Wednesday, November 17, 2021

Power of the Purse: The Contributions of Hispanic Texans

New research from New American Economy underscores the crucial role the Hispanic population plays in Texas’ labor force, population growth, and economy
 
In 2019, Hispanic households earned $213.8 billion in income, with $32.6 billion going to federal taxes and $18.7 billion going to state and local taxes
AUSTIN, TX – New research released today by Texans for Economic Growth, a statewide 110-member business coalition powered by New American Economy (NAE), underscores the critical role Hispanic Texans play in the Texas economy statewide, as well in the major metros of Austin, Brownsville, Dallas, and Fort Worth, El Paso, Houston, and San Antonio. 
 
The new reports were prepared in partnership with the Texas Association of Business and the Texas Association of Mexican American Chambers of Commerce (TAMACC) and released at this virtual roundtable discussion moderated by J.R. Gonzales, Executive Vice-Chair of TAMACC. Roundtable participants include Anette Landeros, President and CEO of the Fort Worth Hispanic Chamber of Commerce, Massey Villarreal, incoming Chairman of the Texas Association of Business, and Dr. Sandi Wolff, Head of Strategic Relations and Membership for the San Antonio Hispanic Chamber of Commerce.
Key findings:
 
  • Hispanic Texans in the state are contributing billions in taxes and consumer spending. In 2019, Hispanic households earned $213.8 billion in income, with $32.6 billion going to federal taxes and $18.7 billion going to state and local taxes, leaving them with $162.4 billion in spending power that can be reinvested in local communities. Robust consumer spending by Hispanic households supports small businesses and keeps local economic corridors vibrant.
  • Hispanic Texans are helping drive population growth in the state. Between 2010 and 2019, the U.S.-born Hispanic population grew by 26.7 percent, while the foreign-born Hispanic population grew by 8 percent. In 2010, 37.7 percent of the overall population in Texas were Hispanic, that number grew to 39.8 percent in 2019. 
  • Hispanic Texans play a crucial role in meeting the state’s workforce needs. In 2019, 66.7 percent of the overall Hispanic population and 66.4 percent of the foreign-born Hispanic population were active in the labor force, compared with 64.1 percent of the non-Hispanic population. 
  • Hispanic Texans hold substantial voting power. In 2019, there were nearly 5.7 million eligible Hispanic voters, including more than 960,000 naturalized citizens. Overall, the Hispanic population made up 31.1% of the electorate, including Hispanic naturalized citizens, who on their own made up 5.2%.
TAMACC | (512) 444-5727 | E-mail | Website

Monday, October 18, 2021

Celebrate the National Chamber of Commerce Week

THANK YOU
Thank You for your Support
CELEBRATE CHAMBER OF COMMERCE WEEK
Support your local, state, and national chambers of commerce - we all win!

~ Post on social media how your chamber has assisted your business and encourage others to join.
~ Volunteer this week at chamber events.
~ Participant in the governing structure as an ambassador to strengthen your leadership skills to serve on the board.
~ Not a member of your chamber of commerce, then please become a participating member. Your membership is the lifeline of the chamber, you will receive so much return on your investment by participating and being a part of the solution.
win_win_checks.jpg
On behalf of Samuel Guzman, TAMACC Chairman of the Board, Pauline E. Anton, TAMACC President, the Executive Committee, and all members across Texas - we appreciate your continued support of our chambers and leadership in your community!
The U.S. Chamber of Commerce has been in existence since 1912. President William Howard Taft first brought the concept for an organization that would represent the concerns of U.S. businesses in an address before Congress in December of 1911.

In Texas, there are more than 600 local chambers of commerce, distinguishing themselves as the Voice of Business in the state. The continued work of chambers of commerce benefits our state through economic development and community development programs. The business community, represented through the local chambers of commerce, has been a driving force in fostering enhanced educational opportunities, infrastructure improvements, leadership development, the creation of jobs, and a positive vision of the future.

The San Antonio Hispanic Chamber of Commerce is the first Hispanic Chamber in the United States, originally chartered as the Mexican Chamber of Commerce in 1929. Dallas and Corpus Christi soon followed San Antonio. 
 
The Texas Association of Mexican American Chambers of Commerce (TAMACC), founded in 1975, was originally composed of fewer than 20 courageous Hispanic small-business owners interested in realizing greater success for themselves and all Hispanic entrepreneurs. The organization gained momentum and steadily grew and developed its focus of promoting business leadership, creating economic opportunities, and providing legislative and business advocacy for the Hispanic business community in Texas.

The first annual TAMACC convention started August 6, 1976, in Irving, Texas. At the time of the convention, TAMACC had ten member chambers: Austin Mexican-American Chamber of Commerce, Dallas Mexican-American Chamber of Commerce, Galveston Comerciantes Unidos, Fort Worth Mexican-American Chamber of Commerce, Lubbock Comerciantes Organizados Mexico-Americanos, Odessa Mexican-American Chamber of Commerce, Plainview Cámara De Commercio Mexico-Americana, San Antonio Mexican Chamber of Commerce, Waco Cen-Tex Mexican-American Chamber of Commerce, and Weslaco Northside Merchants Association.

In 1978, Nelson Rodriguez, who was the incoming President of TAMACC, and other individuals from New Mexico, California, and Arizona began a steering committee to organize the United States Hispanic Chamber of Commerce.

In July 1979, during the TAMACC convention in Lubbock, Texas, the United States Hispanic Chamber of Commerce joined the members of TAMACC and had their own annual meeting and convention. They held their first election of officers. The states present were Texas, New York, Colorado, Kansas, Missouri, Florida, New Mexico, Arizona, California, and Washington D.C. Nelson Rodriguez, past President of TAMACC, was elected the first President of the United States Hispanic Chamber of Commerce. 

Today, there are about 35 Hispanic chambers of commerce in Texas and about 600 across the nation. These chambers represent the Hispanic business community as an advocate and resource to strengthen local businesses of all sizes.
TAMACC
(512) 444-5727
www.TAMACC.org

Thursday, September 30, 2021

Take the Pledge - Be a Part of the Solution

Join us in the fight against COVID and vaccine hesitancy. Take the Say Adios to COVID pledge below and become part of the solution.
Statistics show that over 200,000 Texas businesses closed last year, shuttered by the COVID lockdown. The Texas Restaurant Association says the state lost close to 10,000 eateries to the pandemic. TAMACC’s goal is to help get the state to herd immunity by having thousands of Tejano-owned businesses get a fully vaccinated workforce.

Once you have taken the pledge and filled out the form you will be contacted for confirmation and offered support to get your employees vaccinated.
LATINO BUSINESS REPORT

Episode 25 - In this episode of Latino Business Report you learn why Hispanic Heritage Month is spread over two months instead of one full month. new census data about the US Hispanic population, buying power, and historical facts they do not teach you in school.
TAMACC | (512) 444-5727 | E-mail | Website

Wednesday, September 15, 2021

National Hispanic Heritage Month

National Hispanic Heritage Month
Contributed by Samuel Guzman
TAMACC Chairman of the Board
Esperanza: Celebrating Hispanic/Latinx and Hope is the theme of the 2021 National Hispanic Heritage Month, which is observed and celebrated annually. The observance started in 1968 as Hispanic Heritage Week under President Lyndon Johnson and was expanded by President Ronald Reagan in 1988 to cover a 30 day period starting September 15 – October 15. It was enacted into law on August 17, 1988, with the passage of Public Law 100-402. 
 
National Hispanic Heritage Month gives us the opportunity to recognize and appreciate the many contributions made and the significant presence of Hispanic Americans to the United States. Hispanics have had a profound and positive influence on our country in many ways, including but not limited to, a strong commitment to family, faith, hard work, public service, and the economy. They have also advanced and shaped our national character with centuries-old, multiethnic, and multicultural traditions and customs. 
 
To provide a further and even more profound perspective regarding the value and essence of the Hispanic Heritage and the importance and purpose of Hispanic Heritage Month, the following writing by Walt Whitman, arguably one of America’s most influential writers and poets, in 1883 is ideal. In response to being invited to the 333rd-anniversary celebration of Santa Fe, New Mexico, he wrote them a letter regretfully declining the invitation. The following excerpts from the letter are as significant, appropriate, and profound today, as they were over 100 years ago. Walt Whitman wrote:

“To the composite American identity of the future, Spanish character will supply some of the most needed parts. No stock shows a grander historic retrospect – grander in religiousness and loyalty, or for patriotism, courage, decorum, gravity, and honor.”

“As to the Spanish stock of the Southwest, it is certain to me that we do not begin to appreciate the splendor and sterling value of its race element. Who knows but that element, like the course of some subterranean river, dipping invisibly for a hundred or two years, is now to emerge in broadest flow and permanent action.” 

Happy National Hispanic Heritage Month.
Feliz Mes de la Herencia Hispana.
TAMACC | (512) 444-5727 | E-mail | Website