Hispanic-Owned Businesses Rising in Texas
In September, the U.S. Census Bureau announced that the number of Hispanic-owned businesses in Texas rose by 40.1 percent between 2002 and 2007, to a total of 447,486. During the same period, their sales rose by nearly 47.2 percent, to $62.1 billion.
In the state’s 10 largest cities, the number of Hispanic-owned businesses rose at rates ranging from 22.6 percent in Houston to 51.8 percent in Arlington.
Hispanic-Owned Business in Texas’ 10 Largest Cities, 2002-2007
| City | Hispanic-owned firms, 2007 |
Hispanic-owned firms, 2002 |
Percent change, 2002 - 2007 |
|---|---|---|---|
| Houston | 51,207 | 41,753 | 22.6% |
| Dallas | 18,144 | 13,673 | 32.7% |
| El Paso | 31,640 | 23,849 | 32.7% |
| Corpus Christi | 8,849 | 6,654 | 33.0% |
| Garland | 3,979 | 2,855 | 39.4% |
| Plano | 1,786 | 1,267 | 41.0% |
| San Antonio | 43,081 | 29,654 | 45.3% |
| Austin | 10,526 | 7,045 | 49.4% |
| Fort Worth | 8,169 | 5,453 | 49.8% |
| Arlington | 3,870 | 2,549 | 51.8% |
Source: U.S. Census Bureau
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