-Revenue and industry-sector trend analysis for the period 1982-2012 -The Top 20 states for Hispanic-owned firms -Data appendix providing estimates for sales and number of firm by year and industry-sector
Several of the key insights in the data-rich report follow: -Hispanic-owned firms in the United States expected to grow 55 percent to 3.2 million -Total revenues of Hispanic-owned firms will increase by 70 percent -The service and financial sectors show the largest growth -More than 90 percent of all Hispanic-owned firms, and their sales volume, are concentrated in 20 states -Together, California and Florida are home to 52 percent of all Hispanic-owned firms Hispanic-Owned Businesses
Spurred by growing entrepreneurial trends and affluence among the nation’s largest minority population, the increase is expected to come at a robust rate of 7.6 percent annually through at least 2012. The number of Hispanic-owned businesses in the United States is expected to grow 55 percent in the next six years to 3.2 million, with total revenues surging 70 percent to more than $465 billion, according to new estimates.
