by Spencer Schacht | KOB

A new study ranks New Mexico as the most Hispanic-dependent economy in the U.S. It found the Land of Enchantment has the most Latino-owned businesses nationwide.

The study published by Creditos En USA found that in New Mexico one of every five small businesses or mom-and-pop shops are owned by Hispanic entrepreneurs. They have created 208,514 jobs in the state.

The study also found that Latina women are 4% more entrepreneurial than other demographics.

“My other business is accurate process serving & notary so I deliver legal documents and a mobile notary service,” said Julia Pluemer, a Hispanic business owner.

Pluemer says she is encouraged by this study not only for the future of her own businesses but for the future of her daughters.

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