NEW REPORT: Hispanic-Owned Businesses: Growth Projections to 2012

This data rich report contains:

  • Statistical revenue and numerical projections of Hispanic-owned businesses.
  • The top 20 states by sales generation and number of firms.
  • Detailed breakdown of Hispanic-owned firms by employees, origin, and more (including the top 500 Hispanic-owned firms by revenues).

Key insights include:

  • Hispanic-owned firms in the United States expect to grow 90.9 percent to 3 million.
  • Total revenues of Hispanic-owned firms will increase by 50.8 percent from 2003.
  • Projections of the “Transportation and Warehousing” industry show a growth of 60.6% from 2002
  • More than 90 percent of all Hispanic-owned firms, and their sales volume, are concentrated in 20 states
  • 74.8% of all Hispanic firms are concentrated in 4 states.

Hispanic-Owned Businesses

The number of Hispanic-owned businesses in the United States is expected to grow 41.8 percent in the next six years to 4.3 million, with total revenues surging 39 percent to more than $539 billion, according to new estimates by HispanTelligence. 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 8.5 and 8.7 percent, respectfully, over the next couple years.

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