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Economic Impact of All Minority Owned Firms in 2018

  

All Minority Owned Firms

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    Quick Facts:

  • There are 9. 70 million minority-owned firms in the U.S. Of those, 1.04 million are firms with paid employees.

  • Minority-owned employer firms contribute $1.48 trillion and 9.43 million jobs per year to the U.S. economy.

  • Minority-owned firms with employees average 9 workers and $1.41 million in annual receipts. 

  • 28% of all minority-owned firms are owned by women and 59% of firms are owned by men.