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Economy
U.S. real gross domestic product (GDP) is expected to grow faster than previously estimated as demand from consumers, businesses and other countries picks up, according to a survey released Monday by U.S. National Association for Business Economics (NABE).

Two of the nation's leading economists expressed optimism Monday about auto sales and Michigan's economy, but warned that it will take several years before the country returns to full employment.

Federal Reserve Chairman Ben Bernanke on Tuesday said he saw signs of hope in the sluggish U.S. jobs market and said he was so far unworried that rising oil and commodity prices could fuel a sustained rise in inflation.

The Top 15 Virginia companies in the 2010 Hispanic Business 500 Ranking produced revenues of $862.96 million and employed 6,129 people in 2009.

The Top 15 New York companies in the 2010 Hispanic Business 500 Ranking produced revenues of $323.12 million and employed 5,032 people in 2009.

HispanTelligence Research
HB500
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 2010 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 291 companies and Web addresses for 469 companies; and company revenue and employees numbers for 2008 and 2009.

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.

Download a FREE report
Recursos Para Negocios
U.S. Hispanic purchasing power is projected to reach as much as $1.3 trillion by 2015. Download a free copy of the Hispanic Purchasing Power: Projections to 2015 at Hispanic Business Recursos Para Negocios site brought to you by Aflac.

From the current issue of HispanicBusiness magazine...
Leaning forward on the edge of a couch in a suite at one of Washington's premier hotels, Luis Manuel Ramirez, CEO of GE's Industrial Solutions division, emits energy like one of GE's new WATT electric vehicle chargers.

Mr. Casellas says the "people" part of the sustainability equation is a key ingredient because if you establish a work force that is a reflection of your community, you gain a competitive advantage and everyone benefits. The corporation gets a work force that is in tune with the buying public and with local vendors and suppliers. The community gets assistance with employment-related issues like education and poverty.

Consider it's the year 2025. What will be in store for the United States? Alternativefuel automobiles gracing the highways? New electronic devices that make work easier and leisure time more relaxing? At least 50,000 Hispanics elected to political office nationwide?

Market dynamics have been swinging wide, going from recession to recovery since 2007. One afternoon in October of that year, Citigroup Inc.'s CEO received news from his CFO that ultimately wrecked careers and upended markets. Days earlier Merrill Lynch & Co. had faced its own inner demons.

"We live where you live." It is a simple enough statement for an insurance agent to make, but in La Joya, Texas, where Ruben Solis is based, it means much more than being in close proximity to his customer.





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