At the beginning of 2020, annual population growth was projected to be the lowest in U.S. history outside of wartime. Add in the pandemic and, by July 2021, some were wondering if the population would decrease for the first time on record before the year ended. James Johnson, a demographic expert and professor of strategy and entrepreneurship at the University of North Carolina at Chapel Hill says “We’re an aging nation — the most rapid growth is among 65 plus, and 85 plus is growing more rapidly than the 25- to 44-year-old population.”Within this context of general decline, one sector has outsized potential to contribute to local economies. The nation’s Latino population has emerged as a unique engine of growth, say the authors of the 2021 Latino GDP Report, published by the nonprofit Latino Donor Collaborative (LDC).
https://www.governing.com/work/are-latinos-the-future-of-state-and-local-economic-growth
