Calculation of the Bureau shall inform the number of Hispanic-owned businesses grow by 40% in Texas

Texas Hispanic-owned enterprises rose 447,486, 40,1% growth in 2007, THE U.S. Census Bureau announced today. These companies during the same period, sales increased by almost 47,2% 62.1 billion dollars. Texas ranked, inter alia, the top three States the number of Hispanic-owned enterprises.

Hispanic-owned business in Texas, was the land of five State 254 56.7% — Harris, Bexar, Hidalgo, El Paso and Dallas. (See table 1.[Excel])Harris County ranked third nation in the number of Hispanic-owned enterprises and on the other hand, the business owners of Mexican origin.

Business owners of Mexican origin accounted for 79.7% of all Hispanic-owned business in Texas.

This information comes from the Business owners research: Hispanic-Owned businesses: 2007 and the business, sales volume and revenue, paid employees and an annual payroll. The data is presented in the municipality and the city, industry, and transactions and detailed Hispanic origin.

Three regions that border Dallas County saw large% increase from 2002 to 2007 the number of Hispanic-owned enterprises — Denton (93.9%), Collin (81.3%) and Tarrant (67.7%).

Texas cities, Arlington (51.8%) in Fort Worth (49.8%) and Austin (49.4%) saw a large increase in the number of Hispanic-owned enterprises. (See table 2. [Excel])

Texas metropolitan areas that saw large% of Hispanic-owned enterprises the number of Dallas Fort Worth-Arlington (54.1%), San Antonio (50,0%) and Houston-Sugarland-Bayton (38.1%).

Other highlights:

41,321 Hispanic-owned companies Were in Texas in 2007 20,1% by the year 2002 compared with the growth of paid employees.These companies employed 398,152 person 42.1%.Recalculation is these companies increased by 61.3% 10.0 billion dollars, and revenue rose 39,3% 45,9 billion dollar companies without. Hispanic paid employees increased by 42.5%, the number of 406,165.These undertakings the sum of 16 nonemployer. 2 billion dollars, 75.1% increase in 2007, Hispanic-owned enterprises had 8,161 Texas receipts of more than 1 million dollars.Texas was 69 Hispanic-owned enterprises employ more than 500 employees. Construction, wholesale trade and retail trade 49,1% Texas. Texas income Hispanic-owned enterprises accounted for 356,706 companies which were owned by the people of Mexican origin.These companies employed 327,338 person and their revenue totaled 49.1 billion dollars.

Business owners Survey defines the Hispanic-owned enterprises, with Hispanics owns 51% or more of the equity, interest rates or stock business in the United States for firms.

Note: as the "Mexican-owned," "Puerto Rican owned" References "Cuban-owned" and "other Hispanic Latino companies, business refer to only the 50 States and the District of Columbia, that the self identified 51% or more ownership in 2007, is the Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin to private firms. Survey of Business owners (SBO) does not distinguish between Us residents and nonresidents. undertakings in the public or other foreign Governments, foreign or domestic companies are included in the category" Publicly owned and other companies is not classified as sex, race and ethnicity, veteran status. "

Business owners survey will be carried out every five years as part of the economic calculation. 2007 survey data collected up to 2.3 million companies in the sample. Sample information collected during the investigation, as well as the sampling variance nonsampling errors as errors. sources of nonsampling errors are the answer, and coverage information about nonreporting. concerning the structure of the SBO survey methodology and data limitations, can be found in the .