July 1, 2017

THE BEST IS YET TO COME:

Latinos key to U.S. economic growth, study finds (Octavio Blanco, 7/01/17, CNNMoney)

In 2015, the 55 million Latinos living and working in the U.S. were responsible for $2.13 trillion -- or 11.8% -- of America's $18.04 trillion gross domestic product, according to a study released Thursday by the Latino Donors Collaborative, a nonpartisan association of Latino business, political and academic leaders.

And those contributions are expected to continue to grow.

By 2020, the researchers estimate that Latinos will fuel nearly a quarter of all U.S. GDP growth, and represent 12.7% of the country's total GDP. Helping to power that growth will be the growing number of young Latinos who will be joining the workforce as an older generation of American workers -- the Baby Boomers -- retire.

Posted by at July 1, 2017 4:59 PM

  

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