April 17, 2024

¡VAMOS MASSACHUSETTS!

Unlocking Hispanic/Latino Economic Advancement

The Hispanic/Latino population in Massachusetts has experienced significant growth over the past
decade, which has resulted in more economic production for the state, a more educated and skilled
workforce, and greater levels of household wealth. While Hispanics/Latinos in Massachusetts already
make significant contributions to the state’s economy, the population’s future success is one of the
keys to the state’s future prosperity. This report quantifies the current economic contribution of the
Hispanic/Latino population in Massachusetts and assesses the tremendous gains the state can
accrue by closing economic gaps that remain between Hispanics/Latinos and the state’s overall
population.

This economic impact report begins with a look at changes in the state’s Hispanic/Latino population
and economic contribution over time. After examining the role that Hispanic/Latino workers could play
in several fast-growing fields, the report takes a closer look at the importance of education, workforce,
and wealth building in further unlocking Hispanic/Latino economic advancement in the
Commonwealth.