Big jump in businesses owned by Asian-Americans

The data is a bit old but still telling: A total of 1.5 million U.S. businesses were owned by people of Asian origin in 2007, up 40 percent from 2002, according to a Census Bureau report out today. Of those, more than 246,000 were in the L.A. metro area, which is the largest concentration in the country. The NY metropolitan area had 240,000 business, and the Bay Area 89,000. California had the most Asian-owned businesses in the nation, at 509,097, followed by New York (196,852) and Texas (114,336).