New report shows fast-growing economic clout of Latinx community in the U.S.

Latinx GDP in 2021 was $2.7 trillion, making it the 5th largest economy if Latinxs were a country. Their purchasing power totaled $3.4 trillion.
Between 2011-2021, Latinx income grew at an annualized rate of 4.7%, much faster than non-Latinx income growth of 1.9%.
The report argues for greater investment in Latinx communities based on their economic output and growth.
The author cautions against defining Latinx worth solely through economic metrics, arguing human dignity matters beyond just productivity.
The report provides data and context for businesses and leaders on the growing Latinx economic influence.

latimes.com

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