latina focus
Businesses Owned By Hispanic And
Latina Women In The United States
I
n this fact sheet, the Center are majority-owned by
for Women’s Business women. Hispanic/Latina
Research presents the most majority women-owned firms
up-to-date information currently employ 16.2 percent of the
available on privately-held? workers in Hispanic/Latino
businesses owned by Hispan- majority-owned firms and
ic/Latina women in the United generate 17.0 percent of the
States. Analyzing data provided sales.
by the U.S. Census Bureau, the square6Eighty percent (80.0%) of
Center projects the following Hispanic/Latina majority
statistical portrait of privately- women-owned (51% or
held businesses owned by His- more) firms are in the service
panic/Latina women in 2006. sector; 9.2 percent are in
retail trade; and 4.5 percent
square6As of 2006 there are an esti- are in real estate, rental, and
mated 856,7821firms 50% or leasing.
more owned by Hispanic/Latina square6The greatest growth by
women in the U.S., employing industry in the number of
418,518 people and generating Hispanic/Latina majority
nearly $67 billion in sales. cent; and sales increased 33.3 percent. women-owned (51% or more) firms
square6There are an estimated 745,246 square6More than a third (35.7%) of firms from 1997 to 2006 was in services
firms majority owned (51% or more) majority owned (51% or more) by (286.2% growth). There was also sub-
by Hispanic/Latina women in the women of color are majority owned stantial growth in real estate, rental,
U.S., employing 277,683 people and by Hispanic/Latina women. Firms and leasing (186.4%); and wholesale
generating nearly $46 billion in sales. majority owned by Hispanic/Latina trade (115.0%). HNM
square6Between 1997 and 2006, the num- women now represent 9.7 percent of
ber of firms majority owned (51% or all majority women-owned firms in
The Center for Women’s Business Research’s projec-
more) by Hispanic/Latina women the U.S.
tions for women-owned firms in 2006 are based on
increased by 121.3 percent; the num-
data from the U.S. Census Bureau’s Economic Census
square6More than a third (36.9%) of all
from the years 1997 and 2002, the latter of which was
ber of employees increased 18.6 per- Hispanic/Latino majority-owned firms
made available in 2006.
Firms Majority Owned by Hispanic/Latina Women in the U.S., 2006
Hispanic/Latino-Owned Firms Hispanic/Latina Women-Owned Firms
Women-Owned Men-Owned % Change % Share of All
Firms Firms 1997–2006 Hispanic/Latino
Owned Firms
Total U.S. Number of Firms 745,246 1,202,331 121.3 36.9
Employment 277,683 1,285,947 18.6 16.2
Sales ($000) 45,933,840 212,272,420 33.3 17.0
Ownership refers to majority (51% or more) ownership. 1 Privately-held firms include firms with and without paid employees. These exclude publicly-held, foreign-owned
and nonprofit businesses.
Source: Center for Women’s Business Research using U.S. Census Bureau data.
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