Los Angeles Daily News | “U.S. Latino economy surpasses Japan, ranks fourth worldwide”
The Los Angeles Daily News quoted Dr. David Hayes-Bautista and Dr. Paul Hsu about their research.
The Los Angeles Daily News quoted Dr. David Hayes-Bautista, professor in the Department of Health Policy and Management, and Dr. Paul Hsu, assistant professor in the Department of Epidemiology, about their research into U.S. Latinos and the American economy.
"The U.S. Latino economy reached $4.4 trillion in 2024, surpassing Japan to become the fourth-largest gross domestic product in the world, according to a report announced today by researchers at UCLA and California Lutheran University.
'New data indicate that the U.S. Latino GDP was not only larger and growing faster in 2024, but it shattered records for economic vibrancy,' Dr. David Hayes-Bautista, UCLA professor and co-author of the report, said in a statement. 'Latinos are key to a bright future for the United States.' "
Also quoted was Dr. Paul Hsu, assistant professor in the Department of Epidemiology and a co-author of the report.
" 'The strong labor force growth demonstrates a Latino demographic resilience that has truly driven the country’s overall economic growth,' (Hsu) said."
