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MONDAY, FEBRUARY 18: BLACK-OWNED BUSINESSESProfile America —
Monday, February 18th.
Black History Month highlights not only past achievements, but continued progress in the African-American community. There are just under 2 million black-owned businesses, representing a gain of more than 60 percent in just 5 recent years. These businesses employed more than 920,000 people — a growth of more than one-fifth in the same period. Retail trade, health care and social assistance sectors account for 27 percent of black-owned business revenue, which totals more than
$137 billion. Among cities,
New York has the most black-owned businesses, at just over 8 percent of the U.S. total, followed by
Houston, and Detroit. You can find more facts about America from the U.S. Census Bureau, online at
Sources: U.S. Census Bureau, News Release CB11-24
Profile America is produced by the Center for New Media and Promotions of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on a monthly CD or on the Internet at
http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button).
SOURCE U.S. Census Bureau