U.S. Census Finds Number of Women Entrepreneurs Growing, INCLUDING LATINAS!

Thursday, January 26, 2006

U.S. Census Finds Number of Women Entrepreneurs Growing
http://latinalista.blogspot.com/2006/01/us-census-finds-number-of-women.html#comments

Note: See pics at websource

Tina Cordova, chief executive of Queston Construction
(Source: NYTimes)

Finally, the U.S. Census has caught up with the fact that more of us are taking our destinies into our own manos.

In a new Census Bureau report, the first comprehensive study to be done in 5 years by the government, it was found that the number of women-owned businesses grew twice the national average between 1997 and 2002.

Marion Luna Brem: owner of car dealership

And we're just not opening up extensions of la casa, i.e. restaurants, cleaning or sewing services tampoco.

One-in-three women businesses were in health care, social assistance, personal services, repair and maintenance.

One of the amazing findings of the study was that while there were 117,069 women-owned firms with receipts of $1 million or more, the majority of women-owned businesses (5.6 million) had no employees.

Also, it seems that there are certain areas of the country that are benefiting more than others from women opening up their own businesses.

Nevada, Georgia, Florida and New York were four states with the fastest rates of growth for women-owned firms between the years 1997 and 2002.

To us Latinas, that is old news!

Since 2004, we've been documenting how more and more Latinas are opening up their own businesses, in addition, to taking care of la familia.

In fact, Latinas are opening up businesses at a higher rate than the national average.

In a 2004 study, it was found that "over all, an estimated 1.4 million companies are owned by minority women in the United States, generating nearly $147 billion in sales. Hispanics accounted for 39 percent of the companies, while African-Americans accounted for 29 percent. Asian-Americans and Pacific Islanders, who were grouped together, also accounted for 29 percent. Native Americans and Native Alaskans made up about 6 percent, the study said."

In other words, women are becoming more empowered.

What a nice legacy to leave our hijas!
posted by Marisa Treviño @ 3:38 PM    
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Comment: Gracias Dona Trevino ~ for caring and sharing: Thursday, January 26, 2006

U.S. Census Finds Number of Women Entrepreneurs Growing
http://latinalista.blogspot.com/2006/01/us-census-finds-number-of-women.html#comments

This is great news by the U.S. Census Bureau via a 850-page Report on Women-Owned Firms in 2002: Economic Census - Survey of Business Owner ~ Company Statistic Series Issued January 2006

Websource: http://www.census.gov/prod/ec02/sb0200cswmn.pdf

This is the first I have heard about this considering the Report says in 2002 and Issued 2006. Why the delay? Crunching numbers?

It is good to learn about the power of business entrepreneurship or self-ownership by female Latinas. It is a good inspiration for all of La Raza ~ Latinos y Latinas ~ plus, all poor people who want more self-empowerment in their personal lives, especially in their finances or lack thereof.

Plus, it is interesting that these new women-owned business are not simply extensions of ‘la casa’ ~ that is, services and products already provided in our homes, transferred out onto the open marketplace.  This takes dynamic innovation and intelligent ingenuity. We should explore all ways of helping to bring about our empowerment in the financial realm and all realms of connected reality.

We must also be realistic about the limits of entrepreneurship by social minorities under monopoly capitalism and not just promote individual success when in the long-run the collective success of us as people involves an alternative economic system: democratic socialism.
Keep up the good work and reporting. I have your Blog in My Favorites!

Community Education and the Power of the Internet are two great equalizers for us in this New Millennium!

Peter S. Lopez {aka Peta}
Sacramento, Califashttp://groups.yahoo.com/group/Humane-Rights-Agenda/  
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