In 2007 there were 9,752 Asian-owned firms in Missouri, up from 6,376 in 2002, according to data from the U.S. Census Bureau's 2007 Survey of Business Owners. This represented a 53.3 percent increase over the 5-year period. Asian-owned firms accounted for nearly $3.7 billion in sales during 2007.
In the U.S., there were 1.55 million Asian-owned firms in 2007, up 40.7 percent from 2002. Sales and receipts from Asian-owned firms totaled $506.0 billion in 2007. Asian-owned firms made up 5.7 percent of all firms and 1.7 percent of all sales and receipts in the U.S.
States with the largest number of Asian-owned businesses were California (508,969), New York (196,825), Texas (114,297), New Jersey (67,755), and Florida (64,931). In addition, California also had the largest gross sales from Asian-owned firms. Missouri ranked 25th among the states in the total number of Asian-owned firms.
| States With the Largest Number of Asian-Owned Firms in 2007 |
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| Rank | Area | Asian-Owned Firms | Receipts ($1,000) | Percent of US Total |
| *** | United States | 1,549,559 | $506,047,751 | **** |
| 1 | California | 508,969 | $181,251,058 | 32.85% |
| 2 | New York | 196,825 | $50,482,681 | 12.70% |
| 3 | Texas | 114,297 | $40,209,344 | 7.38% |
| 4 | New Jersey | 67,755 | $29,919,083 | 4.37% |
| 5 | Florida | 64,931 | $17,340,193 | 4.19% |
| 6 | Illinois | 59,367 | $18,485,950 | 3.83% |
| 7 | Georgia | 46,222 | $14,619,538 | 2.98% |
| 8 | Virginia | 44,576 | $13,235,580 | 2.88% |
| 9 | Hawaii | 56,872 | $18,154,362 | 3.67% |
| 10 | Washington | 37,373 | $12,340,664 | 2.41% |
| 25 | Missouri | 9,752 | $3,649,953 | 0.63% |
California, New York, Texas, New Jersey, Florida, Illinois and Hawaii have
more than 50,000 Asian-owned businesses. Twenty states had
fewer than 5,000 Asian-owned firms in 2007.
States with the highest percentage of Asian-owned businesses, as a percent of all firms, were located mostly on the east and west coasts of the United States. States with the largest percentage of Asian-owned businesses were Hawaii (47.2 percent), California (14.9 percent), New York (10.1 percent) and New Jersey (8.7 percent). In Missouri, Asians owned 1.9 percent of all firms in 2007, up from 1.7 percent of all firms in 2002.
| States with the Highest Percentage of Asian-Owned Firms in 2007 |
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| Rank | Area | All Firms | Asian Firms | Asian-Owned Firms as a Percent of All Firms | Asian Receipts ($1,000) |
| **** | United States | 27,092,908 | 1,549,559 | 5.7% | $506,047,751 |
| 1 | Hawaii | 120,374 | 56,872 | 47.2% | $18,154,362 |
| 2 | California | 3,425,510 | 508,969 | 14.9% | $181,251,058 |
| 3 | New York | 1,956,733 | 196,825 | 10.1% | $50,482,681 |
| 4 | New Jersey | 781,622 | 67,755 | 8.7% | $29,919,083 |
| 5 | Nevada | 221,260 | 17,542 | 7.9% | $3,848,621 |
| 6 | Virginia | 638,643 | 44,576 | 7.0% | $13,235,580 |
| 7 | Maryland | 528,112 | 35,881 | 6.8% | $11,320,071 |
| 8 | Washington | 551,340 | 37,373 | 6.8% | $12,340,664 |
| 9 | District of Columbia | 55,887 | 3,278 | 5.9% | $1,836,669 |
| 10 | Illinois | 1,123,817 | 59,367 | 5.3% | $18,485,950 |
| 10 | Texas | 2,164,852 | 114,297 | 5.3% | $40,209,344 |
| 32 | Missouri | 501,064 | 9,752 | 1.9% | $3,649,953 |
Source: U.S. Census Bureau, Survey of Business Owners, 2007
For more information on Asian-owned Businesses see: Asian-Owned County and Industry.
Updated February 2012.
