In general, women-owned firms contribute $3 trillion annually to the U.S. economy and account for 16% of all jobs. Recent research shows that all women entrepreneurs will create 5 to 5.5 million new jobs across the U.S. by 2018.
About 64 percent of all jobs in America are created by small businesses, with those owned by Hispanics being the fastest-growing segment.
Like other cities around the country, Providence, Rhode Island is wrestling with serious economic trouble but there is one bright spot, according to a report by economists at the Federal Reserve of Boston - and that is the growth of Latino-owned businesses.
The number of Latinos who own and operate small businesses in Minnesota is booming. This state-wide trend is spreading to Moorhead.
The number of Latino owned-businesses in Minnesota has grown by one quarter in just five years, according to Census figures. That's nearly double the rate of overall business growth in the state.
A new report from the California Community Foundation points to what some might find an unexpected driver of wealth in the Los Angeles region: entrepreneurial immigrants.
Pizza Patron, a 25-year-old company founded in Dallas that found their niche catering to the growing Latino market is growing and expanding in a sluggish economy.
The Chicago area’s Latino population is becoming an increasingly vital contributor to the local economy, disputing a perception that Latinos tend to take more than they contribute to society, a new report claims.
For generations, the story of the small rural town of the Great Plains has been one of exodus — of businesses closing, classrooms shrinking and, year after year, communities withering as fewer people arrive than leave and as fewer are born than are buried. That flight continues, but another demographic trend has breathed new life into the region.
More than 40 years after arriving in New York from Mexico uneducated and broke, Felix Sanchez de la Vega Guzman still can barely speak English. Yet Mr. Sanchez has lived the great American success story. He turned a business selling tortillas on the street into a $19 million food manufacturing empire.
The Torres family and others were the roots of a Latino community that, by 2010, had grown to 51,230, or 58 percent of Reading’s population. “We came for the same reason everyone else did,” said Aida Torres, 69. “For a better environment. For a better life.”
An agreement among small Hispanic companies, big corporations, a non-profit and a local university has resulted in the creation of a "culturally appropriate" leadership program for Hispanic professionals in the Rocky Mountains.
Spending in Hispanic Media rose 14% to $4.3 billion in 2010, according to a new study by the Association of Hispanic Advertising Agencies.
Staten Island has seen the largest increase in its Latino community than any other borough, prompting many Hispanic businesses to open up shop.