Posted on September 23, 2010

Hispanic-Owned Businesses Rise 40% in Texas

Austin Business Journal, September 22, 2010

A total 447,486 Texas businesses reported having Hispanic owners in a recent survey, ranking the state third in the nation for quantity.

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A majority, or about 56.7 percent, are based in Harris, Bexar, Hidalgo, El Paso and Dallas counties, about 80 percent of which are of Mexican origin. Sales by those businesses increased nearly 47.2 percent during the same period to $62.1 billion.

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The three Texas counties that reported the largest increase in Hispanic-owned businesses were near Dallas: Denton County rose 93.9 percent, Collin County rose 81.3 percent and Tarrant County rose 67.7 percent.

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