Latino GDP Smashes Through $3 Trillion Threshold Fifth Largest GDP In The World

CLU’s Center for Economic Research & Forecasting and UCLA’s Center for the Study of Latino Health and Culture will present the 2023 U.S. Latino GDP Report at a live event.

News Anchor Garbiela Teissier will moderate a discussion about the report’s findings with a distinguished panel that includes advertising executive Carlos Alazraki, Elizabeth Parrott of the Federal Reserve Bank of San Francisco, and former Los Angeles Mayor Antonio Villaraigosa. Ray Vasquez, Market Executive for research sponsor Bank of America, will also offer comments about the research. Award- winning Television Executive Jorge Mettey will announce the launch of an exciting partnership between the Latino GDP Project and streaming platform XinTube.

The date is Wednesday, September 13, 2023, at 10:00 a.m. – 12:00 noon at UCLA Faculty Club, Morrison Room (480 Charles E Young Dr E, Los Angeles, CA 90095)

 The 2023 U.S. Latino GDP Report is produced by the Center for Economic Research & Forecasting at California Lutheran University (www.clucerf.org) and the Center for the Study of Latino Health and Culture (CESLAC) at UCLA (www.uclahealth.org/ceslac). The report is part of a broad research agenda known as the Latino GDP Project, a project of Community Partners (www.communitypartners.org).

Despite a second year of COVID-19 pandemic conditions, Latinos in the U.S. propelled the overall economy forward with inflation adjusted Latino GDP growth of an extraordinary 7.1 percent in 2021. 

For the first time ever, the U.S. Latino GDP smashed through the $3 trillion threshold, representing the world’s fifth largest GDP. 

The 2023 U.S. Latino GDP Report, the 6th annual report in this series, indicates that Latinos are drivers of growth and a source of resilience for the broader U.S. economy.