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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 $1.6 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, ...