U.S. Latino immigrants generate $1.6 trillion in GDP, report says

ASU economist discusses report that found U.S. Latino immigrants contributed about $1.6 trillion to U.S. GDP in 2023, accounting for a substantial share of the nation’s economic growth.

In this article published September 24, 2025, on CBNC:

Deporting as many as 8.3 million undocumented workers could lead to losses of more than 19.5 million workers because of the lost revenue and economic activity provided by undocumented workers.

— Dennis Hoffman, director of ASU’s Office of the University Economist and Center for Competitiveness and Prosperity Research, and Dean’s Council Distinguished Scholar