- As of 2024, an estimated 36.2 million Hispanic adults are eligible to vote, up from 32.3 million in 2020, making them the fastest-growing racial and ethnic group in the U.S. electorate.
- In 2023, undocumented immigrants, including many Hispanic individuals filing with ITINs, contributed nearly $90 billion in federal, state, and local taxes, and $652 billion combined with all immigrants. Despite being ineligible for most benefits, they paid into Social Security and Medicare, supporting the programs they won’t receive.
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Louisiana’s population increased by 10,000 in 2024, the first increase in 5 years.
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Louisiana has been the #1 state for Foreign Direct Investment since 2008.
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New Orleans is the #1 location in the U.S. for young entrepreneurs.
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46% of Fortune 500 companies were founded by immigrants or their children.
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In 2023, 84% of Hispanic-owned businesses were profitable, compared to 80% of White-owned businesses, the first time LOBs outpaced WOBs in profitability.
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Louisiana ranks 1st nationally in Hispanic Entrepreneurship, with 16.9% of employed Hispanics registered as entrepreneurs, nearly double the national average of 9.5%.
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As of 2023, Louisiana experienced a 27% increase in the number of Hispanic-owned businesses compared to five years prior.
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In 2024, only 21% of Hispanic business owners received the full funding they applied for, compared to 40% of White business owners, a persistent funding gap.
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The U.S. Hispanic GDP reached $3.6 trillion in 2022, making it the fifth-largest economy in the world, ahead of India, the United Kingdom, and France.
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51% immigrant workforce on dairy farms
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45% immigrant workforce in meatpacking
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29% immigrant workforce in construction
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20% immigrant workforce in manufacturing & agriculture
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15% immigrant workforce in education & healthcare
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Louisiana ranks 15th nationally in the percentage of Hispanics employed in management, business, and financial occupations.
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Louisiana is home to 25,282 Hispanic-owned businesses, representing 5.4% of the workforce and 5.3 % of all businesses in the state.
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The North Louisiana Meta Data Center Project ranked #1 Deal of the Year for 2024
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The U.S. Hispanic economy is projected to surpass Germany’s GDP by 2027.
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As of 2023, the Hispanic community comprised 7.9% of Louisiana’s total population, totaling 322,549 residents.
