Blackonomics…Black business figures don’t lie

JAMES CLINGMAN
JAMES CLINGMAN

(NNPA)—Taken every five years and published in phases over two or three years, the Economic Census of Black-owned businesses has finally been released.  It contains information captured in 2012 on Black businesses and those owned by others; it also contains information on revenues and employees within those businesses.
At first take, the numbers are astounding, but a closer analytical review may cause the reader to question our economic status in this country and the progress we must make in order to reach parity and claim a proportionate share of business in America.  This article celebrates the progress we have made by starting new businesses, but it will also dissect some of those data and offer a few solutions to the problems they present.

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