Black-Owned Business By Industry

Industry
Most black-owned businesses in Missouri are concentrated in three main industry groups – health care and social assistance (20.2 percent), other services (19.3 percent) and administrative and support and waste management and remediation services (10.2 percent). Other significant sectors include professional, scientific and technical services (7.8 percent) and retail trade (7.1 percent).

In terms of total sales and receipts, however, the largest grossing industries are wholesale trade, construction and health care and social assistance. This indicates that although wholesale trade, construction have fewer firms, they have a larger impact on Missouri's economy in terms of gross sales.

Wholesale trade gained the most ground in Missouri growing by 82.6 percent adding 95 additional firms between 2002 and 2007. Finance and insurance (80.8%), administrative and support and waste mangement and remediation services (75.8%) and information (73.8%) followed.

Black-owned Businesses by Industry in Missouri 2002 to 2007
2007 NAICS Code	Description of NAICS code	All firms (number)	Receipts ($1,000)	2002 All Firms	2002 Receipts ($1,000)	% Change from 2002 to 2007 Receipts	% Change from 2002 to 2007 Firms
0	Total for all sectors	24,685	2,411,130	16,750	1,344,628	79.3%	47.4%
11	Agriculture, forestry, fishing and hunting	S	S	S	S	S	S
21	Mining, quarrying, and oil and gas extraction	2	S	S		S	S
22	Utilities	4	139	8	S	S	S
23	Construction	1,559	237,340	901	170,129	39.5%	73.0%
31-33	Manufacturing	142	39,402	S	S	S	S
42	Wholesale trade	210	818,063	115	66,263	1134.6%	82.6%
44-45	Retail trade	1,740	168,339	1,598	138,140	21.9%	8.9%
48-49	Transportation and warehousing	1,600	143,797	1,021	88,965	61.6%	56.7%
51	Information	245	16,969	141	10,297	64.8%	73.8%
52	Finance and insurance	848	36,794	469	25,768	42.8%	80.8%
53	Real estate and rental and leasing	1,470	60,276	1,026	41,885	43.9%	43.3%
54	Professional, scientific, and technical services	1,933	143,280	1,373	99,562	43.9%	40.8%
55	Management of companies and enterprises	2	S	5	S	S	S
56	Administrative and Support and Waste Mang and Remediation Srvs	2,519	163,365	1,433	83,618	95.4%	75.8%
61	Educational services	599	37,624	391	D	S	53.2%
62	Health care and social assistance	4,983	264,232	3,781	249,406	5.9%	31.8%
71	Arts, entertainment, and recreation	1,339	27,623	791	19,631	40.7%	69.3%
72	Accommodation and food services	499	139,463	397	117,976	18.2%	25.7%
81	Other services (except public administration)	4,774	106,532	3,001	91,438	16.5%	59.1%
99	Industries not classified	194	7,654	S	S	S	S
S - data suppressed to confidentiality

Black-Owned Share of Missouri Industries
While on average, 4.9 percent of all firms in Missouri are owned by Black or African Americans, black business ownership is much more prevalent in some industries. Over one in ten health care and social assistance firms in the state are owned by black business owners. Other industries with black-ownership include Industries not classfied (11.1%), other services (8.0%), administrative support and waste management services (6.7%), and arts, entertainment and recreation (6.6%).

Black-owned Share of Missouri Industries in 2007
2007 NAICS Code	Description of NAICS code	2007 Black-owned Firms	2007 Total  Number of Firms	% of Black-Owned Firms
0	Total for all sectors	24,685	501,130	4.9%
21	Mining, quarrying, and oil and gas extraction	2	563	0.4%
23	Construction	1,559	75,849	2.1%
31-33	Manufacturing	142	11,969	1.2%
42	Wholesale trade	210	12,827	1.6%
44-45	Retail trade	1,740	55,004	3.2%
48-49	Transportation and warehousing	1,600	25,698	6.2%
51	Information	245	5,720	4.3%
52	Finance and insurance	848	21,491	3.9%
53	Real estate and rental and leasing	1,470	48,426	3.0%
54	Professional, scientific, and technical services	1,933	56,002	3.5%
55	Management of companies and enterprises	2	752	0.3%
56	Administrative and Support and Waste Management and Remediation Services	2,519	37,872	6.7%
61	Educational services	599	9,190	6.5%
62	Health care and social assistance	4,983	40,539	12.3%
71	Arts, entertainment, and recreation	1,339	20,253	6.6%
72	Accommodation and food services	499	13,486	3.7%
81	Other services (except public administration)	4,774	59,804	8.0%
99	Industries not classified	194	1,741	11.1%

Source: U.S. Census Bureau, Survey of Business Owners, 2007

For more information on Black-Owned Businesses see: Missouri and US Black-Owned Businesses and Missouri Black-Owned Business By County.

Updated February 2012.