NERA Prosperity Study

SUMMARY: This study presents an analysis of the contributions made by Latino Americans to the US economy. Overall, Latinos are responsible for 29% of the growth in real income since 2005. 

TALKING POINTS:

• The Hispanic poverty rate fell by 2.2 points from 2014 to 2015, while the national average fell by 1.3 points.
• The percentage of Latinos attending college increased from 16% in 1980 to 37% in 2015, approaching the US average of 41%
• At a rate of 65.9%, the Latino labor force participation is higher than the overall US average rate of 62.7%.
• Latinos are becoming more affluent with a median income increase of 6.1% from 2014 to 2015 while non-Hispanic whites only increased by 4.4%.

BUZZ:

• Latino USA, New Economic Study Says US Latinos will Make America Rich, Julio Ricardo Varela

https://www.latinousa.org/2016/12/13/new-economic-study-says-us-latinos-will-make-america-rich/

• Latino Strategies, Making America Rich Again: The Latino Effect on Economic Growth, Juan Proano

http://latinostrategies.com/index.php/2017/05/18/making-america-rich-again/

• Wall Street Journal, The Latino Drivers of Economic Growth, Sol Trujillo https://www.wsj.com/articles/the-latino-drivers-of-economic-growth-1482363118
• Remezcla, A Member on Trump’s Transition Team Spent 55 Pages Explaining How Latinos Already Make America Great, Yara Simon

https://remezcla.com/lists/culture/making-america-rich-again-the-latino-effect/

DATE OF PUBLICATION: December 2016

ABOUT THE RESEARCHER: Dr. Eisenach is a Managing Director and Co-Chair of NERA’s Communications, Media, and Internet Practice. He is also an Adjunct Professor at George Mason University Law School, where he teaches Regulated Industries, and a Visiting Scholar at the American Enterprise Institute, where he focuses on policies affecting the information technology sector, innovation, and entrepreneurship. Previously, Dr. Eisenach served in senior policy positions at the US Federal Trade Commission and the White House Office of Management and Budget, and on the faculties of Harvard University’s Kennedy School of Government and Virginia Polytechnic Institute and State University.