More Latinos start businesses
Increasingly, blacks also become entrepreneurs
— reported by the Houston Chronicle1
Latinos and immigrants start companies at higher rates than white non-Latinos, while blacks increasingly are jumping into business ownership, a new study finds.
Among other findings of the Kauffman Index of Entrepreneurial Activity: 550,000 businesses launch each month nationally — an average of 0.36 percent of the adult population. That rate has remained roughly unchanged over the study period, 1996 to 2004.