An Asset-Based Perspective of the Economic Contributions of Latinx Communities: An Illinois Case Study

Abstract

The study aims to measure Latinx share of economic activities and highlight and its increasing role in the economic future of their state. As a methodology we use input-output model-based IMPLAN to calculate the economic footprint of Latinx in Illinois. We demonstrate how this labor force has allowed the state to expand production and purchasing power. In the conclusion we discuss how this line of investigation allows us to explore what decision makers can do to facilitate a Latinx action agenda from the asset-based perspective.

Keywords

• Latinx
• economic footprint
• economic multiplier
• IMPLAN
• asset-based approach