A quick survey by this newsletter shows that Hispanic business leaders in general feel they will be materially hurt by the wild gyrations on Wall Street. Hispanic Biz Digest conducted a telephone poll of 301 Hispanic business leaders who reported that: - 62% said they expected their businesses to have some fall-off in sales for the remainder of the year.
- 75% said they thought the fall-off would continue into 2009
- 82% said they believed Hispanic workers would be more affected than the population as a whole by the economic downturn.
- 91% said they had heard of layoffs involving Hispanic families this month.
- 54% blamed financial speculators for the problems.
- 62% said they felt the government had not done enough to prevent rampant speculation.
The survey was conducted over three days beginning September 15th, |