U.S. Latinas are increasingly becoming an economic force, their contribution to the GDP amounting to $1.3 trillion in 2021, a more than 50 percent growth since 2010, according to a new report. The figure is larger than that of the entire economy of Florida.
The study, titled "Dando vida a la economia" (Giving Life to the U.S. Economy) was led by professors at California Lutheran University and UCLA's Center for the Study of Latino Health & Culture and funded by Bank of America. Researchers compiled publicly available data from major U.S. agencies, as well multiple State and Metro Area Latino GDP reports to get a deeper understanding of the economic impact Hispanic women have over the country's economy.
