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Latino businesses pump billions into Houston

Hispanics used to come to Houston with a dream of starting their own businesses. Today they come with the dream of expanding existing ventures by setting up shop in one of the country’s fastest-growing business meccas.

Indeed, the Hispanic business community is on a new fast track, fueled by sophisticated immigrants from Latin America who are banking that Houston’s thriving community is a good fit for their companies.

Between 2002 and 2007, the number of Hispanic-owned businesses in the Houston region jumped 38.8 percent to 104,368 from 75,165, according to the most recent data available from the U.S. Census Bureau.. READ MORE

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Tags: BUSINESS, ECONOMY, HOUSTON, U.S. CENSUS BUREAU

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