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Stock impact report

Latinos: A powerful force fueling small-business growth and driving $700 billion into the US economy [CNBC]

Popular, Inc. (BPOP) 
Last popular, inc. earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: popular.com/en/investor-relations
Company Research Source: CNBC
Sarah L. Voisin | The Washington Post | Getty Images Dora Escobar is the owner of eight businesses in Maryland, including La Chiquita Express, a money-wiring business on University Boulevard. There's a powerful force turbocharging small-business growth in the United States that often goes overlooked. It's the Latino contingent that has outstripped all other demographic groups in the sector. The nearly 4.4 million Latino-owned businesses in the United States contribute more than $700 billion to the American economy every year, according to a study by the U.S. Hispanic Chamber of Commerce . In fact, Latino-owned companies have grown 31.6 percent since 2012, more than double the growth rate of all businesses across America (13.8 percent), the USHCC reports. The achievements of Latino small businesses are impressive when you consider it is often hard for them to gain access to capital. Yet they are making progress. An estimated 55 million Latino Show less Read more
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