Statistics of the Month - January
Hispanic-owned businesses on rise in USHispanics owned 1.6 million non-farm U.S. businesses in 2002, employing 1.5 million persons and generating $222.0 billion in business revenues.
These Hispanic-owned firms accounted for 6.8 percent of all non-farm businesses in the United States, 1.4 percent of their employment and 1.0 percent of their receipts.
In 2002, 42.6 percent of Hispanic-owned firms operated in construction, administrative and support and waste management and remediation services and other services, such as personal services, and repair and maintenance, where they owned 9.5 percent of all such businesses in the U.S.
Retail and wholesale trade accounted for 35.9 percent of Hispanic-owned business revenue.
California had the most Hispanic-owned firms at 427,678 or 27.2 percent, with receipts of $57.2 billion or 25.8 percent. Texas was second with 319,340 or 20.3 percent, and with receipts of more than $42.2 billion or 19.0 percent. Florida was third in number of firms with 266,688 or 17.0 percent, and in receipts with $40.9 billion or 18.4 percent. New York accounted for 10.4 percent of all Hispanic-owned firms, and 5.6 percent of receipts.
Source: US Census http://www.census.gov
Disclaimer: Although we try to use the most credible sources, we are not responsible for any incorrect findings.
Read more:
- December statistics - Do you know America? Where are people of color living?
- November statistics - Cultural preservation and financial instability: Top concerns for American Indians
- October statistics - Surprising facts on workers who are disabled
- September statistics - Hispanic American population, businesses exploding
- For more on Hispanic Americans, read "Hispanic Legacies in American Culture."
- August statistics - GLBT Students School Climate Survey
- July statistics - What do Muslim Americans really think?
- June statistics - What does marriage cost GLBT?
- May statistics - Which group of women is the fastest growing in the U.S. labor force?
- April statistics - People of Color in the Workplace
- March statistics - Quick Facts on Nontraditional Occupations for Women
- February statistics - Health of Black or African American Population
- January statistics - Whites, Latinos and Blacks Life Satisfaction
- December statistics - Hunger and Poverty around the world
- November statistics - Native Americans
- October statistics - Americans with disabilities
- September statistics - Latin American Women
- Want more statistics on a variety of topics? Visit our Diversity Statistics page.
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