2.2 Million Hispanic-Owned Firms Estimated to Generate Almost $400B

Entrepreneurship--the willingness to take a risk and start one's own business--has always been the driving force of the U.S. economy. Research indicates that among American minority groups, Hispanics are the most likely to start their own businesses. The most recent government data show Hispanics own the largest number of firms. HispanTelligence® estimates that existing trends support projections of at least 2.2 million Hispanic-owned businesses generating close to $388.7 billion in revenues in 2008.