There were 24,685 black-owned firms in Missouri in 2007, up from 16,758 in 2002, according to data from the U.S. Census Bureau's 2007 Survey of Business Owners. This was a 47.4 percent increase in the number of black-owned firms in the state. These firms accounted for nearly $2.41 billion in sales and receipts in 2007.
In the U.S., there were 1.9 million black-owned firms in 2007, up 63 percent from 2002. Sales and receipts from black-owned firms totaled $135.7 billion in 2007. Black-owned firms made up 7.1 percent of all firms and 0.4 percent of all sales and receipts in the U.S.
States with the largest number of black-owned businesses were New York (204,004), Georgia (183,864), Florida (181,496), Texas (154,283) and California (137,891). California had the largest gross sales from black-owned firms. Missouri ranked 19th among the states in the total number of black-owned firms.
|States with the Largest Number of Black-Owned Businesses in 2007|
|Rank||Area||Black-Owned Firms||Black-Owned Receipts ($1,000)||Share of US Total|
Seven states had more than 100,000 black-owned businesses. Eighteen States had fewer than 5,000 black-owned firms in 2007.
States with the highest percentage of black-owned businesses, as a percent of all firms, were located mostly in the southern and eastern portions of the United States. The area with the largest percentage of black-owned businesses was the District of Columbia at 28.2 percent. Other states with a large percentage of black-owned businesses were Georgia (20.4%), Maryland (19.3%), Mississippi (18.0%) and Louisiana (15.9%). In Missouri, blacks owned 4.9 percent of all firms in 2007, up from 3.8 percent of all firms in 2002.
|States with the Highest Percentage of
Black-Owned Businesses in 2007
|Rank||Area||All firms||Black-Owned Firms||Black-Owned Receipts ($1,000)||Black-Owned Firms as a Percent of All Firms|
|1||District of Columbia||55,887||15,764||$2,165,348||28.2%|
Updated February 2012.