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United States economyCNBC
•90% Informative
The female Hispanic population contributed $1.3 trillion to U.S. GDP in 2021 , an increase from $661 billion in 2010 .
The economic output of Latinas was more than Florida 's economy that year.
Some economists think Latinas could be contributing more to GDP than the report's figure.
Latinas have especially bolstered the contributions of Latinos as a whole, BofA 's report co-authors found.
The growth in labor force participation as well as a rise in educational attainment are resulting in income gains for the group, notably about 2.5 times that of non-Hispanic women from 2010 to 2021 .
Intergenerational shifts and Hispanic women's more rapid population growth over the Hispanic male and non-Latino populations are another catalyst.
VR Score
96
Informative language
99
Neutral language
75
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semi-formal
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English
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50
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Attention-grabbing headline
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Time-value
short-lived
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3
Source diversity
3
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