Minority-Owned Business on the Rise

Posted by Terrence Isert on July 26, 2017

The 2017 annual U.S. Census of Survey of Entrepreneurs shows an increase in minority-owned businesses. Both payrolls and employment of minority-owned employers grew by nearly 5% over the period of 2014 to 2015. Women-owned firms grew annually be 3.0% over the same period. Not surprisingly, the highly-populated Mid-Atlantic/New England metropolitan areas and California accounted for a large share of the growth. Read more here.