The Small Business Watchdog

As the voice of small business in government, Advocacy invites you to post your thoughts on this moderated blog, provided as a forum for the small business community.

The Small Business Watchdog header image 2

Hispanic-Owned Businesses Outpaced Overall Business Growth over 10-Year Period

September 28th, 2010 · 3 Comments

The number of Hispanic-Owned Businesses grew 88 percent during the 10-year period from 1997 to 2007. Their growth rate was almost 3 times the national level (30 percent) for the period. Detailed information about Hispanic-owned business was recently released by the U.S. Census Bureau and can be found in the 2007 Survey of Business Owners (SBO). The SBO release provides final data on Hispanic businesses, including geographic and industry detail, business detail, and state-by-state growth.

 —Ying Lowrey, Senior Economist

Tags: Uncategorized

3 responses so far ↓

  • 1 Cursos Forex // Sep 28, 2010 at 7:27 pm

    “The number of Hispanic-Owned Businesses grew 88 percent during the 10-year period from 1997 to 2007″…
    One average of 8,8% per year. This is a big increment.

  • 2 Nick // Oct 6, 2010 at 11:37 am

    I can’t think of anything else that has averaged 8.8% growth from 1997 to 2007.

    I’m really surprised by these results.

  • 3 Mike M // Oct 12, 2010 at 1:53 pm

    As a small business owner in Austin TX I can attest to the growth in our community among hispanic business owners. I am always pleased to see diversity and healthy competition in the marketplace.