Black-Owned Business By Industry

Industry

Most black-owned businesses in Missouri are concentrated in three main industry groups – Other Services (28.1%), Health Care and Social Assistance (22.4%) and Administrative and Support and Waste Management and Remediation Services (9%). Other significant sectors include Professional, Scientific and Technical Services (6.1%) and Transportation and Warehousing (6.1%).

In terms of total sales and receipts, however, the largest grossing industries are Health Care and Social Assistance, Wholesale Trade and Construction. This indicates that although Wholesale Trade and Construction have fewer firms, they have a larger impact on Missouri's economy in terms of gross sales.

Other Services gained the most ground in Missouri by adding 5,437 firms and growing by 113.9% between 2007 and 2012. Health Care and Social Assistance (3,175), Administrative and Support and Waste Management and Remediation Services (753) and Transportation and Warehousing (601) followed.

Black-owned Businesses by Industry in Missouri 2007 to 2012
2012 NAICS Code Description of NAICS Code 2012 All Firms 2012 Sales Receipts ($1,000) 2007 All Firms 2007 Sales Receipts ($1,000) % Change from 2007 to 2012 Firms % Change from 2007 to 2012 Receipts Number of Firms Added 2007 to 2012
0 Total for all sectors 36,374 $2,560,265 24,685 $2,411,130 47.4% 6.2% 11,689
11 Agriculture, Forestry, Fishing and Hunting 46 S S S S S  
21 Mining, Quarrying, and Oil and Gas Extraction 4 $24 2 S 100.0% S 2
22 Utilities 15 $171 4 $139 275.0% 23.0% 11
23 Construction 1,924 $239,292 1,559 $237,340 23.4% 0.8% 365
31-33 Manufacturing 303 $214,757 142 $39,402 113.4% 445.0% 161
42 Wholesale Trade 228 $387,403 210 $818,063 8.6% -52.6% 18
44-45 Retail Trade 1,897 $85,557 1,740 $168,339 9.0% -49.2% 157
48-49 Transportation and Warehousing 2,201 $217,926 1,600 $143,797 37.6% 51.6% 601
51 Information 310 $18,725 245 $16,969 26.5% 10.3% 65
52 Finance and Insurance 592 $24,174 848 $36,794 -30.2% -34.3% -256
53 Real Estate and Rental and Leasing 1,193 $87,358 1,470 $60,276 -18.8% 44.9% -277
54 Professional, Scientific, and Technical Services 2,217 $236,577 1,933 $143,280 14.7% 65.1% 284
55 Management of companies and enterprises 3 $96,662 2 S 50.0% S 1
56 Administrative & Support & Waste Management & Remediation Services 3,272 $176,741 2,519 $163,365 29.9% 8.2% 753
61 Educational Services 865 $8,608 599 $37,624 44.4% -77.1% 266
62 Health Care and Social Assistance 8,158 $411,413 4,983 $264,232 63.7% 55.7% 3,175
71 Arts, Entertainment, and Recreation 1,883 $38,951 1,339 $27,623 40.6% 41.0% 544
72 Accommodation and Food Services 703 $141,992 499 $139,463 40.9% 1.8% 204
81 Other Services (except public administration) 10,211 $165,345 4,774 $106,532 113.9% 55.2% 5,437
99 Industries Not Classified 357 $8,035 194 $7,654 84.0% 5.0% 163
*S - Suppressed due to confidentiality


Black-Owned Share of Missouri Industries


While on average, 7.4 percent of all firms in Missouri are owned by Black or African Americans, black business ownership is much more prevalent in some industries. Almost four in ten of Industries Not Classified in the state are owned by black business owners. Other industries with black-ownership include Health Care and Social Assistance (18.7%), Other Services (15.3%), Transportation and Warehousing (9.7%), and Arts, Entertainment and Recreation (9.1%).

Black-owned Share of Missouri Industries in 2012
2012 NAICS Code Description of NAICS Code 2012 Black-Owned  Firms 2012 All Firms % of Black-Owned Firms
0 Total for all sectors 36,374 491,606 7.4%
11 Agriculture, Forestry, Fishing and Hunting 46 5,629 0.8%
21 Mining, Quarrying, and Oil and Gas Extraction 4 603 0.7%
22 Utilities 15 318 4.7%
23 Construction 1,924 64,242 3.0%
31-33 Manufacturing 303 11,768 2.6%
42 Wholesale Trade 228 12,553 1.8%
44-45 Retail Trade 1,897 50,309 3.8%
48-49 Transportation and Warehousing 2,201 22,668 9.7%
51 Information 310 5,619 5.5%
52 Finance and Insurance 592 19,830 3.0%
53 Real Estate and Rental and Leasing 1,193 47,998 2.5%
54 Professional, Scientific, and Technical Services 2,217 55,997 4.0%
55 Management of companies and enterprises 3 830 0.4%
56 Administrative & Support & Waste Management & Remediation Services 3,272 38,851 8.4%
61 Educational Services 865 10,404 8.3%
62 Health Care and Social Assistance 8,158 43,607 18.7%
71 Arts, Entertainment, and Recreation 1,883 20,767 9.1%
72 Accommodation and Food Services 703 13,988 5.0%
81 Other Services (except public administration) 10,211 66,664 15.3%
99 Industries Not Classified 357 922 38.7%

 

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

For more information on Black-Owned Businesses see: Missouri and US Black-Owned Businesses and Black-owned Businesses by County.

Updated January 2016

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