Study Shows Black Businesses Rose 60 Percent From 2002-2007

Comments:  | Leave A Comment

black father and son smiling

Chicago– According to the U.S. Census, Black owned businesses have risen by 60% from 2002 to 2007. ABC News reports:

The number of black-owned businesses in the U.S. increased by 60.5% to 1.9 million between 2002 and 2007, more than triple the national rate according to U.S. Census data released Tuesday. The number of businesses across the country increased by 18% in the same amount of time.

Blacked-owned businesses were prominent in health care and social assistance (19% of black-owned businesses), repair and maintenance and personal and laundry services (19% of black-owned businesses), and administrative and support and waste management and remediation services (11% of black-owned businesses) industries.

Read The Whole Story

RELATED STORIES

Black Joblessness Stuck At 15 Percent While Teen Rate Rises

Detroit Area Has Strong Legacy With African American Dealers

Enhanced by Zemanta

Join the Conversation! Share on Facebook!

Tags:

Comments

blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,657 other followers