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.

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