. So despite all of the lies that have surrounded him, I still drew something positive from the mess. Although we do not pre screen comments, we reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise nike shoes drawing objectionable to us, nike shoes discount code and to disclose any information necessary to satisfy the law, regulation, or government request. We might permanently block any user who abuses these conditions.