“U.S. Latino economic output grows to $3.2 trillion, according to new study”

“The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor Collaborative in partnership with Wells Fargo…

While growth for the Latino community remains widespread in the U.S. geographically, the community drove particular growth in the states of California, Texas and Florida, amounting to $682 billion, $465 billion and $240 billion of economic impact, respectively.

That is largely due to the Latino community’s strong population share, labor force participation and overall productivity in those states…”

https://www.cnbc.com/2023/09/27/us-latino-economic-output-grows-to-3point2-trillion-new-study-says.html

This is not surprising. Hispanics are suppose to make up around 30% of the US population by 2050.