For every new business opened in the U.S., how many are Latinx-owned?

Answer: About 1 in 3 (36%)

Questions:

• What do you think are the pros and cons of starting and running your own business?
• Hypothesize: What is one long-term economic impact of high rates of Hispanic and Latinx business ownership?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.

Behind the numbers (Forbes):

"As of 2023, Latino entrepreneurs have established a staggering five million businesses across the United States, collectively generating over $800 billion in annual revenue. CultureBanx reported that these businesses not only represent nearly one-fifth of the U.S. population but also contribute significantly to the world's fifth-largest GDP."

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Celebrate Hispanic Heritage Month with us, check out these events and resources!

About the Author

Kathryn Dawson

Kathryn (she/her) is excited to join the NGPF team after 9 years of experience in education as a mentor, tutor, and special education teacher. She is a graduate of Cornell University with a degree in policy analysis and management and has a master's degree in education from Brooklyn College. Kathryn is looking forward to bringing her passion for accessibility and educational justice into curriculum design at NGPF. During her free time, Kathryn loves embarking on cooking projects, walking around her Seattle neighborhood with her dog, or lounging in a hammock with a book.

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