Demand for Bilingual Professionals Grows in U.S.

Two major factors fuel the increasing demand forPoor’s 500 Index earned 36% of their total
bilingual professionals in the U.S. First, Hispanics nowrevenues in foreign markets in November 2007. While
represent over twelve percent of the U.S. population;the recent economic downturn has slowed foreign
their spending power has more than doubled in lessrevenues, overseas business is still a major force in
than 20 years. Since customers often prefer to dothe U.S. economy. In the international marketplace,
business with someone who speaks their language,bilingual executives help their companies acquire and
companies need bilingual employees to communicatedevelop new markets and build global presence. Their
with their Spanish-speaking customers.language fluency and cultural sensitivity contribute to
The second factor is the expansion of U.S. companiesbridging the differences between the countries.
into other countries. Companies in the Standard &