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.

Download the Hispanic Ownership Statistics Series, 2024 (PDF, 226 KB)

Source Link

Nonemployer Statistics by Demographics (Census), https://www.census.gov/programs-surveys/abs/data/nesd.html