Made in America: Black-owned businesses blaze trails on our soil
SLIDESHOW - There are a million black-owned businesses in the U.S., which generate more than $100 billion in sales...
According to the most recent U.S. Census, there are a million black-owned businesses in the U.S., which generate more than $100 billion in sales. As enterprise globalizes, there is increased concern among some Americans about making sure that products made in America succeed. From start-up businesses that began a year ago to a multinational corporation that’s been around for eight decades, here is a mix of businesses who share one thing in common: they are American-based, black-owned businesses who make their products in the U.S.
Between 1997 and 2002 (the latest Census survey of businesses that is available), the number of black-owned businesses grew by 45 percent, more than four times the national rate for all businesses. As black-owned businesses and black America’s almost $1 trillion combined GDP continue to grow, we can expect to continue to see some of those businesses keeping their operations in America
