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2018 Texas State Fact Sheet

 

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   Quick Facts:
  • In 2018, there were over 2.9 million businesses in Texas, of which more than 1.3 Million were minority-owned firms.

  • Minority-owned firms in Texas employed over 1.2 million people in 2018.

  • Minority-owned firms represented 48.2% of all firms located in the state.

  • The number of minority owned firms in Texas increased 7.2% between 2017 and 2018.