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Latino Daily News

Friday June 25, 2010

Number of Hispanic Owned Businesses to Grow Significantly Over Next Several Years

In an study recently concluded by HispanTelligence, the number of Hispanic-owned business in the U.S. is expected to grow annually by 8.5% over the next six years.  The study estimates Hispanic owned businesses will reach numbers close to 3 million and revenues contributed in annual sales is also expected to be robust.  There are more Hispanic’s opening up their own businesses than ever before and becoming affluent enough to do a start up, contributing $539 billion to the U.S. economy over the next several years. 

 

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