America Quote by Luis Gutierrez
“According to the study, approximately 16.7 million U.S. workers born in Latin America had a combined gross income of $450 billion last year, of which 93 percent was spent locally.”
About This Quote
Source Report: U.S. Labor Statistics, 2023
Latino workers generate massive economic impact, spending most earnings locally.
In simple terms: Latino workers spend most of their income locally.
Support local economies.
Themes
Mood
Type
When to use this quote
- policy making
- business investment
- community planning
Key Concepts
Questions to Reflect On
- How can policies amplify local reinvestment?
- What barriers limit spending?
Data may not capture informal economies.