Power of the Purse: How Hispanics Contribute to the U.S. Economy

New American Economy
Date of Publication: 
December, 2017
Source Organization: 
New American Economy

In this research brief—part of a series from New American Economy (NAE) on the economiccontributions of immigrants—we shed light on how the Hispanic population, both foreign-born and native-born, is enriching our economy. Using the 2015 American Community Survey (ACS) from the U.S. Census Bureau, we examine data on the 56.5 million Hispanics in America—detailing how much they earn each year, their spending power, and the amount they contribute as taxpayers. We also detail their entrepreneurship patterns and where they are making an impact as voters. Although this population is largely made up of U.S. citizens—a full two-thirds of Hispanics in the countrywere born here—we also break out data on the 19.4 million Hispanic immigrants building lives in America.

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New American Economy. (2017). Power of the Purse: How Hispanics Contribute to the U.S. Economy. Retrieved from http://research.newamericaneconomy.org/wp-content/uploads/sites/2/2017/12/Hispanic_V5.pdf