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Businesses owned by african americans sell 136 billion in products. latino learns more than 350. why so high? business ownership is often a response to challenges they face. the children don t face the same barriers. reporter: that first part that s the money minorities generate through the businesses they own. a second part is the money they spend as consumers. when you pile that part on top of the first the totals show each group boosts the economy almost equally. ringing up 1.2 to $1.7 trillion each. there s also the employees hired by minority businesses. almost 1 million by african american businesses. 1.9 by la tina americans and that is now showing that not only is america browning but ....
in terms of economic contribution to the united states it is very high at over $500 billion. it is also very high in terms of consumer spend, and that s what you re looking for. there s also this the employees hired by minority businesses. almost 1 million by african-american businesses. 1.9 million by latino americans, 3 million at asian american businesses on the payroll. that s now showing that not only is america browning but it is showing these individuals are starting and growing firms to the point they can hire individuals. we think that s a good thing. the impact of minority businesses could spike more. immigrants start businesses twice as often as native born citizens adding another wrinkle how to discuss immigration. jose the president s executive action that represents 5 million ....