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Economic Impact of African American-Owned Firms in 2017

African American Firms

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Quick Facts:
  • There are 124,004 African
    American-owned employer firms
    in the U.S.
  • African American-owned employer
    firms contribute $128 billion
    in U.S. economic output and
    1.2 million jobs per year.
  • African American-owned employer
    firms average 10 workers and
    $1.03 million in annual receipts.
  • African American-owned employer
    firms are most concentrated in
    California, Florida, Illinois,
    New Jersey, New York, and Texas.