The U.S. Latino GDP Report 2025 Part Two expands the nation’s most cited Latino economic analysis with state-level GDP data, 2030 forecasts, Mexican American GDP, and immigrant GDP—plus macro scenarios that quantify the costs of mass deportation. Produced by the Latino Donor Collaborative (LDC) with research by W. P. Carey School of Business at Arizona State University and sponsored by Wells Fargo, Part Two shows where growth accelerates, how consumption patterns reshape markets, and why Latino workers remain essential to U.S. competitiveness.
U.S. Latino GDP Report 2025 Part Two uniquely adds: Mexican Americans driving over 75% of Latino GDP in California, Texas, and Arizona; $1.6T in GDP from Latino immigrants; rapid projected gains through 2030 in big states like California and Texas and outsized percentage growth in Midwest and Mid-Atlantic states; plus consumption and sector trends anchored by manufacturing at $547B with strong real growth. It also models immigration reductions, finding lasting GDP losses and higher debt-to-GDP if deportations persist.
These insights give business leaders, investors, and policymakers a forward view of where to allocate capital, expand hiring, and plan for demand. Download Part Two for the full tables, methods, and projections.
Citation: Latino Donor Collaborative. (2025). The 2025 Official LDC U.S. Latino GDP Report™ – Part Two. Link





