State of Minority Business Enterprises

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Author: 
Minority Business Development Agency
Year: 
2006
Month: 
August
Publisher: 
U.S. Department of Commerce
Description: 

There are 4.1 million minority-owned businesses in the United States, based in a wide variety of industries from financial services and construction to health care, transportation, and many others.  This report, State of Minority Business Enterprises: An Overview of the 2002 Survey of Business Owners, examines the contributions of minority business owners from 2002, finding that these businesses contributed $668 billion in annual sales and employed about 4.7 million people.  The report explores trends in minority business enterprises (MBEs) and provides benchmarks for further development that aims to influence the creation of policies and programs to support and encourage MBEs in the United States.

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