The 2021 Texas Latino GDP Report

An Economic and Demographic Profile

September 16, 2021

Present:How Do Latinos Support

the Texas Economy?

Latino Population Change, Texas 1980-2018

• 3.0 million in 1980

2,985,824

4,339,905

6,669,666

9,460,921

11,366,730

0

2000000

4000000

6000000

8000000

10000000

12000000

1980 1990 2000 2010 2018

Popu

latio

n

Latino

Latino Population Change,Texas 1980-2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: Historical Census (1980), CESLAC Tabulations of American Community Survey Data (2018)

Latino Population Change, Texas 1980-2018

• 3.0 million in 1980• 11.4 million in 2018

Latino Population Change, Texas 1980-2018

• 3.0 million in 1980• 11.4 million in 2018• 280.7% growth 1980-2018

Younger Latinos, Older Non-Hispanic Whites, Texas 2018

• Elderly- majority are non-Hispanic White• Youth- majority are Latinos

49.3%

23.1%

31.5%

62.6%

0%

25%

50%

75%

Millennial (0-19) Parental (65+)

Perc

ent o

f Pop

ulat

ion

Latino Non-Hispanic White

Millennial and Parental Age,Latino and Non-Hispanic White, Texas 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Educational Increase, Latino Millennials over Latino Parental Generation, Texas 2018

• Higher percent are high school graduates• Higher percent attending college

85.2%

43.2%

57.7%

27.9%

0%

25%

50%

75%

100%

High School College

Perc

ent o

f Pop

ulat

ion

Latino Millennial (25-29) Latino Parental (65-69)

Latino High School and Latino College Attendance,Millennial and Parental Generation, Texas 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Self-Sufficiency in Employment, Texas 2018

• Private sector employment—Latinos are higher percentage

• Public sector—Latinos are lower percentage

75.2%

11.2%

68.8%

14.1%

0%

25%

50%

75%

100%

Private Sector Government Sector

Latino Non-Latino

Self-Sufficiency – Private Sector And Government Sector Employment, Latino and

Non-Latino, Texas 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of American Community Survey Data (2018)

Healthy Profile, United States, 2019

• Top 5 causes of death1. Heart Disease2. Cancer3. Unintentional Injuries4. Chronic Lower Respiratory Disease5. Stroke

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: NCHS Data Brief, no 395. Hyattsville, MD: National Center for Health Statistics. 2020. Bank of America

Healthy Profile, Texas 2018

• Top 5 causes of death-Latinos have lower age-adjusted mortality rate than non-Hispanic Whites – heart disease, cancer, unintentional injuries,

chronic lower respiratory disease, and stroke

132.2

113.1

30.117.3

34.7

181.6

154.8

44.751.0

40.2

0

20

40

60

80

100

120

140

160

180

Heart Disease Cancer UnintentionalInjuries

Chronic LowerRespiratory

Disease

Stroke

Age-

Adju

sted

Dea

th R

ate

per 1

00,0

00

Latino Non-Hispanic White

Age-Adjusted Death Rates, Latino and Non-Hispanic White, Texas 2018

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of NCHS Underlying Cause of Death Data, CDC WONDER Database (2018) Bank of America

Healthy Profile, Texas 2018

• Low birth weight babies-Latinos have a lower percentage than non-Latinos

7.9%7.5%

8.9%8.5%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

Texas United States

Perc

ent o

f Birt

hs

Latino Non-Latino

Healthy Babies – Percent Born with Low Birth Weight, Latino and Non-Latino, Texas and

United States 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of NCHS Natality Public-Use Data, CDC WONDER Database (2018)

Healthy Profile, Texas 2018

• Top 5 causes of death-Latinos have lower age-adjusted mortality rate than non-Hispanic Whites

• Low birth weight babies-Latinos have lower percentage than non-Latinos

• Life expectancy-Latinos have higher years of life expectancy than non-Hispanic Whites

81.4 81.8

78.6 78.6

60

65

70

75

80

85

Texas United States

Year

s of L

ife

Latino Non-Hispanic White

Healthy Profile – Life Expectancy,Latino and Non-Hispanic White, Texas and

United States, 2018

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: CESLAC Tabulations of Robert Wood Johnson Foundation Data (2018)

2021 How do Latinos Support the Texas Economy?

• Population growth• Younger workers• Rising high school graduates• Rising college attendees• Private sector employment• Healthy profile• Long life expectancy

FutureHow Will Latinos Support

the Texas Economy?

Latinos Rise to COVID’s Challenge:2020-2021

Latinos Rise to COVID’s Challenge

• Labor Force Recovery

Latinos Rise to COVID’s Challenge

• Labor Force Recovery• Helping Hand for Others

Remittances to Mexico, 2019-2021

Remittances to Mexico, 1995-2021

Latinos Help Family or Friends: Latinos who lost jobs vs. Latinos who did not lose jobs/wages,

U.S., March 2021

46%

32% 30%

69%

34%

24% 22%

60%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Groceries, Errands,Child Care

Remittance to AnotherCountry

Remittance to U.S. Helped in More thanOne Way

Lost Job/Wages Did Not Lose Job/Wages

Bank of America

Center for Economic Research & Forecasting: 2021 State Latino GDP Report

Source: Pew Research Center, July, 2021, “For U.S. Latinos, COVID-19 Has Taken a Personal and Financial Toll.”

Latinos Rise to COVID’s Challenge

• Labor Force Recovery• Helping Hand for Others• Optimism

Latino Optimism, 2008-2021

Latinos Rise to COVID’s Challenge:2020-2021

ConfidenceOptimismResilience