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Arizona nonprofits, business groups help Latino-owned firms hit hard by pandemic

Latino-owned businesses were hit especially hard during the COVID-19 pandemic but received less federal relief than other firm - to help close that gap, nonprofits have stepped in during the pandemic to help when government programs did not.... Read more»

Arizona Datos report predicts a boom in Hispanic homebuying over next two decades

This year’s annual report “Datos: The State of Arizona’s Hispanic Market,” focused on Latinos and housing, predicting that 70% of new homeowners nationwide will be Latino through 2040. Nationally, Hispanic buying power was $1.9 trillion in 2020, up 87% from 2010.... Read more»

Number of Latino business owners on rise in Arizona

The number of Latino-owned businesses in Arizona doubled from 2007 to 2015, according to recent data released by the Arizona Hispanic Chamber of Commerce. And the group has more purchasing power than ever.... Read more»

As NAFTA staggers, Arizona pushes to maintain trade relationship with Mexico

As the future of NAFTA remains uncertain on a national level and negotiations don’t seem to be moving forward, Gov. Ducey’s administration is still pushing to continue the relationship with Mexico, Arizona’s main international trade partner.... Read more»1

Az business leaders say DACA repeal could have millions in economic impact

The Cato Institute predicted the repeal of DACA and the expense of immediate deportation would cost the federal government more than $60 billion, and the resulting loss of economic growth in the next decade will amount to $280 billion.... Read more»

Advocates criticize Latino vendors for bids on ‘shameful’ border wall

Some Hispanic-owned companies on the list of “interested vendors” for the construction of a U.S.-Mexico border wall say they are facing a backlash from Latino advocates who call the project “shameful” and “wrong."... Read more»

Latino entrepreneurs say immigrant experience helped their startups succeed

Under yellow tea lights in the backyard of a house-turned-office space in north Phoenix, Latino startup owners discussed a major parallel between being an immigrant and an entrepreneur: taking a risk for a better future.... Read more»

Arizona Hispanics expected to spend $42.5 billion in state this year

The 2.1 million Hispanics in Arizona prefer to shop at Walmart and love fresh food, smartphones, going out to dinner and owning their own businesses. Their favorite mall in Tucson is Tucson Mall. And their overall spending is expected to add up to an estimated $42.5 billion this year in Arizona and to grow at about $2.2 billion a year.... Read more»

After being hit hard by recession, Latinos see sharp income, employment rise

Hispanic Americans enjoyed the fastest growth in household incomes and the largest decline in the poverty rate of any major racial or ethnic group in 2015, the White House said Wednesday.... Read more»

Tucson biz leaders blast Goldwater suit over World View

The heads of local business groups are calling on a rightwing lobbying group, the Goldwater Institute, to drop a lawsuit against Pima County over support for World View, the high-altitude technology company. That includes the leaders of the Metro Chamber, Sun Corridor, SALC and Arizona Hispanic Chamber of Commerce.... Read more»

Campaign aims to boost faltering Hispanic household wealth

The National Association of Hispanic Real Estate Professionals, planning to mount a multiyear campaign to improve income and household wealth among Hispanic families, pointed to Arizona on Monday as a potential leader in that effort.... Read more»

Survey: Women business owners in Az see hiring, growth

Almost half of female business owners in Arizona look to hire and expand their companies in the next five years, a new survey shows. The optimistic report comes as new national figures showed the jobless rate fell to 7.7 percent in February, the lowest in four years.... Read more»

Local First effort expands to Spanish-speaking community

Local First Arizona is trying to reach Spanish speakers through Fuerza Local — Spanish for Local Force — in an effort to attract more shoppers from the Latino community to buy locally.... Read more»2