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Economic Slump Disproportionately Affects Latino Immigrant Workforce
This morning, the Pew Hispanic Center, a nonpartisan research organization devoted to understanding the U.S. Hispanic population and to chronicling its growing impact on the entire nation, released "Latino Labor Report, 2008: Construction Reverses Job Growth for Latinos." The study points to a slump in the construction industry as the primary driver behind the 6.5 percent unemployment rate for U.S. Hispanics, which compares to 4.7% for all non-Hispanics -- a gap that, only a short time ago at the end of 2006, had measured 0.5 percent.

Impact of Gas Prices Reaches Wall Street
Soaring gasoline prices, which are pinching consumers' pockets, are also putting a drain on Wall Street investments, analysts said.

Many Try Telecommuting to Drive Less
With more Americans believing that high-priced fuel is here to stay, many are finding ways to mitigate the pain at the pump. And some employers are pitching in.

U.S. April Pending Home Sales Index Unexpectedly Rises
An index of future home sales rose unexpectedly in April to the highest level since October, as bargain hunters dipped into the depressed housing market, the National Association of Realtors (NAR) said today. The pending sales index is supposed to be a leading indicator for the housing market, based on contract signings that usually lead to actual sale closings in one or two months.

HispanTelligence Research
The number of Hispanic-owned businesses in the United States is expected to grow 41.8 percent in the next six years to 4.3 million, with total revenues surging 39 percent to more than $539 billion, according to new estimates by HispanTelligence. Spurred by growing entrepreneurial trends and affluence among the nation's largest minority population, the increase is expected to come at a robust rate of 8.5 and 8.7 percent, respectfully, over the next couple years.

Purchase the 2007 Hispanic Business 500 Directory
For more than two decades, the annual Hispanic Business 500 directory has served as a barometer of the U.S. Hispanic economy. A purchase of the 2007 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 375 companies and Web addresses for 430 companies; and company revenue and employees numbers for 2005 and 2006.

Hispanic-Owned Businesses Estimated to Reach at Least 2.2 Million in 2008
HispanTelligence estimates that existing trends support the projections of at least 2.2 million Hispanic-owned businesses generating close to 388.7 Billion Dollars in revenues in 2008 according to a new report released by Hispantelligence. With a compound annual growth rate of 9.1 percent over the last 5 years, Hispanic-owned businesses are increasingly impacting the overall U.S. Economy.

From the current issue of Hispanic Business magazine...
Create Your Hispanic Business Classified Ad Now!
 R. Marcelo Claure, CEO of Brightstar
For the second year in a row, R. Marcelo Claure, the chairman, CEO, and president, has taken his company, Brightstar Corp. to the top of the Hispanic Business 500 companies. He's done so with verve, vision, and the ability to penetrate new markets. Despite his globetrotting schedule, we caught up with Mr. Claure this spring for a surprisingly forthright interview. He not only shared his business philosophies, he also gave us a glimpse of his early experiences that set the course for his remarkable success. Our discussion spanned a variety of issues and topics.

HB 500 Methodology
Miss out on this year's Hispanic Business 500 -- or want to nominate another company as a candidate to our list? Or do you just want to know our methodology in selecting the list? Click through!

The Hispanic Business 500: Tough Economy Challenges Hispanic-Owned Firms
The Hispanic Business 500 have endured turbulent economic times before, but market conditions proved especially bearish for U.S. Hispanic companies in 2007. Revenues for this year's HB 500 slid backwards 0.6 percent to $36.1 billion. It is the first such dip since 2002, and only the third in the directory's 26-year history. It should come as no surprise that more than 41 percent of CEOs cited market conditions as the top barriers to growth in 2007.

Chivas Regal Reintroduces its 25-Year-Old Scotch
In 1982, Gabriel Garcia Marquez won the Nobel prize for literature, Michael Jackson won praise for "Thriller," and E.T. won hearts at the movies. And in a sunny corner of Scotland, barley and malt began a 25-year journey to Ignacio Sanchez's whiskey glass in New York City. At a shade under $300 for a 750-milliliter bottle, Chivas 25 is no average Scotch. It nestles on the shelf with other luxury whiskeys, most of which are single-malt Scotches, not blends. Find out why Chivas 25 has proven its appeal among Hispanics.

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Hispanic Business, Inc.
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