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2018 California State Fact Sheet


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   Quick Facts:
  • In 2018, there were over 4 million businesses in California, of which more than 1.8 million were minority-owned firms.

  • Minority-owned firms in California employed over 2.2 million people in 2018.

  • Minority-owned firms represented 46.7% of all firms located in the state.

  • The number of minorityowned firms in California increased 3.3% between 2017 and 2018.