U.S. Census Bureau

Black-Owned Firms

New Report:
“Revenues for Black-owned Firms Near $89 Billion, Number of Businesses Up 45 Percent.”
Data Release by the U.S. Census Bureau
April 18, 2006


BBR (Soundbites and B-Roll Feed) Rundown
(Timeline runs 8:55)

Slate 1

[U.S. Census Bureau Logo]

FOR PURPOSES OF DISCLOSURE:
All video and interview footage in this feed has been provided by the U. S. Census Bureau.

Slate 2

New Report:
Revenues for Black-Owned Firms Near $89 Billion in 2002.

The number of black-owned businesses grew 45 percent between 1997 and 2002.

Video provided by the U.S. Census Bureau

Slate 3

2002 Survey of Business Owners: Black-Owned Firms

Key Findings:

Video provided by the U.S. Census Bureau

Slate 4

2002 Survey of Business Owners: Black-Owned Firms

Key Findings (continued):

Video provided by the U.S. Census Bureau

Slate 5

Top 10 states with the largest number of black-owned firms: 2002 (Report Table B)

New York 129,324
California 112,873
Florida 102,079
Georgia 90,461
Texas 88,769
Maryland 69,410
Illinois 68,704
North Carolina 52,122
Michigan 44,366
Virginia 41,149

Slate 6

Top 10 counties with the largest numbers of black-owned firms: 2002 (Report Table D)

Cook, IL 54,758
Los Angeles, CA 52,674
Kings, NY 37,499
Prince George’s, MD 28,389
Miami – Dade, FL 28,359
Harris, TX 27,770
Bronx, NY 23,624
Wayne, MI 23,134
Broward, FL 22,065
Dekalb, GA 19,428

Slate 7

Top 10 cities with the largest number of black-owned firms: 2002 (Report Table E)

New York, NY 98,076
Chicago, IL 39,424
Los Angeles, CA 25,958
Houston, TX 21,226
Detroit, MI 19,530
Washington, DC 12,198
Memphis, TN 11,673
Philadelphia, PA 10,576
Baltimore, MD 9,764
Dallas, TX 9,482

Slate 8

Percent Increase in black-owned firms and all U.S. firms: 1997 through 20002 (Report Table F)

Video provided by the U.S. Census Bureau

Slate 9

The Survey of Business Owners (SBO) defines black-owned businesses as firms in which blacks own 51 percent or more of the stock or equity of the business.

Video provided by the U.S. Census Bureau

Slate 10

For the complete report, go to
www.census.gov
click on “Black-Owned Business”.

Slate 11

On this feed:

  1. Bill Bostic, chief, Foreign Trade Division, U.S. Census Bureau, provides detailed results of the survey.
  2. Andre’ R. Watkins, President/CEO, DigiComm Data Solutions, provides his perspective on black-owned business growth.

Video provided by U.S. Census Bureau

Slate 12

On this Feed (continued):

     3.  B-roll:

Video provided by the U.S. Census Bureau

Slate 13

On this feed (continued):

     4. Bill Bostic delivers national, state and local sound bites for…

Video provided by the U.S. Census Bureau

Slate 14

[PHOTO]

Bill Bostic
chief, Foreign Trade Division
U.S. Census Bureau

Video Bite #1 (9 sec.):
“In the way of revenue, black-owned businesses rose 25 percent, to $89 billion, in 2002.”

Video Bite #2 (14 sec.):
“From 1997 to 2002, the number of black-owned firms grew 45 percent, and that’s four times the national average of all business firms in the United States.”

Video Bite #3 (14 sec.):
“The largest number of black-owned firms operated in the health care and social assistance industries, accounting for one out of five black-owned businesses.”

Video Bite #4 (11 sec.):
“Of all kinds of businesses, it is the retail trade that generated the most revenue for black-owned businesses, accounting for almost $14 billion.”

Video provided by U.S. Census Bureau

Slate 15

[PHOTO]

Andre’ R. Watkins
President/CEO
DigiComm Data Solutions

Video Bite #5 (37 sec.):
“Some of us begin as independent consultants and watch our businesses grow to the point where we can’t just do it alone ourselves, and so I see businesses growing and springing up because of start-ups like that. But I also see new ideas and ingenuity, especially in the information technology arena, and individuals just stepping forth and trying to make their mark on the world. It’s a very dynamic market place for what we do right now, and there’s really room to bring in new ideas and fresh approaches to things.”

Video Bite #6 (9 sec.):
“I think black-owned businesses will continue booming. I think it’s good, not only for our local communities, but I think it’s good on the national level as well.”

Video Bite #7 (7 sec.):
“The opportunities are out there if you are really willing to step up and take that challenge.”

Slate 16

B-roll:

  1. Bill Bostic at work
  2. Census Bureau exteriors
  3. Andre’ R. Watkins at work

Video provided by U.S. Census Bureau

Slate 17

B-roll:

Bill Bostic at work

Video provided by the U.S. Census Bureau

Video Clip #1

Slate 18

B-roll:

Census Bureau exteriors

Video provided by the U.S. Census Bureau

Video Clip #2

Slate 19

B-roll:

Andre’ R. Watkins at work

Video provided by the U.S. Census Bureau

Video Clip #3

Slate 20

Bill Bostic delivers local sound bites for…

Video provided by the U.S. Census Bureau

Sound Bite #8 (12 sec.):
“The city of New York led all cities in black-owned business firms with 98,000. These firms accounted for $5.1 billion in revenue.”

Sound Bite #9 (14 sec.):
“In 2002, Chicago ranked second in the number of black-owned businesses, with nearly 40,000. These firms generated almost $3 billion in revenue.”

Sound Bite #10 (15 sec.):
“In 2002, the city of Los Angeles ranked third among all cities in the number of black-owned businesses, with nearly 26,000, with revenue of almost $2 billion.”

Sound Bite #11 (15 sec.):
“In 2002, Houston ranked among the top five cities in black-owned businesses, with a little over 21,000. These firms generated nearly $1.6 billion in revenue.”

Sound Bite #12 (15 sec.):
“In 2002, Washington, D.C., ranked among the top ten cities in black-owned businesses, with 12,000. These firms generated nearly $1.6 billion in revenue.”

Slate 21

For more information about this report, contact
Mike Bergman
U.S. Census Bureau, Public Information Office 301-763-3046.

For more information on receiving this footage contact, Maureen Parenta, DWJ Television,
800-766-1711, ext. 239 or mparenta@dwjtv.com

Video provided by the U.S. Census Bureau