Latino Donor Collaborative and Wells Fargo published a study last month that revealed that Latinos contributed $3.6 trillion to the U.S. economy in 2020, which would hypothetically rank U.S. Latinos as the fifth largest economy in the world surpassing countries like France, United Kingdom and Canada. Manufacturing alone contributed $457.4 billion to the Latino economy, marking a significant 48.4% year-over-year growth.
Days later, another study revealed that Latinas alone contributed a staggering $1.3 trillion to the nation's economy in 2021. In fact, Latinas have now surpassed Non-Latina women in workforce participation, highlighting their growing presence in industries across the economy.
