CNN Business reports that Hispanic women are the future of the American economy. An article by Lydia DePillis, states that the share of Latinas starting college right after high school has now
surpassed that of the general population.
When Latinas do have children, they are more likely to be single mothers
— which means they control all of their household spending, as opposed
to just part of it when they're raising kids with a partner.
Hispanic people overall accounted for $1.5 trillion, or 10.4% of total US buying power in 2018, according to the Selig Center at the University of Georgia's Terry College of
Business. That's a 212% jump from 2000. Over the same time period, the
buying power of the broader US population grew at less than half that
rate. By 2060 the Census Bureau projects that Hispanic people will make
up 30% of the population under age 35.
https://www.cnn.com/2019/04/02/economy/equal-pay-day-hispanic-female-wage-gap/index.html?fbclid=IwAR1ow_r6I9sljzRZtgNjAx6gSWgWfXFU-Jw52GM_cT-Y8ITTDKeGcbXcmLo
