Collage of faces

Driving Prosperity

How Latino and Black Communities Fuel the U.S. Economy

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The Economic Impact of the Latino and Black Communities

Black, Latino, and Hispanic communities are driving forces in the U.S. economy, contributing trillions in GDP, tax revenues, entrepreneurship, and consumer spending. With surging business ownership, expanding purchasing power, and growing influence across key industries, our communities not only fuel economic growth but also shape the future of the American market. Our rising impact—despite persistent disparities—highlights both our essential role today and the vast potential that remains untapped. Dive into the full report to explore the data behind this powerful economic story.

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How We Build Our Future Economy

As Latino and Black communities grow in size and impact, embracing diversity, equity, and inclusion (DEI) in education, employment, and business is key to unlocking the full potential of the U.S. economy. The report highlights that pro-DEI strategies fuel innovation, job creation, and GDP growth, while rollbacks risk billions in lost output. With demographic shifts reshaping the workforce, investing in equity is not optional—it’s the smartest path forward. Read the full chapter to see why the future of American prosperity depends on inclusion.

The following infographics bring the data to life—visually illustrating the powerful economic contributions of Black and Latino communities, the impact of inclusive policies, and the opportunities that lie ahead:

GDP Contribution

Black and Latino: 24%. Non-Hispanic White: 76%.

Black & Latino Popuplation

Black and Latino: 112,300,000