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Stock impact report

US Overhauls Race Data to Add Middle Eastern, Hispanic Categories [BNN Bloomberg (Canada)]

Fresh Del Monte Produce, Inc. (FDP) 
Last fresh del monte produce, inc. earnings: 5/2 06:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
collection, the biggest change in how the US measures the races of its residents in at least a quarter century. The moves will also change how Hispanic people are counted in the US so that they are a choice among Black, White and other races, rather than a separate ethnic category, according to a memo released Thursday by the Biden administration. The shift may mean a more accurate count for Hispanic Americans, who make up an estimated 18% of the US population. Middle Eastern and North African, or MENA, Americans are about 1.5% of the population based on the latest Census estimates. Individuals will be able to select multiple categories based on the revisions. Afro-Latino citizens, for instance, will be able to select both “Hispanic or Latino” and “Black and African American.” Office of Management and Budget officials, who requested anonymity to discuss the matter, said the changes should produce more accurate data. The decision comes as tension over the war between Israel and Show less Read more
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