Contact: Briana Kaya
Public Information Office
The number of black-owned businesses in the Miami-Fort Lauderdale-Pompano Beach, Fla., metropolitan statistical area increased to 99,512 in 2007 from 58,559 in 2002, a 69.9 percent increase, the U.S. Census Bureau announced today. Over the same period, receipts generated by these businesses increased 61.8 percent to $4.9 billion. Nationally, the number of black-owned businesses rose to 1.9 million, a 60.5 percent increase, and sales by these businesses increased to $137.5 billion, a 55.1 percent increase.
Industries in the metro area with the largest number of black-owned businesses included health care and social assistance (21,267 businesses); repair, maintenance, personal and laundry services (20,808 businesses); and administrative and support and waste management and remediation services (12,050 businesses).
These new data come from the 2007 Survey of Business Owners, which is part of the 2007 Economic Census. This survey provides detailed information every five years for black-owned businesses, including the number of firms, sales and receipts, number of paid employees and annual payroll for states, counties, cities and metropolitan areas.