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Puerto Rican Entrepreneurship in the U.S.

Puerto Rican Entrepreneurship in the U.S.

Jennifer Hinojosa

Puerto Rican entrepreneurs were the fastest growing business firms in the U.S. According to the most recent U.S. Census Bureau’s Survey of Business owners1, Puerto Rican business firms in the U.S. employed over 250,000 employees and generated $24.4 billion in sale revenues in 2012. Driven by population growth within the U.S. mainland and the recent Puerto Rican migration from Puerto Rico, Puerto Rican owned businesses exploded throughout the nation, especially in areas of new settlement. Data from the 2002, 2007, and 2012 U.S. Census Bureau’s Survey of Business Owners were used to analyze national and state level trends among Puerto Rican business owners relative to the other groups in the nation.

 

Puerto Rican Entrepreneurship in the U.S.

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