Tuesday, March 21, 2006

Study Shows Increase in Hispanic Entrepreneurship

Study Shows Increase in Hispanic Entrepreneurship: "Hispanics are opening businesses at a rate that is three times faster than the national average, according to a report released today by the U.S. Census Bureau. There are nearly 1.6 million Hispanic-owned firms in the country, and they generated $222 billion in revenue in 2002.

Nearly one-fourth of those companies opened between 1997 and 2002. The last time the Census Bureau counted in 1997, there were 1.1 million Hispanic-owned businesses and they had revenue of $186 billion."