Hispanic Poverty Rate Falls to All-Time Low

(Arlington, VA) – The United States Census Bureau has announced that the poverty rate for Hispanics has reached the lowest rate on record, dating to 1972, when the figure was first reported. This all-time low of 18.3 percent was reached in 2017, the most recent period for which full-year data is available. The Bureau reports that the poverty rate fell significantly after 2016 – “one of the largest year-to-year drops across demographic groups.”

Daniel Garza, President of The LIBRE Initiative, released the following statement:

“For Hispanic families there’s nothing more important than a healthy and growing economy where smart and hard-working people have a chance to get ahead. We’re seeing that now more than ever, a growing economy is helping our families and our workers to pull themselves up out of poverty. That’s welcome news, and we should continue to push for lawmakers to support policies that encourage economic growth and allow us to keep more of our hard-earned pay.”

For interviews with a representative from the LIBRE Initiative, please contact Brian Faughnan, 202-805-1581 or Wadi Gaitan, 202-853-4433

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