28 • September | October 2026 • abasto.com 68 million The Hispanic population of the United States as of July 1, 2024, making it the nation’s largest racial or ethnic minority — 20% of the total population. Source: Vintage 2024 Population Estimates 15 The number of states with one million or more Hispanic residents in 2024 — Arizona, California, Colorado, Florida, Georgia, Illinois, Massachusetts, New Jersey, New Mexico, New York, North Carolina, Pennsylvania, Texas, Virginia and Washington. Source: Vintage 2024 Population Estimates 31.2 The median age of the Hispanic population in 2024. Source: National Population by Characteristics: 2020-2024 ispanic eritage H Established in 1968 and expanded in 1988, National Hispanic Heritage Month runs Sept 15–Oct 15. The dates commemorate independence days across Latin America, including Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Mexico, and Chile. What is next? Latino Donor Collaborative , with 2025 data, reveals that by 2051, 1 in 3 American businesses will be Latino-Owned. In the next 25 years, Latinos will drive the nation’s pro- gress. By 2050, the U.S. will be the largest Spanish-spea- king nation. The Latino Power The total economic output of the US Latino community, which at roughly $4 trillion would be the fifth-largest economy of the world, revealed a chart created by Latinometrics, using the 2024 U.S. Latino GDP Report, World Bank data. The U.S. has the first place, followed by China, Japan and Germany. Around 65 million US Latinos outper- form every economy worldwide aside from China, Ger- many, Japan, and (of course) the US. Hispanics are 10 times more emplo- yable than non-His- panics, driving a 69% worker surge since 2003. US latinos woulb be word’s 5th largest economy What jobs do US latinos actually do? $2T $18T $10T $26T $2T $22T $14T $4T $20T $12T $8T $24T $16T Estados Unidos China Japón Alemania Latinos de EE. UU. PIB en 2022 (billones de dólares estadounidenses) Argentina Chile Panamá Costa Rica Colombia Brasil Perú Cuba Puerto Rico Venezuela Ecuador México Nicaragua El Salvador Honduras Guatemala Republica Dominicana Management & Profesional Service Sales & Office Construction & Maintenance Production & Transport The Useful data