Latinos: The Economic Powerhouse Bridging the U.S. and Mexico

Latino Economic Impact

Latinos: A Driving Force in U.S. and Mexico’s Economic Growth

The economic relationship between the U.S. and Mexico is deeply intertwined, with Latinos playing a crucial role in shaping both economies. Their contributions, from entrepreneurship to cross-border trade, underscore a dynamic force driving growth and innovation.

Latinos’ Economic Legacy in the U.S.

Latinos have shaped the U.S. economy for centuries, long before modern borders existed. States like Texas, New Mexico, Arizona, and California have historically benefited from Latino labor, culture, and commerce.

During World War II, the Bracero Program brought millions of Mexican workers into U.S. agriculture, laying the foundation for today's Latino workforce. Fast-forward to today, and Latinos represent 18.5% of the U.S. population, significantly influencing industries such as construction, technology, and retail.

Latino-Owned Businesses: A Rising Force

Latino entrepreneurs are transforming the U.S. business landscape. Latino-owned businesses grew by 34% in the past decade, outpacing the 1% growth of all other businesses. Leaders like Arte Moreno, the first Mexican-American owner of a major U.S. sports team, exemplify this upward trend.

Latinos’ Role in Mexico’s Economy

Mexico’s economy has been shaped by its industrious Latino population, from ancient trade routes of the Aztecs and Mayans to modern industries like mining and manufacturing. Today, Latinos continue to drive economic transformation.

Mexico is Latin America’s second-largest economy, with remittances from the U.S. surpassing $41 billion in 2020—making it the third-highest remittance corridor globally.

Entrepreneurship and Innovation

Latino leaders in Mexico are pioneering global businesses. Blanca Treviño, CEO of Softtek, has expanded Mexico’s tech industry worldwide, reinforcing Mexico’s role in the global digital economy.

Latinos: A Bridge Between the U.S. and Mexico

Latinos serve as a vital link between the two economies through:

• Binational businesses fostering trade and investment.

• Remittances bolstering local economies.

• Workforce mobility enhancing industries on both sides of the border.

High-profile leaders, like Oscar Munoz, former CEO of United Airlines, have strengthened U.S.-Mexico economic ties through strategic business expansion.

The Impact of Policy on Latino Contributions

Immigration policies and trade agreements significantly influence Latino economic contributions. Programs like DACA and USMCA shape workforce participation and investment opportunities across both nations.

Conclusion: A Transnational Economic Power

Latinos are not just a demographic; they are economic drivers shaping industries, commerce, and trade between the U.S. and Mexico. Their entrepreneurial spirit and cross-border connectivity make them indispensable to North America’s economic future.

Let’s shape the future together. Connect with Intermestic Partners to explore cross-border investment and trade opportunities.