The US Latino economy is growing faster than the country's as a whole
Briefly

from english.elpais.com3 days ago
The Latino community significantly contributes to the U.S. economy, with the Latino GDP reaching $4.1 trillion in 2023, marking almost a tripling since 2010. This growth places it as the fifth largest economy globally, surpassing countries like Canada and the UK. Notably, the Latino GDP has grown at an average annual rate of 4.4% since 2010, outpacing the overall U.S. economy's 2.2%. Researchers attribute this expansion to a consistently high labor force participation rate, which stood at 6.7 percentage points above non-Latino rates in 2023, showcasing the vital role of Latinos in economic recovery and growth.
The U.S. Latino GDP has reached $4.1 trillion in 2023, growing almost three times from 2010, making it the single fastest-growing GDP globally.
english.elpais.comhttps://english.elpais.com/economy-and-business/2025-04-16/the-us-latino-economy-is-growing-faster-than-the-countrys-as-a-whole.html
Latino labor force participation was 6.7 percentage points higher than non-Latinos in 2023, reflecting strong engagement in the economy despite challenges.
english.elpais.comhttps://english.elpais.com/economy-and-business/2025-04-16/the-us-latino-economy-is-growing-faster-than-the-countrys-as-a-whole.html
Read at english.elpais.com
#economy #latino-community #gdp-growth #labor-force-participation #us-economy
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