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car sales down
First gas prices, now the credit crunch. At car dealerships, many salespeople are loath to speak about bad news for fear of self-fulfilling prophecy. Car sales are so bad nationwide that a Standard & Poor's analyst predicted that the big three -- General Motors, Ford and Chrysler -- might not survive the economic downturn.

Treasury Secretary Henry Paulson said Wednesday he expects the economy to improve eventually because of the updated financial bailout package, but there will be a "bump in the road" along the way.

The U.S. Hispanic Chamber of Commerce today strongly denied having endorsed the McCain-Palin ticket. On Wednesday of last week, the presidential campaign of Sen. John McCain declared that the Chamber had issued an endorsement. David C. Lizarraga, chair of the Chamber's board of directors, has called on the McCain campaign to issue a public retraction.

The outlook for Amtrak, the nation's embattled passenger rail system, is brighter than it has been in years. This week, President Bush plans to sign recently passed legislation that will more than double Amtrak spending. The new financial support is intended to help Amtrak improve service and attract travelers fed up with expensive gasoline and hassles at the airport.

HispanTelligence Research
Hispanic Economy in Transition Cover Art
Hispanics are now the largest ethnic minority in the United States and during the past decade, U.S. Hispanic purchasing power has rapidly increased. This report takes an in depth look at how today's Hispanic Economy is transitioning into an economic power in the U.S. Click here for the executive summary and table of contents!

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.

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.

From the current issue of Hispanic Business magazine...
Sen. Obama leads in the polls, but Sen. McCain may need only 35 percent of the Hispanic vote to gain the White House. Both sides say that winning the Hispanic vote is critical.

Although U.S. Hispanics are well represented in many state houses throughout the country, especially in California, Texas, and Florida, there is still underrepresentation in many national political categories. This year there are more than 36 Hispanics running for House seats, including 27 incumbents and only one Hispanic senatorial candidate. California leads the way with 13 candidates for the House and is followed closely by Texas with eight House candidates and Democratic senatorial candidate Rick Noriega.

Presenting Hispanic Business Magazine's 100 Influentials for 2008, including the special spotlight on the 40 influentials from Los Angeles.

Welcome to our list of the best and the brightest. They are changing the nation in all sectors, including business, politics, education, and entertainment. This year the focus is on Los Angeles as it moves to the center of U.S. Hispanic influence.

Upcoming Events
Thursday, November 6, 2008 - LOS ANGELES, CALIFORNIA
DAYTIME CONFERENCE & EVENING GALA
The 2008 Hispanic Business magazine EOY Awards will be held this year at the luxurious Millennium Biltmore Hotel in Los Angeles. We will once again recognize and honor Hispanic entrepreneurs who have demonstrated uncommon drive, innovative courage, prosperity and civic responsibility. Call 805-964-4554 x 308 for more information or register online HERE


Thursday, Dec. 4, 2008 - HOUSTON, TEXAS -- Please Note Date Change
8:00AM - 10:00AM - NETWORKING BREAKFAST
A collaborative effort to bring together an elite handful of influential Hispanic business leaders, Hispanic Business Media has partnered with Aflac Insurance to present these exclusive opportunities to interact with top executives, leaders and thinkers. This is a unique chance to take a look behind the curtain, witness how these forward-thinking individuals operate and see how they have become a progressive force within the Hispanic business community. Call 305-852-3255 for more information or register online HERE







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