Tuesday, November 15, 2011

Hispanic Veteran-Owned Businesses Grow the Economy and Create Jobs

Immigrants are usually very entrepreneurial and veterans are also, so this is a good combination. The Census report shows how important this group is to our economy. - - Donna Poisl

from Hispanic PR Wire

WASHINGTON, Nov. 9, 2011 /PRNewswire-HISPANIC PR WIRE/ -- As the United States reflects this week on the many contributions of our veterans and service members over Veterans Day weekend, the United States Hispanic Chamber of Commerce (USHCC) recognizes the value that Hispanic veterans' efforts have had on our economic recovery.

According to the most recent Census Bureau Survey of Business, the percentage of Veteran-owned businesses under Hispanic ownership doubled from 2002 to 2007. Hispanic veteran-owned businesses now number over 113,000. These businesses employ about 141,000 people and account for nearly $25 billion in receipts.
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