|A directory of recommended businesses for Latinos and Hispanics.|
|A directory of businesses that support Hispanics|
Why list your business in The Official Hispanic Business Directory?
Rise of Hispanic-Owned Businesses The number of Hispanic-owned businesses in the United States increased by 43.7 percent to 2.3 million, more than twice the national rate of 18.0 percent between 2002 and 2007, the U.S. Census Bureau announced in September 2010. Last year, in 2013, Hispanic businesses and residents were the fasted growing demographic group. About 45.8 percent of all Hispanic-owned businesses were owned by people of Mexican origin.
The Official Hispanic Business Directory is the directory of choice for reputable Hispanic and Latino/Latina persons and businesses that advertise their products and services in the global market place. We accept listings from all businesses that have a product or service of interest the Hispanic community, and we accept listings
Hispanic-owned businesses generated $345.2 billion in sales in 2007, up 55.5 percent compared with 2002. The number of Hispanic-owned businesses with receipts of $1 million or more increased 51.6 percent — from 29,168 to 44,206 businesses between 2002 and 2007. Hispanic-owned business continue to lead across many ethnic categories in diverse business sectors. When you list your business in The Official Hispanic Business Directory, you are helping to expand your reach to Hispanic consumers and Hispanic businesses.
Best States for Hispanic Businesses
Hispanic-owned businesses comprised 23.6 percent of all businesses in New Mexico, highest among all states, followed by Florida (22.4 percent), Texas (20.7 percent), California (16.5 percent) and Arizona (10.7 percent). Among counties with a 2007 population of more than 500,000 people, Hispanic-owned businesses comprised 68.7 percent of all businesses in Hidalgo, Texas, the highest in the nation, followed by El Paso, Texas (61.4 percent), Miami-Dade, Fla. (60.5 percent), Bronx, N.Y. (37.6 percent) and Bexar, Texas (37.3 percent). Nearly one-third (30.0 percent) of Hispanic-owned businesses operated in the construction, repair and maintenance, and personal and laundry services industries.
Hispanic Payroll Gains
Of the 2.3 million Hispanic-owned businesses, 249,168 had paid employees, an increase of 24.9 percent from 2002. These employer businesses employed 1.9 million people, an increase of 25.7 percent from 2002, and their payrolls totaled $54.6 billion, an increase of 48.7 percent. Receipts of Hispanic-owned employer businesses totaled $274.5 billion, an increase of 52.9 percent.