Abstract:
As North Carolina's Hispanic population increases, so does the number of Latino-owned businesses. Most of these are one-person or family-run operations and generally cater to a Hispanic market. In 1987, the Census Bureau reported 918 Hispanic-owned businesses in the state. In 1992, the number had risen to 2,802. Currently, 40 percent of these businesses are service-oriented, 17 percent are in construction, and 13 percent are retail.