By Daily Press staff
It appears minorities are living the American Dream of owning their own businesses more than Americans are.
The U.S. Census Bureau will release data this week that shows minority groups are increasing business ownership at much higher rate than the national average.
The U.S. Census Bureau is holding two major events to discuss the boom in the nation's minority-and women-owned businesses. The findings are from the U.S. Census Bureau's 2002 Survey of Business Owners. The tabulations provide the latest statistics on businesses owned by Hispanics, blacks, Asians, American Indians and Alaska natives, native Hawaiians and other Pacific islanders, and women in the nation, the 50 states and the District of Columbia.
Those participating in the Los Angeles event on Thursday run the gamut of industries. The event will be held at 10 a.m. at the Los Angeles district office of the U.S. Small Business Administration, 330 N. Brand Blvd., Suite 1200 in Glendale.
Participants include James T. Christy, director, Los Angeles regional office, U.S. Census Bureau; Alberto Alvarado, district director, U.S. Small Business Administration; Melany Dela Cruz, coordinator and research analyst, National Asian Pacific American Community Development Data Center, UCLA; Jack Kyser, senior vice president and chief economist, Los Angeles County Economic Development Corp.; D.V. “Sonny” Flores, president, PEC Corp.; and Paul Ong, director, Ralph and Goldy Lewis Center for Regional Policy Studies, UCLA.
Also on Thursday, in Washington D.C. at the National Urban League Conference, participants include Marc Morial, president and CEO, National Urban League; Ronald Langston, national director, Minority Business Development Agency; Stanley Rolark, chief, Customer Liaison Office, U.S. Census Bureau.
Louis Kincannon, director of the U.S. Census Bureau, will present remarks via videotape, at both events.
Originally published in the Santa Monica Daily Press print edition on July 28, 2005. Read the original PDF.