Over the past decade, Hispanic Americans were the primary driver of labor force growth, registered above-average income gains, and accounted for a growing share of spending. Recent trends suggest Hispanics are likely to exert an even greater influence on growth over the coming decade. Compared to the broader population, the U.S. Hispanic population is significantly younger and faster-growing, while at the same time becoming increasingly educated. To commemorate National Hispanic Heritage Month, we look at the increasingly important footprint of Hispanic Americans on the economy.
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