How Much Do Latinos Contribute to the US Economy?

Contribution of Latino Businesses to U.S. Economy

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The amount of Latino-owned businesses is increasing dramatically, representing a 44 percent growth between 2002 and 2007. The income created by these companies was $345.2 billion in 2007, up 55.5 percent from 2002. In the United States, Latinos own approximately nearly 30,000 firms with receipts of $1 million or more.