Listen Live
PraiseIndy Featured Video
CLOSE

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