This month, we recognize the many contributions of Hispanics across America. Hispanic Heritage Month was established by President Ronald Reagan in 1988 to honor Hispanics who have come to the United States as immigrants – as well as those who have been born and raised here – and the multitude of ways they have enriched our culture, economy, and traditions.
Generations of Latinos have helped make our nation the extraordinary success that it is – through service in the military, political leadership, charity, scholarship, innovation, contributions to art and culture, by building businesses, and in countless other ways. With the Hispanic population reaching a record 58.6 million in 2017 and a buying power of $1.3 trillion, Latinos can be accredited for 29 percent of the growth in real income since 2005. Seventeen percent of all workers are Latinos, and together we open businesses at a higher rate than the national average, accounting for 21 percent of new entrepreneurs. These facts, and many more, are just a small glimpse of what we can celebrate this month.
This month, and every other month, we remain committed to empowering Latinos. Join us to help recognize our community and equip families to overcome barriers to opportunity so that we may all continue to better contribute to our nation.