{"id":191,"date":"2025-09-22T17:00:00","date_gmt":"2025-09-22T15:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=7a94a83004ffc56b04712aef2b0e7b82"},"modified":"2025-09-22T17:00:00","modified_gmt":"2025-09-22T15:00:00","slug":"velocity-conference-to-spotlight-massive-untapped-economic-power-of-the-latino-cohort-as-consumers-entrepreneurs-and-workforce-in-the-u-s-mainstream-economy","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=191","title":{"rendered":"Velocity Conference to Spotlight Massive, Untapped Economic Power of the Latino Cohort as Consumers, Entrepreneurs and Workforce in the U.S. Mainstream Economy"},"content":{"rendered":"<p>LOS ANGELES--(BUSINESS WIRE)--<b>Velocity<\/b>, taking place in Los Angeles from <b>September 24\u201326<\/b>, will convene business leaders, policymakers, and cultural influencers to highlight the transformative growth, spending power and influence of U.S. Latinos in the 21<sup>st<\/sup> century<b> <\/b>economy. This premier live, in person event will convene at the J.W. Marriott and Ritz-Carlton at L.A. Live. Velocity is founded and curated by global businessman, investor Sol Trujillo and his partner Andrea Trujillo, Velocity\u2019s CMO, and an accomplished marketing, creative director, and branding expert.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20250922369898\/en\/2585699\/5\/Velocity_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20250922369898\/en\/2585699\/22\/Velocity_Logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20250922369898\/en\/2585699\/5\/Velocity_Logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20250922369898\/en\/2585699\/21\/Velocity_Logo.jpg\" \/><\/a><p>\nLatinos in the U.S. now represent the <b>fifth-largest economy in the world<\/b>, generating the equivalent of <b>$4 trillion in GDP<\/b>. As companies continue to invest heavily in increasingly turbulent and uncertain international markets like China and India, the <b>Latino economy<\/b> offers a faster-growing, more sustainable and larger overall growth engine here at home. This year Velocity will unveil new insights and new data, including 2025 Official LDC U.S. Latino GDP Report Part 2, along with four additional groundbreaking studies demonstrating the scale, resilience, and long-term impact of this growth cohort.<\/p><p>\n<b>\u201cThe data is clear: Latinos are fueling growth across every major business sector, while comprising nearly 8 of out 10 workplace entrants in the economy,\u201d<\/b> <b>said<\/b> <b>Sol Trujillo<\/b>. <b>\u201cCEOs who fail to recognize this are being left behind in terms of market share and market cap. The name was chosen because we focus on intensity and speed of change in the 21st century vs what we are used to in the last 40 to 50 years -- a wider and newer lens.\u201d<\/b><\/p><p>\n<b>\u201cLatinos are a force that no company can afford to ignore and the future that no one can afford to miss,\u201d said Andrea Trujillo. \u201cLatinos in the U.S. are outpacing growth in turbulent global markets and are fueling America\u2019s future. Our data makes it clear that Latinos are a powerful yet largely untapped accelerator of the American economy\u2014driving innovation, shaping culture, and powering the next wave of U.S. prosperity.\u201d<\/b><\/p><p>\nVelocity\u2019s in-depth content tracks include Artificial Intelligence (AI), Kantar Brand Summit, Banking\/Investing\/Financing, Energy, Sports, Entertainment, Fashion, Music and the \u201cLunar Economy.\u201d Sol Trujillo and other executives will present <b>soon-to-be-released data, new reports and analysis<\/b> regarding our Economy, Construction &amp; Infrastructure, underscoring why Latino consumer spending power represents one of the world\u2019s most dynamic economic opportunities. He will be joined by a roster of key executives from some of the world\u2019s most valuable brands and institutions, including <b>Wells Fargo, Ford, T-Mobile, Bank of America<\/b>, <b>The Los Angeles Dodgers, Target, Axios, UCLA, ASU among others<\/b>.<\/p><p>\n<b>Key Data Insights Driving the Conversation<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b>Automotive:<\/b> Latinos account for <b>68% of vehicle sales growth<\/b> and <b>26% of all U.S. vehicle sales<\/b>.<\/li>\n<li>\n<b>Travel &amp; Tourism:<\/b> In 2024, U.S. Latinos spent more than <b>$165 billion<\/b> in the sector.<\/li>\n<li>\n<b>Apparel:<\/b> Latinos are projected to drive <b>34% of growth in apparel spending<\/b> over the next five years.<\/li>\n<li>\n<b>Overall Spending:<\/b> Latino spending is expected to increase by <b>32% between now and 2026<\/b>, according to the Selig Center for Economic Growth.<\/li>\n<\/ul><p>\n<b>Featured Guests and Speakers<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b>Kevin Demoff<\/b>, President, Los Angeles Rams<\/li>\n<li>\n<b>Rita Ferro<\/b>, President, Global Advertising, Disney<\/li>\n<li>\n<b>Dr. Julio Frenk<\/b>, Chancellor, UCLA<\/li>\n<li>\n<b>Rick Gomez<\/b>, Chief Commercial Officer, Target<\/li>\n<li>\n<b>Stan Kasten<\/b>, President &amp; CEO, Los Angeles Dodgers<\/li>\n<li>\n<b>Tom Llamas,<\/b> Anchor and Managing Editor, NBC Nightly News<\/li>\n<li>\n<b>Joaquin Nu\u00f1o-Whelan<\/b>, President, Lincoln<\/li>\n<li>\n<b>Holly O\u2019Neill<\/b>, President, Consumer, Retail and Preferred, Bank of America<\/li>\n<li>\n<b>Sara Fischer<\/b>, Media Correspondent, Axios<\/li>\n<\/ul><p>\nThe speakers will be joined by executives from Microsoft, The Walt Disney Company, Kantar, and TIME alongside celebrated icons and game changers in the entertainment industry such as Esai Morales, Ram\u00f3n Rodr\u00edguez and Suzette Quintanilla demonstrating Velocity's unique fusion of commerce and culture.<\/p><p>\n<b>Distinguished Velocity Awardee<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\n<b>U.S. Ambassador Ken Salazar will be honored with the Velocity Award on Friday evening, Sept. 26<\/b>. Secretary Salazar will be recognized with this special award for his unparalleled public service to America. He has served as United States Ambassador to Mexico, as United States Secretary of the Interior, as Attorney General for Colorado and as a United States Senator.<\/li>\n<\/ul><p>\n<b>Media Access\n<br\/><\/b>Sol Trujillo will be available for <b>interviews in advance<\/b> of the event and on-site. Media credentials and passes (including virtual access options) are available upon request.<\/p><p>\n<b>About Velocity\n<br\/><\/b>Velocity is an annual gathering dedicated to redefining the new mainstream economy by highlighting the power, influence, and contributions of U.S. Latinos. The conference convenes CEOs, business leaders, cultural icons, and policymakers to share insights and strategies for harnessing Latino-driven growth across industries.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Media Contacts:<\/b><br\/><b>Maryam Ayromlou\/Ruder Finn<\/b><br\/><a  href=\"mailto:Maryam.Ayromlou@ruderfinn.com\" rel=\"nofollow\" shape=\"rect\">Maryam.Ayromlou@ruderfinn.com<\/a><br\/>(703) 474-5685<\/p><p>\n<b>Charlie Gould\/Ruder Finn<\/b><br\/><a  href=\"mailto:Charlie.Gould@ruderfinn.com\" rel=\"nofollow\" shape=\"rect\">Charlie.Gould@ruderfinn.com<\/a><br\/>(917) 626-7968<\/p>","protected":false},"excerpt":{"rendered":"<p>LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Velocity, taking place in Los Angeles from September 24\u201326, will convene business leaders, policymakers, and cultural influencers to highlight the transformative growth, spending power and influence of U.S. Latinos in the &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-191","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=191"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/191\/revisions"}],"predecessor-version":[{"id":192,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/191\/revisions\/192"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}