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Statistics of the Month - May
Business: Where have Asian-Americans positioned themselves?

While they account for approximately four percent of the U.S. population, Asian-Americans make up six percent of all business owners in the United States, according to the U.S. Census Bureau.

Nearly 31 percent of NASDAQ 100 firms have at least one Asian-American director. Many are founders or top executives at young computer and software firms listed on NASDAQ, reports USA Today.

Asian-Americans owned 1.1 million businesses in 2002, up 24 percent from 1997.

About 28 percent of Asian-America-owned firms were in health care and other services, with another 14 percent each in professional services and retail trade.

Asian-American-owned firms accounted for 45 percent of businesses in Hawaii, 13 percent of firms in California and nine percent in New York.

Sources:

2005 Diversity Inc. http://www.diversityinc.com

Businesses. http://www.census.gov

Disclaimer: Although we try to use the most credible sources, we are not responsible for any incorrect findings.

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