Latino entrepreneurs are part of a unique and very powerful group. They are the fastest-growing group of business owners in the United States. This, despite the fact that they continue to battle against entrenched racism in many areas. Despite low salaries and interest rates, the power of Hispanic owned businesses is growing.
The number of Hispanic-owned businesses has grown by an astonishing rate, over 34 percent, in the past decade. This is in sharp contrast to a rate of just over 1 percent for all of the other business owners in the United States combined. This is a rate that shows every sign of growing rather than slowing down.