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CERF Releases first-ever LATINA GDP Report

Our Center for Economic Research and Forecasting is making huge waves - again. Following up on their groundbreaking research on the Latino GDP, faculty members Matthew Fienup and Dan Hamilton (with UCLA collaborator David Hayes-Bautista) released the first-ever LATINA GDP Report last week, and the numbers are both staggering and fascinating: The 2021 U.S. Latina GDP is $1.3 trillion, up from $661 billion in 2010. The total economic output of Hispanic females in 2021 is larger than the entire economy of Florida. From 2010 to 2021, the economic contribution of Latinas grew a total of 51.1 percent. Over this entire period, the real GDP of Hispanic females grew 1.2 times the rate of Hispanic males’ GDP and an astonishing 2.7 times the rate of Non-Hispanic GDP. From 2010 to 2021, the real incomes of Hispanic females grew a total of 46.0 percent compared to only 18.5 percent for Non-Hispanic females. And from 2010 to 2021, the number of Hispanic females with a bachelor’s degree grew a total of 103.0 percent! No wonder that MORE THAN 300 (!) media outlets reported on CERF's report, including the Washington PostFinancial TimesFast Company, YahooFinance, NASDAQAP NewsSeattle TimesMSN, and many others. Matthew Fienup was also interviewed on the report by CNBC and KNX News.

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