Women own more than half of Arizona’s Latino-owned businesses
*If this is a trend, it’s a good one. More than hald of all Latin@ businesses in Arizona are owned by women. VL
The Arizona Hispanic Chamber of Commerce will release its fifth annual edition of the DATOS Tucson report at a morning conference Oct. 6.
Among the 2015 highlights in DATOS Tucson:
- Hispanic purchasing power nationwide is an estimated $1.5 trillion in 2015, roughly equivalent to the GDP of Australia. Hispanic purchasing power in Arizona is an estimated $40.3 billion in 2015.
- There are more than 55 million Hispanics in the United States, 17 percent of the country’s population. There are nearly 2.1 million Hispanics in Arizona, 30.3 percent of the total population.
- The number of Hispanic owned businesses in Arizona now exceeds 123,000, while the businesses owned by Hispanic women, more than 66,000 are now the majority of all Hispanic-owned companies in the state.
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[Photo courtesy of AZ Business Magazine]
