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February 29, 2008

The Current State of the Economy and Minority Businesses in Georgia

by Thomas D.Boston Ph.D.

 

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  • —Over the last decade the number of Hispanic businesses grew faster than businesses of all other race/ethnic groups except Native Americans 

  • —In Georgia there were 18,310 Hispanic-owned firms in 2002, and 2,634 of these firms had paid employees

  • Hispanic employer firms generated $3.4 billion in revenue annually 

  • Hispanic purchasing power today is about $11 billion

      

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