U.S Latino GDP Report 2023

LOS ANGELES, CALIFORNIA, USA, September 1, 2023/EINPresswire.com/ — U.S LATINO GDP REPORT 2023

THE U.S. LATINO GDP REACHES NEW RECORD OF $3.2 TRILLION USD.

FIFTH LARGEST GDP IN THE WORLD

REPORT LAUNCH EVENT WILL REVEAL HOW US LATINOS BOLSTER

US ECONOMIC PREEMINENCE FROM THE CHALLENGE OF A RISING CHINA GDP

Dan Hamilton · Matthew Fienup · Paul Hsu · David E. Hayes-Bautista

The annual 2023 U.S. Latino GDP Report, authored by the California Lutheran College (CLU) Middle for Financial Analysis & Forecasting and the UCLA Middle for the Research of Latino Well being and Tradition, unveils a pivotal milestone: the financial output of Latinos in the US surged to a formidable $3.2 trillion in 2021.

Notably, this determine positions the U.S. Latino GDP because the fifth largest worldwide, outpacing economies of great nations akin to the UK, India, and France.

With Latinos representing, based on the US Census, almost 1 in 5 U.S. residents and boasting a inhabitants of 63 million, the report affirms their position as a driving drive behind the nation’s financial prosperity. This 12 months’s findings underscore the resounding financial affect of the Latino neighborhood, appearing as a formidable development engine and safeguarding the U.S. financial system in opposition to the backdrop of rising world financial contenders like China.

2023 U.S. LATINO GDP REPORT LAUNCH EVENT

SEPTEMBER 13, 2023, 10:00 A.M.

Within the report’s launch occasion, scheduled for September 13, 2023, from 10:00 a.m. to midday on the UCLA School Middle, esteemed co-authors Dr. Matthew Fienup, Chief Economist, and Dr. David Hayes-Bautista, Chief Demographer, will current the report’s insights. The occasion will even function a dynamic spherical desk dialogue involving influential figures who’ve will focus on this unprecedented milestone by the US Latino neighborhood:

• Antonio Villaraigosa: Influential voice in California politics, served because the forty first Mayor of Los Angeles and at the moment the infrastructure advisor to the Governor.

• Carlos Alazraki: Mexico’s main political influencer simply surpassed 1 billion views.

• Gabriela Teissier: Completed anchor and journalist on Univision, will average.

The 2023 U.S. Latino GDP Report stands because the end result of the Latino GDP Mission’s sixth annual launch and is a joint effort between the Middle for Financial Analysis & Forecasting at California Lutheran College and the Middle for the Research of Latino Well being & Tradition at UCLA.

For extra particulars concerning the occasion or to RSVP, kindly contact seirasantizo@ucla.edu.

Key Highlights from the 2023 U.S. Latino GDP Report:

• The U.S. Latino GDP surged to $3.2 trillion in 2021 from $2.1 trillion in 2015 and $1.7 trillion in 2010.

• Ranked fifth globally, the U.S. Latino GDP exceeds the financial outputs of great international locations like the UK, India, and France.

Middle for Financial Analysis & Forecasting (CERF)

CERF is a nationally acknowledged financial forecasting heart, which offers county, state and nationwide financial forecasts and customized financial evaluation for presidency, enterprise and nonprofit organizations. CERF economists Matthew Fienup and Dan Hamilton are members of the Wall Avenue Journal Financial Forecasting Survey, the Nationwide Affiliation of Enterprise Economics (NABE) Financial Outlook Survey, and the Zillow (previously Case-Shiller) Residence Worth Expectations Survey. CERF was awarded 2019, 2020 and 2021 Crystal Ball Awards for the Zillow Residence Worth Expectations Survey. CERF’s U.S. residence worth forecast obtained a number of top-3 rankings amongst greater than 100 forecasts included within the survey. CERF is housed at California Lutheran College, a federally designated Hispanic Serving Establishment.

Middle for the Research of Latino Well being & Tradition (CESLAC)

Since 1992, CESLAC has offered cutting-edge analysis, training and public details about Latinos, their well being and their affect on California’s financial system and society. A part of the UCLA Geffen Faculty of Medication, CESLAC is a useful resource for neighborhood members, enterprise leaders and coverage makers who need to acquire insightful analysis and details about Latinos. It affords unparalleled perception into Latino points by means of an strategy that mixes cultural analysis, demographic traits and historic perspective. As well as, it has helped the College of California meet its public service objective by growing the effectiveness of their outreach to the Latino neighborhood.

XinTube.com Video Platform

XinTube is a video platform that curates probably the most impactful US Latino social actions and influencers and helps them monetize their content material like by no means earlier than. XinTube is proud to have partnered with Dr. David Hayes Bautista and Dr. Matthew Fienup to supply the content material capsules that may convey this wonderful content material to mild and proceed its mission of serving the US Latino neighborhood. XinTube could have all of the capsules in each English and Spanish out there at Xintube.com.

The 2023 U.S. Latino GDP Report

The 2023 U.S. Latino GDP Report is a part of a broader analysis agenda often called the Latino GDP Mission, a venture of Neighborhood Companions, www.communitypartners.org. With beneficiant assist from the Financial institution of America Charitable Basis, the Latino GDP Mission was considerably expanded starting in 2021 and now contains calculation of the Latino GDP for focused states and main metropolitan areas. To inquire concerning the report, please contact Dr. Matthew Fienup, Chief Economist, at www.clucerf.org or (805) 493-3668, and Dr. David Hayes-Bautista, Chief Demographer, at www.uclahealth.org/ceslac or (310) 794-0663.

To obtain the complete report (below embargo till 8am PDT, Wed. Sept.13), in addition to Metro Latino GDP reviews, please go to: www.LatinoGDP.us

Jorge Mettey
Mettey Information & Media Consultants
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