Latest news with #AnaValdez
Business Wire
22-07-2025
- Business
- Business Wire
2025 U.S. Latino GDP Grows to $4 Trillion; The World's Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by The End of The Decade
LOS ANGELES--(BUSINESS WIRE)--The Latino Donor Collaborative (LDC), a think tank dedicated to producing research that highlights economic opportunities for growth, has released its eagerly anticipated 2025 Official LDC U.S. Latino GDP Report™ – Part One, available for download. The eighth edition of the report highlights the unprecedented growth of the U.S. Latino cohort, outpacing national growth rates in numerous economic indexes, workforce participation, entrepreneurship, and educational attainment. The report includes a new section on American entrepreneurship, and a deeper analysis and insights of how the youngest and fastest-growing generation is changing the U.S. population and labor force. 2025 U.S. Latino GDP Grows to $4 Trillion; The World's Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by The End of The Decade Share Highlights: U.S. Latino Economic Growth Now valued at $4 trillion with an annual average real growth rate of 4.4%, U.S. Latino GDP is the second-fastest growing among the world's ten largest economies, trailing only China and on par with India, and outpacing countries like France, Canada, and the rest of the United States. U.S. Latino GDP is projected to rank as the world's fourth largest by 2029, surpassing Japan and Germany by the end of the decade. Despite comprising 19.5% of the U.S. population, the U.S. Latino cohort was responsible for 28.3% of total additions to national GDP between 2017 and 2022. The 10 largest state Latino economies, including California, Texas, Florida, and New York, are all growing faster than their non-Latino counterparts. U.S. Latino purchasing power is measured at $4.1 trillion. Latino income in the U.S. grew to $3.1 trillion in 2023 and increased 4.8% per year on average between 2017 and 2022. 'The data confirms what we've seen building for years,' said Sol Trujillo, Co-Founder and Chairman of the Latino Donor Collaborative. 'Latinos in the U.S. are not just participating in the economy; they are propelling it. At $4 trillion, this economy is larger than that of entire nations, and it's growing faster than almost all of them. The strategic implications for leaders across our economy are clear.' 'This report reinforces the economic power of the U.S. Latino cohort with clarity and precision,' said Ana Valdez, CEO and President of the Latino Donor Collaborative. 'From labor force expansion to entrepreneurship to education, Latinos in the U.S. are consistently outperforming national averages. These numbers are impossible to ignore.' The LDC is the most trusted source of information and analysis on the economic impact of U.S. Latinos across all industries and levels. These reports are often relied upon by institutions such as the Federal Reserve, the U.S. Congressional Joint Economic Committee, and numerous Fortune 500 companies, which harness the data to project business trends and understand and appeal to Latino demographics. Now in its eighth edition, the 2025 Official LDC U.S. Latino GDP Report™ – Part One builds on its research foundation first established in 2017. The LDC was the original organization that published the quantification of the U.S. Latino GDP, and this report remains the authoritative source on the topic. Additional Highlights: Key Industry Sectors Manufacturing accounted for the highest share of U.S. Latino GDP in 2023 at $547 billion, growing 15.5% year-over-year, outpacing the national industry. Several other sectors contributed significantly to the U.S. Latino GDP share, including: Real Estate and Rental and Leasing: $340 billion (+23.5% YoY) Public Administration: $448 billion Health Care and Social Assistance Professional, Scientific, and Technical Services Arts, Entertainment, and Recreation Labor Force and Population Growth Between 2022 and 2023, the U.S. Latino population increased by 1.8%, compared to just 0.2% among non-Latinos. Includes an increase of 820,000 working-age individuals, while the non-Latino working-age population declined by 560,000. In 2023, 68.1% of U.S. Latinos participated in the U.S. labor force, compared to 62% of non-Latinos. Entrepreneurship and Latino-Owned Businesses (LOBs) As of 2022, U.S. Latinos owned 5.7 million businesses, employing 3.8 million people and generating $945 billion in revenue. Educational Attainment Between 2022 and 2023, the percentage of U.S. Latinos with a bachelor's degree rose by 4.6%, outpacing national averages. Between 2010 and 2023, the share of U.S. Latinos holding at least a bachelor's degree increased significantly. 'Wells Fargo has been proud to support the LDC since it first launched this groundbreaking series eight years ago. The 2025 data reinforces the essential role of the U.S. Latino community in shaping the future of our economy,' said Patty Juarez, Executive Vice President and Head of Hispanic & Latino Affairs at Wells Fargo. 'Every year, it becomes increasingly clear that this report is a vital tool that can guide businesses and policymakers who are willing to use it to the fullest extent to inform their work in growing our nation's economy.' About the Latino Donor Collaborative The Latino Donor Collaborative (LDC) is an independently funded 501(c)(3) nonprofit organization and think tank. The LDC has consistently provided economic and business data through meticulous research and fact-based insights. Its reports have become essential tools for U.S. resource allocators, highlighting the growing opportunities presented by the myriad contributions of U.S. Latinos across the social spectrum. Learn more at
Malaysian Reserve
10-07-2025
- Business
- Malaysian Reserve
James Avery Artisan Jewelry Opens First Arizona Stores
Beloved Texas Jewelry Brand Expands with New Stores in Glendale and Chandler KERRVILLE, Texas, July 10, 2025 /PRNewswire/ — James Avery Artisan Jewelry, a family-owned jewelry retailer that designs and crafts 90% of its jewelry in Texas, has expanded into Arizona with the opening of two new stores at Arrowhead Towne Center in Glendale and Chandler Fashion Center in Chandler. These new locations mark the expansion of the company into six states bringing the total number of stores to 135. Since 1954, customers in Texas have turned to James Avery to celebrate life's most meaningful moments — from everyday joys to major milestones. Known especially for its charm collections, the brand offers more than 600 charm designs in sterling silver, 14K gold and mixed metals like bronze and sterling silver. 'Opening dedicated James Avery stores in Arizona is an exciting milestone,' said Karina Dolgin, chief product and revenue officer. 'We're deepening that connection by bringing Arizona customers the full in-store experience James Avery is known for — personal service, craftsmanship, and meaningful design.' Both store openings coincide with James Avery's Charm Event — the retailer's signature annual event. During which, customers receive a complimentary charm holder (up to a $79 value) with the purchase of two charms. It's an invitation to start or expand a charm collection with pieces that tell personal stories. The event runs July 7 through Aug. 4. And, both locations will host grand opening celebrations on Saturday July 12, featuring gift card giveaways and a special gift with purchase for the first 100 guests at each store. The new location has already generated excitement within the local community. Instagram influencers including Ana Valdez (@anachromatic), Karen Genis (@callherkarenbby), Destiny Alfonso (@justdestinymag), Olivia Haynes (@ontrendwitholivia), Brooke Scheurn (@brookescheurn) and Kristen and Bryan Mortensen (@upperwestsidephx) visited the store for a special preview to start their charm collections. They provided their followers with an exclusive first look at the space and the personalized experience that characterizes James Avery. 'We're excited to welcome Arizonans into our store during the Charm Event to find designs that reflect the memories and values they hold dear,' said Taylor Jekel, store manager at Arrowhead Towne Center. 'When I learned that James Avery was opening a store, I was immediately drawn to the brand values and focus on quality.' Chandler Store Manager Traci Suchocki added, 'As a lifelong member of this community, I look forward to introducing the brand to new customers looking for thoughtful gifts, seasonal looks and classic pieces that will last generations.' The stores are officially open and ready to welcome customers at Arrowhead Towne Center at 7700 W Arrowhead Towne Center, Suite 1049, Monday through Saturday from 10 a.m. to 9 p.m. and Sunday from 11 a.m. to 6 p.m. The Glendale Chamber of Commerce will host a ribbon cutting at the store on July 11 at 3 p.m. The Chandler Fashion Center store is located at 3111 W Chandler Blvd, Suite 1028 and will be open Monday through Saturday from 10 a.m. to 9 p.m. and on Sunday from 11 a.m. to 6 p.m. The Chandler Chamber of Commerce will host a ribbon cutting at the store on August 14 at 4 p.m. Customers can shop in-store, conveniently use Buy Online, Pick Up In Store or shop at About James Avery Artisan Jewelry®–James Avery is a vertically integrated, family-owned company offering finely crafted jewelry designs for men and women in sterling silver, 14K and 18K gold, bronze and gemstones. James Avery jewelry is designed in the Texas Hill Country, with more than 90 percent of our pieces crafted in Texas using the finest materials sourced worldwide. We are a multi-channel retailer with 135 James Avery stores in six states. Our jewelry is also available at 245 Dillard's locations and and at 38 Von Maur locations and You can also find our designs at airport stores in Houston and Nashville, as well as select Army and Air Force Exchange Service (AAFES) locations. Follow us @jamesavery on Facebook, Instagram, Pinterest and LinkedIn, as well as @jamesaveryjewelry on TikTok and YouTube for new releases, trends and behind the scenes. Drawing Details Odds of odds of winning depend on total number of entries received. Thirty James Avery gift cards will be awarded: twenty-four $50 gift cards, three $100 gift cards and three $500 gift cards. Entries accepted Saturday, June 28, 2025 thru Saturday, July 12, 2025. No purchase necessary. Must be at least 18 years old to enter. Winners will be randomly drawn after assigning sequential numbers, beginning with one (1), to each eligible entry form and ending with the highest number corresponding to the total number of all entries received during the eligible dates. Then a random drawing of one (1) number for each corresponding prize will be conducted on Monday, July 14, 2025. Winners will be contacted no later than Wednesday, July 16, 2025 via text message. Winners will claim their prize at the James Avery Artisan Jewelry store. Limit one prize per winning entrant. If prize is not claimed within 14 days of drawing, prize will be awarded to an alternate winner. Associates and immediate family members not eligible for this promotion. Charm Event Details Purchase two James Avery charms and/or pendants and an eligible bracelet or necklace and receive up to $79 off the transaction. Customers purchasing an eligible bracelet or necklace priced under $79 will receive that item's value only. Offer valid 7/7/25 through 8/4/25 while supplies last. Available at James Avery retail stores, through James Avery Customer Service, and at select Authorized Retailers. May not be combined with any other offer or applied to previous purchases. We reserve the right to limit quantities. No cash/credit back. Glass Enhancer Beads and Double-Sided Changeable Charm Holder Fobs are excluded from this promotion.
Business Wire
28-05-2025
- Business
- Business Wire
The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™: U.S. Latino Economy Hits $4 Trillion, Surpassing UK and India
LOS ANGELES--(BUSINESS WIRE)--The Latino Donor Collaborative (LDC) today released preliminary data of its 2025 Official LDC U.S. Latino GDP Report™, the eighth edition of its annual report. The data reveals that the U.S. Latino economy has reached a historic $4 trillion in GDP, surpassing major global economies including India, the United Kingdom, and France. The full report will be published later this year. 'The U.S. Latino cohort is one of the most powerful forces in today's economy. Anyone who wants to grow market share or drive innovation needs to start here.' - Sol Trujillo, Chairman of the Latino Donor Collaborative. Share The findings confirm that Latinos are not only vital to U.S. prosperity, they are its most dynamic growth engine. Since 2017, when LDC first began measuring Latino GDP at $2.17 trillion, the U.S. Latino economy has grown at an impressive average annual rate of 4.4%. In fact, from 2015 to 2023, it doubled in size, far outpacing the 30% growth of the overall U.S. GDP during the same period, highlighting Latinos' outsized role in U.S. economic growth. 'The information in this report is critical for leaders across the country in business, investment, policy, and media,' said Sol Trujillo, Chairman of the Latino Donor Collaborative. 'The U.S. Latino cohort is one of the most powerful forces in today's economy. Anyone who wants to grow market share or drive innovation needs to start here.' Preliminary key findings include: The U.S. Latino GDP hit $4 trillion in 2023, doubling since 2017. It remains the second fastest-growing economy in the world, behind only China. Latino purchasing power surged to $4.1 trillion, growing 2.4 times faster than that of non-Latinos. Latino consumer spending reached $2.5 trillion, growing at 4.9% annually, more than double the non-Latino rate. Latino Gross Domestic Income is growing 2.5 times faster than that of the rest of the country. 'This is not just a report, it's a strategic wake-up call,' said Ana Valdez, CEO of the Latino Donor Collaborative. 'The data tells a simple story: Latinos are driving U.S. growth.'
Miami Herald
19-02-2025
- Business
- Miami Herald
Hispanics Critical to Meeting U.S. Projected Demand for 11.8 Million STEM Professionals by 2030, According to New Report From SHPE & LDC
SHPE and Latino Donor Collaborative released a report with key facts showcasing a 60% increase for Hispanics in AI technical roles and rising STEM degrees for Latinos that help drive the U.S. economy forward. LOS ANGELES, CALIFORNIA / ACCESS Newswire / February 19, 2025 / A groundbreaking report released by SHPE, a national organization representing 20,000+ Hispanics in STEM, and the Latino Donor Collaborative (LDC), a think tank dedicated to producing research that highlights economic opportunities, reveals that Hispanic students and professionals are critical to filling the projected demand in the U.S. for 11.8 million STEM professionals by 2030 to help drive the country's economy forward. The "2024 SHPE-LDC U.S. Latinos in Engineering and Tech Report" documents significant progress in Latino representation in engineering education, with undergraduate engineering enrollment increasing by 39% from 2012 to 2022. Engineering degrees awarded to Hispanics rose by 57% during the same period. "With Hispanics comprising over 25% of America's youth (under 18 years of age) and nearly 16% of undergraduate engineering students, the talent pipeline is critical to filling the projected need for 11.8 million STEM professionals by 2030," SHPE CEO Suzanna Valdez Wolfe said. "Empowering Hispanics with resources and opportunities isn't just an investment in our future - it's essential to meeting America's growing technological demands and contributing to a thriving U.S. economy." "Latino involvement in engineering and technology is essential for sustaining global competitiveness and driving progress in the U.S. This report offers the most compelling evidence to date that by supporting young people to pursue STEM education, we can effectively eliminate concerns about a shortage of qualified talent," Ana Valdez, CEO and President of LDC, said. Key findings include: 22% of Hispanics aged 25-34 now hold bachelor's degrees or higher, compared to 16% of those aged 50 and olderMaster's degrees in engineering awarded to Latinos increased by 37%, while doctoral engineering enrollment grew by 50% from 2012-2022Latinos are projected to account for 78% of all net new workers by 2030Hispanic participation in AI technical roles increased by 59% between 2018 and 2022SHPE members have a graduation rate of 88%, significantly higher than the national engineering rate of approximately 50% Latino youth demonstrate strong adaptability and engagement with emerging technologies compared to other groups. Among young Hispanics, 54% use AI for information gathering, while 39% use it for creative applications such as image generation and 27% for music production. This active use of AI lays the foundation for Latinos to transition from users to developers of AI-driven solutions. Moreover, 64% of respondents are motivated by the opportunity to solve real-world problems, aligning with the values of community and service emphasized in Hispanic culture. For many, earning potential (52%) adds to the appeal, as does the promise of career opportunities (50%) in these fields. However, challenges remain: The report identifies areas requiring attention, including financial insecurity (affecting 66% of Latino students), housing instability, and the need to increase support and mentorship. The report concludes with recommendations, including expanded mentorship programs, increased STEM funding, and partnerships on internships, career fairs, and initiatives to promote careers in STEM. SOURCE: SHPE: Leading Hispanics in STEM press release
