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The US Pan Asian American Chamber of Commerce (USPAACC) was
formed in 1984 as a national, non-profit organization representing
all Asian Americans and Asian American-related groups in business,
sciences, the arts, sports, education, public and community services.
USPAACC represents more than one ethnic group Our members' heritages
includes China, Hong Kong, Taiwan, Japan, the Philippines, Korea,
India, Vietnam, Cambodia, Thailand, Singapore, Malaysia, Pakistan,
Mongolia, and Indonesia.
We promote, nurture and propel economic growth by opening doors
of contract, educational and professional opportunities for Asian
Americans and their business partners in corporate American and
government agencies. We welcome all people who believe in the
power of diversity and inclusion for mutually beneficial economic
gains.
Asian American Demographics
- In 2004, there were nearly 12,097,281 Asian Americans
and 403,832 Pacific Islanders in the United
States, comprising 4.2 percent
of the total population. These figures
do not include people of multiple race heritage.
- Current projections estimate the Asian American and
Pacific Islander population will reach 34 million
by 2050 based
on birthing patterns
and immigration trends.
- By 2020, Census projections estimate that there will
be 20 million APAs in our nation. The
elimination of racially based immigration
quotas in 1965 and the subsequent waves
of immigrants and refugees from Southeast Asia and the
Pacific Islands diversified and increased
the number of APAs.
- The top six Asian American populations are Chinese,
Filipino, Japanese, Korean, Asian Indian,
and Vietnamese
- With approximately $230 billion in spending power,
Asian Americans are a powerful
force in the United States consumer
market
- In 2000, Asian and Pacific Islanders had the highest
median household income, at $51,205,
among all ethnic races in the United States
Geometric Growth
- Asian American-owned companies experienced
a growth rate of 30 percent from 1992 to 1997,
and a revenue
growth
rate of 46 percent
during the same time period
- At 913,000 firms, Asian American-owned businesses
generated a total of $306.9
billion in sales with each firm averaging
$336,200
- Asian American-owned businesses employed more
than 2.2 million workers in 2000.
- Over 50 percent
of all minority-owned businesses whose sales
exceeded one million dollars were Asian American-owned.
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