Report: U.S. Latino GDP tied with France, greater than Italy
The total economic output of U.S. Latinos reached $2.7 trillion in 2019 and would be tied for the seventh-largest GDP in the world if U.S. Latinos were an independent country, according to a report released Wednesday.
Why it matters: The report showed U.S. Latino buying power continues to grow and is driven by U.S. births, not immigration.
By the numbers: The detailed study by the Latino Donor Collaborative, a non-profit organization researching Latino issues, was unveiled at the L'attitude conference in San Diego. L'attitude seeks to connect venture capitalists with startups and pressure media...