"Let's Talk Business" | The More You Know

Check out these current, pertinent facts about real-life business culture within your community - from small businesses facts, demographics, trends, to major corporations.

2020 Business Survey Data on Minority and Women-Owned Businesses

  • 1.1 Million Employer Firms are owned by women
  • 1 Million Employer Firms are owned by minorities
  • 5.6% (322,076) of all U.S. businesses are Hispanic-owned
  • 6.1% (351,237) of all U.S. businesses are Veteran-owned
  • There were 555,638 Asian-owned businesses, with 23.9% (132,698) in the accommodation and food services sector.
  • Asian-owned firms had the largest receipts ($814.8 billion) among minority groups.
  • Black or African Americans owned 124,004 firms in 2017 with 32.0% (39,714) of these firms in the healthcare and social services industry.