- The GDP produced by Latinos in the U.S. in 2015 was $2.13 trillion.
- If it were an independent country, the Latino GDP would be the 7th largest in the world, larger than the GDP of India, Italy, Brazil or Canada. The Latino GDP would trail only the U.S., China, Japan, Germany, the U.K., and France.
- Of the top ten economies, it would be the third-fastest growing GDP.
- The U.S. Latino GDP is growing 70% faster than the country's non-Latino GDP.
- Latinos accounted for 70% of the U.S. work force's increase in the first half of this decade.
- As young Latinos enter the work force and the older non-Latinos leave it, the Latino GDP will account for an increasing portion of the total U.S. GDP growth, projected to be 24.4% of total US GDP growth by 2020
September 7, 2017
America's latino GDP growing70% faster than non-latino GDP
National Institute for Laiino Policy
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1 comment:
Please don't say you believe this bare-faced propaganda, Sam!
GDP measures money changing hands. That's it. It can be for the destruction of an old-growth forest, taxpayers paying for criminal warehouses (aka private prisons), compensation to victims (okay, not much of that), more wealth transferred up, ammunition wasted in preparing for the next episode of adventurism. If money changes hands, that increases the GDP.
So pleeeaaaase don't push this crap on us unless you disclaim it.
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