What’s the largest driver of U.S. economic growth these days? Media attention is focused mostly on high tech and the oil-shale boom, but a new study from Stanford draws attention to a largely overlooked factor: a huge surge in the number of businesses being formed by Latino entrepreneurs.
Latinos in the United States owned an estimated 3.3 million businesses in 2012, nearly triple the 1.2 million of 1997, according to Census Bureau data. By contrast, the tally for non-Latino-owned businesses has