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Key statistics. There are over 161,000 Black-owned businesses in the U.S., according to the Census Bureau.. Black-owned businesses employed 1.4 million employees in 2021.
In 2002, African-American-owned businesses accounted for 1.2 million of the United States' 23 million businesses. [57] As of 2011 African-American-owned businesses account for approximately 2 million US businesses. [58] Black-owned businesses experienced the largest growth in number of businesses among minorities from 2002 to 2011. [58]
To give a clearer picture of minority-owned businesses in the United States, we’re breaking down some Hispanic small business statistics. Hispanic-owned business statistics. In October 2023, the ...
Minority business enterprise (MBE) is an American designation for businesses which are at least 51% owned, operated and controlled on a daily basis by one or more (in combination) American citizens of the following ethnic minority and/or gender (e.g. woman-owned) and/or military veteran classifications: [citation needed] African American
For example, African American-owned businesses comprise 2.3% of businesses in 2022 even though African Americans are 14.2% of the American population. [1] One explanation for this discrepancy is the history and persistence of discriminatory economic practices that result in a disparity in credit scores between white Americans and minority ...
PROVIDENCE – The statement was damning: "RI Excludes Minority-Owned Businesses From State Contracting." Had this sweeping indictment by the Rhode Island Black Business Association been 100% true ...
Black-owned restaurants in the United States (2 C, 12 P) Pages in category "Black-owned companies of the United States" The following 60 pages are in this category, out of 60 total.
Being a small-business owner is always stressful, but the past couple of years have been even more challenging than usual. Many businesses closed their doors -- temporarily and, in some cases,...