New LDC Report Produced in Partnership with the W. P. Carey School of Business at Arizona State University Finds U.S. Latinos Are Driving the Third Largest Consumer Cohort in the World
The report finds that the U.S. Latino economy continues to outperform the broader U.S. economy across several key economic indicators. At $4.4 trillion in GDP, the U.S. Latino economy, if measured independently, would rank as the world's fourth largest, above Germany and India, and it is also the fastest-growing among the world's largest economies.
The Latino Donor Collaborative (LDC) today released The 2026 LDC U.S. Latino Economic Impact Report: Part One, revealing that U.S. Latinos generated 28.2% of all U.S. economic growth in 2024 despite representing approximately 20% of the population. They continue to outpace national growth across income, entrepreneurship, and consumer spending.
The report's findings will be featured today on CNBC's Squawk Box, where Sol Trujillo, Chairman and Co-Founder of the LDC, will discuss what the data means for investors and policymakers assessing where U.S. economic growth is headed.
Additionally, U.S. Latinos generated $3.4 trillion in Gross Domestic Income in 2024, an 8% increase over the previous year, while household consumption reached $2.8 trillion, the third largest consumer cohort in the world, larger than that of Germany and India. Since 2019, inflation-adjusted Latino household consumption has grown nearly three times faster than that of non-Latino households.
