Calculation of the Bureau shall inform the Hispanic-owned enterprises increase is more than double the national price

The number of Hispanic-owned businesses in the United States increased by 43.7% 2,3 million, more than twice the national rate to 18.0% from 2002 to 2007, the U.s. Census Bureau announced today. About 45.8% of the total amount of Hispanic-owned companies were owned by the people of Mexican origin.

Hispanic-owned enterprises are created in the sales 345.2 billion dollars in 2007, 55,5% compared with 2002. Hispanic-owned enterprises with at least 1 million dollar revenue rose by 51.6% of the companies between 29,168 44,206 — in 2007.

These new information comes from the Business owners Survey: Hispanic-Owned businesses: 2007, which contains details of every five years thereafter, the Hispanic-owned enterprises, such as company sales volume and revenue, paid employees and an annual payroll.

Statistics are displayed-Hispanic companies, companies that are equally (50%/50%) owned by Hispanics and Hispanics and four Hispanic subgroups — companies owned by Mexican, Puerto Rican, Cuban or other Hispanic origin.

Information is presented in a geographical area (region, city, and metro area including), industry and the whole of its business. Provisional data of the national and State was released in July.

Hispanic-owned enterprises is 23.6% of all enterprises in New Mexico, the highest of all States, Florida (22.4%), Texas (20.7%), California (16.5%) and Arizona (10.7%).

County population of over 500 2007.000 people, Hispanic-owned enterprises is 68.7% of all enterprises in Hidalgo, Texas, the nation's highest, El Paso, Texas (61,4%), Miami Dade, Fla. (60.5%), Bronx, N.Y. (37.6%), Bexar, Texas (37.3%).

Hispanic-owned enterprises is included among the cities 2007 population of more than 500 000 people, 59.8% of all companies of the highest level of the nation, El Paso, San Antonio, Texas (39,4%), Houston (23.3%), Albuquerque, N.M. (23.1%), and Los Angeles (21.0%).

Other highlights:

In 2007 of Mexican origin citizens-owned enterprises for accounting purposes as being those of 45.8% of Hispanic-owned enterprises; Cuban origin accounted for 11,1%, Puerto Rican-owned enterprises accounted for 6.9%, and Hispanic origin 34 companies. 5 percent the number of people in the Mexican origin increased by 47.7% between 2002 and 2007 shall be accounted for by the other undertakings; 43,0% increased by Puerto Rican-owned enterprises, the number increased to sixty-five percent of the total number of companies owned by Cuba and other Hispanic-owned businesses grew by 2.3 million Hispanic-owned enterprises 30.6 percent of, an increase of workers 249,168 had paid to 24,9% since 2002.These companies an employer of 1,9 million people, an increase of 25,7% since 2002, and the recalculation to one billion dollars, 54,6 48,7% growth.Hispanic-owned employer firms sum 274.5 billion dollars, 52.9 2,3 million percent of Hispanic-owned businesses in the growth of 2.0 million had been paid employees, 46.4%. business revenue in one of these nonemployer 70.7 billion dollars, 66.6 percent. The number of Hispanic-owned enterprises increased by 26.4% 1,508 1,906 100 or more employees.These companies are created categories 74.2 billion dollar revenue, an increase of Nearly one-third of the% 2002.76.6 (30.0%), Hispanic-owned enterprises in the construction, repair and maintenance, maintenance and personal and Laundry services in the industry.(See diagram)[Excel]Wholesale trade, construction, and for accounting purposes as being those of 50.8% of Hispanic-owned enterprises income in the retail trade.

Business owners Survey defines the Hispanic-owned enterprises, with Hispanics owns 51% or more of the equity, interest rates or stock business.'Ll customize on highlighting other minority, women, and veteran-owned enterprises, shall be adopted in accordance with the following year and contains detailed information about their business, sales volume and revenue, paid employees and an annual payroll of. information is presented in a geographic area, industry and company size. next, the different publications shall be adopted in accordance with the tab key to bring focus to the properties for all businesses and business owners.

Note: as the "Mexican-owned," "Puerto Rican owned" References "Cuban-owned" or "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 of private individuals, Business owners. Survey 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 from http://www.census.gov/econ/sbo/methodology.html