HispanicBusiness

INDUSTRY 2005 PER
EMPLOYEE 2004 PER
EMPLOYEE REVENUE
CHANGE
2004-2005 Automotive $923,154 $939,338 -1.7% Construction $444,257 $343,915 29.2% 2003 $19.67 74.8% 14.5% Finance $288,570 $245,812 17.4% Manufacturing $244,308 $215,361 13.4% Retail $114,782 $113,000 1.6% Service $111,759 $133,758 -16.0% Transportation $240,594 $53,529 349.5% Wholesale $1,140,553 $852,633 33.8% Source: HispanTelligence



REGIONAL HOT SPOTS
Geographically, Florida emerges as the clear leader in developing large Hispanic companies. Florida posts 121 companies on the list this year. Second-place California, the perennial top state until last year, hosted 105 companies. Texas ranked third with 71 companies and New Mexico fourth with 25 (see table, "Top 10 States by Number of Companies").

Virginia moves into fifth place with 20 companies, up from 17 last year. The growth comes from companies involved in government contracting. New Virginia companies on the list report $182.4 million in revenues from federal contracts in 2005.

But Florida beats all challengers inthe revenue category. Florida accounts for $14 billion in revenues, compared to California with $5 billion and third-place Texas with $4.1 billion. Average revenues for a Florida company total $116.1 million, again thanks to a few large companies: nine of the largest 20 companies on the directory come from the Sunshine State.