Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

A Sharp Pickup In Black Entrepreneurship


Economic Trends

A SHARP PICKUP IN BLACK ENTREPRENEURSHIP

Black-owned businesses multiplied far faster in the 1980s than businesses in general. The Commerce Dept. reports that such businesses rose by 38%, from 308,000 in 1982 to 424,000 in 1987, while all U. S. businesses rose just 14%. Total black business revenues, on the other hand, just managed to keep pace with the 106% increase in all U. S. business receipts. Commerce estimates that blacks owned about 3% of the nation's companies in 1987 and garnered 1% of U. S. business revenues.GENE KORETZ


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus