economic power

Hispanics Power Economic Engine for North Texas
— reported by Hispanic Business

Rapid growth in the number of new Hispanic-owned businesses has become the economic engine of North Texas, especially in the Fort Worth area, community leaders say.

Rosa Navejar, the president of the Fort Worth Hispanic Chamber of Commerce, or FWHCC, says that a clear reflection of this growth can be seen in the number of new members who have joined the chamber recently.

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A few days ago, the FWHCC began offering a free eight-week course for people interested in starting their own businesses, and Navejar said that “the demand was unbelievable and we had to put a limit on the number of participants because we couldn’t handle all of them.”

Census data released a couple of weeks ago show that during 2003-2004, Fort Worth grew by 17,872 persons. Although the data don’t show how many of those people were Hispanics, given that an estimated 30 percent of the city’s total population of some 603,000 are of Latino origin, many among the increase no doubt were members of that group.

Read the article for the full story.

Author: Paloma Cruz

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