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A Big Salute To Black-Owned Businesses

AFRICANGLOBE - In 1972, the U.S. Census Bureau recorded 195,000 Black-owned firms. From 2002 to 2007, the number increased by 60.5 percent to 1.9 million, more than triple the national rate of 18.0 percent. Over the same period, receipts generated by Black-owned businesses increased 55.1 percent to $137.5 billion.

African- American Businesses Growing Three Times National Average

African-American businesses are growing at a rate three times the national average. That’s according to Michigan Black Chamber of Commerce President and CEO Ken Harris. “These...
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