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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.
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 ...
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 ...
The pandemic has been a factor in Black-owned businesses and how they are performing during this time period. A research study conducted by the Federal Reserve has found that Black-owned businesses have been hit harder in the pandemic than others because of their geography, limited reach to key federal aid programs, and weaker ties to banks ...
The first survey of minority-owned businesses covered 1969, and a parallel program began for women-owned businesses for 1977. Now titled the Survey of Business Owners, this program presents statistics according to the federal standard that allows respondents to report more than one race.
In 2021, Black- or African-American-owned businesses brought in an estimated $183.3 billion in annual receipts, according to data from the U.S. Census Bureau.
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.
Find out if you qualify for any new 2023 grants for minority-owned small businesses. ... 2022 Annual Business Survey from the U.S. Census Bureau, 1.2 million or 21 percent of employer firms are ...