Hispanic Owned Businesses

Posted: Jun 29 2014

The following information is a Hispanic.com analysis of data from the 2007 Census Bureau Survey on Business Ownership.  The 2007 survey is the most recent survey on business ownership performed by the U.S. Census Bureau.

2007 Census Bureau Survey of Business Ownership
Statistics on Hispanic Owned Businesses of Hispanic, Mexican, Mexican American, Chicano, Puerto Rican, Cuban, Spanish and Other Hispanic Descent
Note: The below figures include partnership business set-ups involving Hispanic and non-Hispanic business owner partnership arrangements
Number of firms with or without paid employees               7,288,079
Sales, receipts, or value of shipments of firms with or without paid employees ($1,000)  $     1,159,519,551
Number of firms with paid employees                  835,613
Sales, receipts, or value of shipments of firms with paid employees ($1,000)  $        928,795,369
Number of paid employees               6,435,239
Annual payroll ($1,000)  $        183,727,568
Number of firms without paid employees               6,452,129
Sales, receipts, or value of shipments of firms without paid employees ($1,000)  $        230,709,462

 

2007 Census Bureau Survey of Business Ownership  
Percentage of Hispanic Owned Businesses of Hispanic, Mexican, Mexican American, Chicano, Puerto Rican, Cuban, Spanish and Other Hispanic Descent Operating in the U.S.
Note: The below figures include partnership business set-ups involving Hispanic and non-Hispanic business owner partnership arrangements
The below figures show the breakdown of the types of Hispanic owned firms operating in the U.S. according to NAICS codes
Accommodation and food services 2.9%
Administrative and support and waste management and remediation services 13.5%
Agriculture, forestry, fishing and hunting 0.5%
Arts, entertainment, and recreation 2.9%
Construction 14.8%
Educational services 1.5%
Finance and insurance 2.3%
Health care and social assistance 10.3%
Industries not classified 0.0%
Information 1.0%
Management of companies and enterprises 0.0%
Manufacturing 1.7%
Mining, quarrying, and oil and gas extraction 0.1%
Other services (except public administration) 14.8%
Professional, scientific, and technical services 8.5%
Real estate and rental and leasing 6.1%
Retail trade 8.5%
Transportation and warehousing 8.6%
Utilities 0.1%
Wholesale trade 2.0%
Grand Total 100.00%

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