Business: Interesting facts and statistics about Black-owned businesses

By Courier Newsroom

Where are most Black businesses located?

(PITTSBURGH – January 10, 2020) – Black-owned businesses accounted for about 28 percent of all businesses in Washington, DC, the highest ratio in the nation. Second, was the state of Georgia, where 20 percent of businesses were Black-owned, and the state of Maryland, with about 19 percent in Illinois.

The state of New York, however, has the most Black-owned firms at 204,093 but this only accounts for 10.6 percent of the businesses in the state. Second is the state of Georgia, third is the state of Florida, and fourth is the state of Texas with the most Black-owned businesses but not necessarily the highest ratios. READ IN FULL