Small Business Facts: Hispanic Ownership Statistics 2024
Advocacy has released its newest infographic spotlighting Hispanic-owned businesses in the U.S. Hispanics are the majority business owners of over 5 million firms, which employ nearly 3 million workers. According to the latest official data, Hispanic business owners represented 14.5% of business owners in 2022, a 13% increase from 2021.
Advocacy’s infographics use the most recent Census Bureau data to show the contributions of Hispanic-owned businesses to the U.S. economy.
Tap the play button on the video below to view the series. Video has no sound.
Source Link
Nonemployer Statistics by Demographics (Census), https://www.census.gov/programs-surveys/abs/data/nesd.html