U.S. Census Bureau Daily Feature: Hispanics and the nation’s economy

 

Profile America — Sunday, September 29th.  As National Hispanic Heritage Month continues, and another fiscal year draws to a close, much attention is focused on the country’s economic performance.  The 53 million strong Hispanic community in the United States inhabits a formidable and expanding place in the nation’s economy.  Over 19 percent of Hispanics over the age of 16 work in management, business, science, and arts occupations.  When tabulated recently, there were 2.3 million Hispanic-owned businesses in the U.S., an increase of almost 46 percent from five years earlier.

A greater surge is seen in revenues from Hispanic-owned businesses.  Receipts totaled over $350 billion, up more than 58 percent from the earlier figure.  You can find more facts about America’s people, places and economy from the American Community Survey at www.census.gov.