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.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"
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.”
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.Tags: Politics, border, Terrorism, Homeland Security, MEXICO, Business, Bush, economy
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.