BUSINESS

Immigrants get the job done in Utah, new report finds

Feb 26, 2019, 4:47 PM
hispanic businesses immigrants growth...
Stock photo

SALT LAKE CITY — A new survey shows almost 69 percent of Utahns feel immigrants contribute in a positive way to the state’s economy and feel supportive about those businesses.

Standing by Red Iguana 2, owner Lucy Cardenas explained how her parents, both immigrants, started a business decades ago – and it thrived.

“My parents were very supported in the community,” Cardenas remembered.

Cardenas’ parents opened their first restaurant, called Casa Grande, in 1965 after immigrating to Salt Lake City.

“My parents were pioneers in bringing their type of cooking to the valley, and my family is very proud of that,” she said.

Cardenas now owns the Red Iguana restaurants, which are a well-established part of the North Temple neighborhood of Salt Lake City. Her second location, Red Iguana 2, turns 10 years old this year.

Alex Guzman, president and CEO of the Hispanic Chamber of Commerce, says education and increased fluency are helping second and third generation Hispanics take their businesses to the next level.

“We are in the beautiful state of Utah,” he said, “where the economy is very open and friendly for business, regardless the origin and to be quite honest, the legal status, of some.

Guzman estimates there are around 30,000 Hispanic-owned businesses in Utah, with an annual impact of $9.4 billion.

“We are creating jobs, we are creating goods and services. Our job at the Hispanic Chamber of Commerce is to help the Hispanic business community do business, not only with the Hispanic segment, but the general market,” Guzman said.

The survey from Zions Bank found 72 percent of Utahns are likely to support Hispanic-owned businesses, and 62 percent see the economic impact of those businesses as positive. Over the course of a year, 84 percent of Utahns shop at a Hispanic-owned business, the survey found.

 

Today’s Top Stories

Business

draper shooting police...
Mark Jones

Party ban becomes permanent for Airbnb

Airbnb announced this week that it is placing permanent ban on disruptive parties. In April, two people died in a shooting at an Airbnb in Draper.
3 days ago
In this undated photo released by Toyota Motor Corp., its bZ4X vehicle is shown during an online pr...
YURI KAGEYAMA AP Business Writer

Toyota recalls electric car for faulty wheel that may detach

The "bz" in the recalled model's name, as well as others in the works, stands for a "beyond zero" series, including sport-utility vehicles of all sizes, pickup trucks and sportscars, according to Toyota.
9 days ago
A model wears a creation as part of the Giorgio Armani men's Spring Summer 2023 collection presente...
COLLEEN BARRY

Gucci unveils ‘HaHaHa’ collaboration with Harry Styles

Gucci has teamed up with Harry Styles for a between-season collection that infuses tailoring with adolescent joy. The collection is titled “HaHaHa.”
13 days ago
A now hiring sign in an Arby's window.; the Utah employment summary for May showed a slight slowing...
Amie Schaeffer

May’s Utah employment report showing signs of inflation impact

The employment rate in Utah remains steady but may be showing signs of inflation's impact, according to the state's May employment summary.
16 days ago
Attic fire in Cowabunga Bay building....
Mark Jones

Cowabunga Bay Water Park set to reopen Thursday after fire last weekend

Following a building fire last weekend, Draper's Cowabunga Bay Water Park is scheduled to reopen to the public on Thursday.
18 days ago
Utah airbnb rentals rising interest rates affecting millennial home buyers...
Dan Bammes

One realtor sees “signs of hope” in Utah housing market

With home listings up and home sales down, one Utah realtor is encouraged about the future of the Utah housing market, leading to what she calls "signs of hope."
19 days ago

Sponsored Articles

Tax Harassment...
Jordan Wilcox

The best strategies for dealing with IRS tax harassment | You have options!

Learn how to deal with IRS tax harassment. This guide will teach you how to stop IRS phone calls and letters, and how to handle an IRS audit.
spend a day at Bear Lake...
Bear Lake Convention and Visitors Bureau

You’ll love spending the day at Bear Lake | How to spend a day at Bear Lake

Bear Lake is a place that needs to be experienced. Spend a day at Bear Lake.
Curb Appeal...
Price's Guaranteed Doors

How to have the best of both worlds for your house | Home security and curb appeal

Protect your home and improve its curb appeal with the latest security solutions like beautiful garage doors and increased security systems.
Prescription opioids can be disposed of during National Prescription Take Back Day...
Know Your Script

Prescription opioid misuse | How to protect your family from the opioid epidemic

Studies have shown that prescription opioid misuse has increased since COVID-19. So what do you need to know about these opioids?
national heart month...
Intermountain Healthcare

National Heart Month: 5 Lifestyle Changes to Make Today to Keep You Heart Healthy

Heart disease is the leading cause of death for both men and women. One person dies every 36 seconds in the United States from cardiovascular disease
Joseph Smith Memorial Building...
Temple Square

The Joseph Smith Memorial Building is an icon of Salt Lake City | Why hosting an event at this beautiful location will make you a hero this year

Here's why hosting an event at the iconic Joseph Smith Memorial Building in downtown Salt Lake City will make you a hero this year.
Immigrants get the job done in Utah, new report finds