Increase in Number of U.S. Black-Owned Businesses Between 2017 and 2019

Black History Month: Census Bureau looks at nation's Black-owned businesses. Learn more in this America Counts story.

America Counts: Stories Behind the Numbers Increase in Number of U.S. Black-Owned Businesses Between 2017 and 2019 The number of U.S. Black-owned businesses grew from 2017 to 2019 in all sectors of the U.S. economy, according to the U.S. Census Bureau's Annual Business Survey (ABS). We reviewed business patterns among Black business owners, drawing on Census Bureau data since 2017. Read More In 2019, there were 134,567 Black-owned employer businesses (businesses with more than one employee) in all sectors of the U.S. economy, an 8% hike from the 124,551 Black-owned employer businesses in 2018, according to the ABS. In 2018, there were about 3,115,000 nonemployer businesses with Black owners, up 5.6% from 2,951,000 in 2017, according to the Census Bureau's 2018 Nonemployer Statistics by Demographics (NES-D). Continue reading to learn more about: Resources for Minority-Owned Businesses Minority Business Development Agency Enterprising Women of Color Initiative Help us spread the word about America Counts. Share this story on social media or forward it to a friend. Share This You May Be Interested Poverty Rates for Blacks and Hispanics Reached Historic Lows in 2019: Black and Hispanic poverty rates reached historic lows of 18.8% and 15.7% respectively in 2019 but inequalities persist. Learn More About America Counts America Counts tells the stories behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency management, health, population, income and poverty. Contact our Public Information Office for media inquiries or interviews. Don't miss an America Counts story! Subscribe here.

Stay connected with us! Join the conversation on social media.

SUBSCRIBER SERVICES: Subscriber Settings  |  Remove me from All Subscriptions  | Help

---

This is an official email from the U.S. Census Bureau. If you have any questions or comments, please contact us (http://www.census.gov/about/contact-us.html).