Latinos in the greater Los Angeles metropolitan region are making significant and rapidly growing contributions to the economy, according to a first-of-its-kind report by researchers from California Lutheran University and UCLA. The region’s Latino gross domestic product, or economic output, was $284.5 billion in 2018, the researchers found, larger than the entire economy of states like Oregon or Louisiana.
The full 2022 Los Angeles Metro Latino GDP Report will be officially revealed on Thursday, Sept. 8, during the L’Attitude Los Angeles Business Summit at The Belasco Theater in L.A.
The study, which covers the Los Angeles, Long Beach and Anaheim metropolitan statistical area (MSA), is co-authored by the Center for Economic Research and Forecasting (CERF) at Cal Lutheran and the Center for the Study of Latino Health and Culture (CESLAC) at UCLA, and funded by the Bank of America Charitable Foundation. In 2018, the Los Angeles metro area had a Latino population of 6 million, making L.A. the single largest MSA in the U.S. by Latino population.