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U.S. Latino immigrants generate $1.6 trillion in GDP, report says
CNBC·2025-09-25 06:46

People seen holding Puerto Rican flag during the annual Puerto Rican Day Parade on 5th Avenue in New York City.U.S. Latino immigrants accounted for 1.6trillioninGDPin2023,accordingtoanewresearchreportbytheLatinoDonorCollaborative,contributingtoanoverallpurchasingpowerforU.S.Latinosof1.6 trillion in GDP in 2023, according to a new research report by the Latino Donor Collaborative, contributing to an overall purchasing power for U.S. Latinos of 4.1 trillion. The 2023 data is the most recent year included in the study.U.S. Latino GDP, measuring the economic impact of the cohort, was up 50% in 2023 from 2015, boosted by increasing education, ...