Economic Impact of All Minority Owned Firms in 2018
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Quick Facts:
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There are 9. 70 million minority-owned firms in the U.S. Of those, 1.04 million are firms with paid employees.
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Minority-owned employer firms contribute $1.48 trillion and 9.43 million jobs per year to the U.S. economy.
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Minority-owned firms with employees average 9 workers and $1.41 million in annual receipts.
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28% of all minority-owned firms are owned by women and 59% of firms are owned by men.
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