Mentor2prosper's Blog

 $88.6 billion
Revenues for black-owned businesses in 2002. The number of black-owned businesses totaled nearly 1.2 million in 2002. Black-owned firms accounted for 5 percent of all nonfarm businesses in the United States.

129,329
The number of black-owned firms in New York in 2002, which led all states. New York City alone had 98,080 such firms, which led all cities.

10,716
The number of black-owned firms operating in 2002 with receipts of $1 million or more. These firms accounted for 1 percent of the total number of black-owned firms in 2002 and 55 percent of their total receipts, or $49 billion.

969
The number of black-owned firms with 100 or more employees in 2002. Firms of this size accounted for 24 percent of the total revenue for black-owned employer firms in 2002, or $16 billion.
Source: Black-Owned Firms: 2002 .Click here