State of Minority-Owned Businesses: Data Visualization

The “State of Minority-Owned Businesses” Data Visualization tool allows the public to explore the most comprehensive public data on minority-owned businesses in the United States from 2002-2012 (spanning three data sets: 2002, 2007, 2012). This web-based information platform provides filtered and searchable access to all of the data used in the “The State of Minority Business Enterprises: An Overview of the 2012 Survey of Business Owners” report. It includes both minority- and nonminority-owned businesses.

Filters
Filters:
Year - 2012; Industry (2-Digit NAICS Code) - All Sectors (0); Firm ownership - Total Minority; Metrics - Actual Value; Concept - Number of Firms; Firm types - All Firms.
State/USsort ascending Value
Wyoming 4,077
Wisconsin 40,507
West Virginia 5,777
Washington 92,807
Virginia 185,043
Vermont 2,354
Utah 24,423
Texas 1,070,390
Tennessee 105,234
South Dakota 4,101
South Carolina 83,233
Rhode Island 14,737
Pennsylvania 131,512
Oregon 41,456
Oklahoma 64,875
Ohio 122,653
North Dakota 3,190
North Carolina 183,380
New York 709,021
New Mexico 60,622
New Jersey 237,242
New Hampshire 6,111
Nevada 71,864
Nebraska 14,571
Montana 5,578
Missouri 61,035
Mississippi 74,824
Minnesota 47,302
Michigan 158,946
Massachusetts 89,967
Maryland 203,394
Maine 4,339
Louisiana 126,100
Kentucky 27,258
Kansas 26,127
Iowa 14,707
Indiana 61,252
Illinois 311,684
Idaho 10,592
Hawaii 74,208
Georgia 371,588
Florida 926,112
District of Columbia 29,983
Delaware 14,440
Connecticut 56,113
Colorado 85,849
California 1,619,860
Arkansas 35,982
Arizona 135,313
Alaska 13,688
Alabama 92,219
United States 7,952,390

Definitions

Parity Ratio

Parity ratio is defined as the ratio between the business performance for each racial group in a specific concept—such as number of firms, gross receipts, and number of paid employees—relative to their adult population share. The benefit of parity ratio is that it allows a degree of normalization for proper comparability across time and across racial groups. Under statistical parity, one would expect parity ratios to be close to 100 percent. That is, parity ratios below 100 percent provide some indication that a minority group has a less-than proportional representation in the respective business metric.

Classifiable Firms

Classifiable firms are for-profit, U.S. domestic enterprises with ownership distinguishable by race, ethnicity, gender, and veteran status, and equals the sum of all minority and nonminority firms. Firms that are not classifiable thus include public administration enterprises, publicly-held, not-for-profit, or foreign-owned firms

Firm Ownership

Firm ownership is defined by the race/ethnicity of firm owners that retain the majority control and operation of a classifiable firm as reported by the 2002, 2007, and 2012 SBO datasets. Nonminority-owned firms are residually defined as all classifiable firms excluding minority-owned firms.

North American Industry Classification System (NAICS) Code

The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS is a 2- through 6-digit hierarchical classification system, where the 2-digit NAICS Code designates the economic sector under which a firm predominantly operates.

*For further information on the data, definitions and methodology, see U.S. Department of Commerce, Minority Business Development Agency, “The State of Minority Business Enterprises: An Overview of the 2012 Survey of Business Owners,” (Washington, D.C. 2018).