MBDA Celebrates Hispanic Heritage Month 2018

Sep142018

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The U.S. Department of Commerce, Minority Business Development Agency is proud to celebrate the history, culture, and contributions of Hispanic and Latino Americans as part of National Hispanic Heritage Month September 15 - October 15. This year’s theme is “Hispanics: One Endless Voice to Enhance our Traditions”.

In September 1968, Congress authorized President Lyndon B. Johnson to proclaim National Hispanic Heritage Week, observed during the week that included Sept. 15 and Sept. 16. In 1989, Congress expanded the observance to a month long celebration (Sept. 15-Oct. 15) of the culture and traditions of those who trace their roots to Spain, Mexico and the Spanish-speaking nations of Central America, South America, and the Caribbean.

Sept. 15 is the starting point for the celebration because it is the anniversary of the independence of five Latin American countries: Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. In addition, Mexico and Chile celebrate their independence days on Sept. 16 and Sept. 18, respectively.

Did You Know?

3.3 million

Estimated number of Hispanic-owned firms nationally in 2012, up from 2.3 million or 46.3 percent from 2007.

312,738

The estimated number of Hispanic-owned employer firms nationally in 2015, up from 298,563 or 4.7 percent from 2014.  

$61.2 billion

The estimated sales/receipts reported by Hispanic employer firms owned by women in 2015. Male-owned Hispanic employer firms reported sales of $264.2 billion. 

58.9 million

The Hispanic population of the United States as of July 1, 2017, making people of Hispanic origin the nation’s largest ethnic or racial minority. Hispanics constituted 18.1 percent of the nation’s total population.

10

The number of states with a population of 1 million or more Hispanic residents in 2017 — Arizona, California, Colorado, Florida, Georgia, Illinois, New Jersey, New Mexico, New York, and Texas.

Source: 2012 Survey of Business Owners-Hispanic Owned Firms: 2012  and 2015 Annual Survey of Entrepreneurs  Vintage 2017 Population Estimates

Additional Information

Hispanic-Owned Employer Firms Top Five States

Hispanic-Owned Businesses in the U.S.

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Last updated: 09/14/2018 - 9:30am