the Latino daily – Your Wednesday morning brief

Wednesday, April 20, 2016

Good morning Taquistas!

It’s a good day to squash long-held myths. I’m going to start today with a short list of numbers that correct a few false-narratives about Latino business.

►Wednesday’s numbers

80 – The percentage of U.S. Latino businesses that sell to the complete domestic market. The myth is that Latino owned Businesses (LOB) “are smaller because they sell primarily to Latinos and thereby are not taking advantage of the complete U.S. market.”

1 – The percentage of difference between LOB’s and non-LOB’s in the top five industries in average sales per month. The myth is that LOB’s are small because they oversubscribe to small, slow-growth industries.

Source: CNBC

►Clinton wins big among NY Latinos

New York voters are still rubbing the sleep out of their eyes and already there are numbers to tell us how last night’s primary vote worked-out. This is from The Week:

“Sen. Bernie Sanders won voters aged 18 to 29, independents, single men, people who describe themselves as very liberal, the religiously unaffiliated, white men, and white voters without a college degree in New York’s Democratic primary, according to exit polls, but Hillary Clinton won all other demographics. Clinton won 75 percent of the black vote (22 percent of the Democratic electorate), 63 percent of Latinos (14 percent of the electorate), and 49 percent of white voters overall (60 percent of the electorate), including 42 percent of white men and 54 percent of white women.”

Did you catch it? It buried in the 3rd line: Hillary got 63 percent of the Latino vote. There’s a finer breakdown – she got 63 percent of 14 percent of the electorate.

►Of course, there couldn’t be a NY primary without some controversy

The Wall Street Journal reports “Widespread complaints about faulty ballot scanners, inadequate staffing at poll sites and tens of thousands of people missing from the voter rolls . . . READ MORE