Black-Ownership Statistics 2024 – Office of Advocacy

Written by on October 7, 2025


Advocacy has released an updated infographic showcasing Black-owned businesses. Black business owners own 3.5 million businesses and employ more than 1.2 million people. This represents an annual increase of over 7 percent in people employed by Black entrepreneurs. The infographic uses the most recent Census Bureau data to show the contributions of Black-owned businesses in the United States.



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