Skip to main content

Message to the Nativists: Enjoying the economy? Thank the Immigrants!

Report Shows Hispanics Are Opening Businesses Three Times Faster Than National Average

Again, its why we need sensible, secure border and immigration policy. It will allow the economy to continue growing.

RNC Chairman Ken Mehlman issued the following statement on today’s U.S. Census report showing Hispanic-owned businesses opening at a rate that is three times the national average.
“Today’s U.S. Census report reveals that in the midst of a strong economy, Hispanics are opening businesses three times faster than the national average. The incredible growth of Hispanic businesses is a testament to the spirit of entrepreneurship and the economic policies of President Bush and Republican leaders in Congress that encourage minority ownership.

This report further underscores the need to continue to pursue the Republican economic agenda that reduces tax burdens, reforms liability litigation, enables affordable health insurance, and allows Americans to break free from government barriers and realize the American Dream.”
On a more local scale, Hispanic PR Wire is reporting that "Hispanic-Owned Firms Increase 47 Percent in Fairfax County, Census Bureau Says; Fairfax Has Most Firms in Virginia; Sales Top $1 Billion in 2002"

Here is the story.
Fairfax County, VA--(HISPANIC PR WIRE - BUSINESS WIRE)--March 21, 2006--The U.S. Census Bureau reported today that 7,302 Hispanic-owned businesses operated in Fairfax County in 2002, a 47.2 percent increase since 1997 when the last count was taken. The Fairfax County increase is larger than the 31 percent national increase noted by the Census Bureau. The results are among the latest findings of the 2002 Economic Census.

Fairfax County has the most Hispanic-owned firms in Virginia. Fairfax County accounts for about 38.5 percent of all the Hispanic-owned businesses in the Commonwealth and 25.2 percent of the Hispanic-owned businesses in the Washington, D.C., metropolitan area, the Census Bureau reported.

The Census Bureau found that about 90 percent of Fairfax County's Hispanic-owned firms are sole proprietorships. Hispanic-owned firms in Fairfax County with employee payrolls totaled 727, a 4.8 percent increase since 1997. The 2002 number of firms with employees was 29.9 percent of the Virginia total and 22.6 percent of the Washington area total.
Tags: Politics, border, Terrorism, Homeland Security, MEXICO, Business, Bush,

Comments

Post a Comment

Popular posts from this blog

Al Cardenas Comments on Univision Democrat Forum

Al Cardenas is Chairman of Romney for President's Hispanic Steering Committee. I got the following email from the campaign. Boston, MA – Al Cardenas, the Chairman of Romney for President's National Hispanic Steering Committee, issued the following statement regarding tonight's Democrat presidential forum on Univision: "Tonight's Univision forum demonstrated once again the consequences that a President Clinton, President Obama or President Edwards would have on the Hispanic community.  Whether it's tax increases for families and the two million Hispanic business owners, socialist-style health care, coddling dictators, opposing free trade with our allies or putting family values last, the Democrat presidential candidates made clear how out of sync their policies are with the best interests of the Hispanic community. Mitt Romney has put in the effort to reach out to this vital bloc, and, after watching tonight's debate
Post a Comment
Read more

Harry Potter Mania -- Discussion

There is a great discussion going on at WorldMagBlog on the whole Harry Potter mania. Nothing to do with Latinos, I suppose, but I thought I would ad my two cents. A reader commented: I think its interesting how much people want to be in a group that is all connected by some common thread. It says a lot about our desire for homogeny, not always along racial, sexual or religious lines, but also simply based on what we do in our spare time. The interesting thing about Harry Potter fans vs. Star Trek fans is that a vast majority of them are kids who have grown up with the books, or the parents of said kids. I wonder if what sort of effects this will have on them as they get older (and whether or not they will remain HP fans). We live in an obsessive culture. Posted by David B. at July 22, 2005 07:54 AM This is an interesting phenomenon. I would think it is indicative of our society, more than anything else. I tend to agree with the idea that it shows a desire or need for communi
Post a Comment
Read more

Communism: Good Money for the "El Viejo"

I guess Fidel Castro is doing ok . Forbes lists Castro as one of the richest in the world, right up there with the Queen of England. I bet he didn't like the attention. It was hard to figure it out, but it seems they managed to throw some numbers together. In the past, we have relied on a percentage of Cuba's gross domestic product to estimate Fidel Castro's fortune. This year we have used more traditional valuation methods, comparing state-owned assets Castro is assumed to control with comparable publicly traded companies. A reasonable discount was then applied to compensate for the obvious disclosure issues.
1 comment
Read more