U.S. Census Bureau Daily Feature for Sept. 30: Growth of Hispanic Businesses

“SATURDAY, SEPT. 30: GROWTH OF HISPANIC BUSINESSES

Profile America - Saturday, September 30th. As the nation’s population of Hispanic origin grows, so does its role in the nation’s economy. In a recent five-year period, the number of Hispanic-owned firms grew by almost one-third, to a total of nearly 1.6-million - a rate three times thenational average. The fastest rate of growth for Hispanic-owned businesses was seen in New York, Rhode Island and Georgia, followed by Nevada and South Carolina. Nationwide, firms owned by Hispanics generated some 222-billion dollars in revenue in a year. Among these businesses, more than 29-thousand had annual receipts of a million dollars or more. You can find these and more facts about America from the U.S. Census Bureau on the Web at www.census.gov .”

Stumble it! | |

Other posts that may interest you

A Little Mexican Cafe, Built on Persistence - New York

Santa Paula is cited for fast growth in Hispanic businesses. California

Harnessing Hispanic growth

Hispanic Marketing Expert Available for Comment on Hispanic Entrepreneurship and Latest Census Bureau Report

Columbus Hispanic firms count for 16% in Ohio

Hispanic-Owned Firms Increase 47 Percent in Fairfax County, Census Bureau Says; Fairfax Has Most Firms in Virginia; Sales Top $1 Billion in 2002

Hispanic-owned businesses grow in Minnesota

How To Tap the Hispanic Market - BusinessWeek

Hispanic Owned Business On The Rise In South Carolina

Hispanics set the pace in business ownership