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State of Minority-Owned Businesses: Data Visualization

The “State of Minority-Owned Businesses” Data Visualization tool allows the public to explore the most comprehensive public data on minority-owned businesses in the United States from 2002-2012 (spanning three data sets: 2002, 2007, 2012). This web-based information platform provides filtered and searchable access to all of the data used in the “The State of Minority Business Enterprises: An Overview of the 2012 Survey of Business Owners” report. It includes both minority- and nonminority-owned businesses.

Filters
Filters:
Year - 2012; Industry (2-Digit NAICS Code) - All Sectors (0); Firm ownership - Total Minority; Metrics - Actual Value; Concept - Number of Firms; Firm types - All Firms.
State/US Valuesort ascending
California 1,619,860
Texas 1,070,390
Florida 926,112
New York 709,021
Georgia 371,588
Illinois 311,684
New Jersey 237,242
Maryland 203,394
Virginia 185,043
North Carolina 183,380
Michigan 158,946
Arizona 135,313
Pennsylvania 131,512
Louisiana 126,100
Ohio 122,653
Tennessee 105,234
Washington 92,807
Alabama 92,219
Massachusetts 89,967
Colorado 85,849
South Carolina 83,233
Mississippi 74,824
Hawaii 74,208
Nevada 71,864
Oklahoma 64,875
Indiana 61,252
Missouri 61,035
New Mexico 60,622
Connecticut 56,113
Minnesota 47,302
Oregon 41,456
Wisconsin 40,507
Arkansas 35,982
District of Columbia 29,983
Kentucky 27,258
Kansas 26,127
Utah 24,423
Rhode Island 14,737
Iowa 14,707
Nebraska 14,571
Delaware 14,440
Alaska 13,688
Idaho 10,592
New Hampshire 6,111
West Virginia 5,777
Montana 5,578
Maine 4,339
South Dakota 4,101
Wyoming 4,077
North Dakota 3,190
Vermont 2,354
United States 7,952,390

Definitions

Parity Ratio

Parity ratio is defined as the ratio between the business performance for each racial group in a specific concept—such as number of firms, gross receipts, and number of paid employees—relative to their adult population share. The benefit of parity ratio is that it allows a degree of normalization for proper comparability across time and across racial groups. Under statistical parity, one would expect parity ratios to be close to 100 percent. That is, parity ratios below 100 percent provide some indication that a minority group has a less-than proportional representation in the respective business metric.

Classifiable Firms

Classifiable firms are for-profit, U.S. domestic enterprises with ownership distinguishable by race, ethnicity, gender, and veteran status, and equals the sum of all minority and nonminority firms. Firms that are not classifiable thus include public administration enterprises, publicly-held, not-for-profit, or foreign-owned firms

Firm Ownership

Firm ownership is defined by the race/ethnicity of firm owners that retain the majority control and operation of a classifiable firm as reported by the 2002, 2007, and 2012 SBO datasets. Nonminority-owned firms are residually defined as all classifiable firms excluding minority-owned firms.

North American Industry Classification System (NAICS) Code

The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS is a 2- through 6-digit hierarchical classification system, where the 2-digit NAICS Code designates the economic sector under which a firm predominantly operates.

*For further information on the data, definitions and methodology, see U.S. Department of Commerce, Minority Business Development Agency, “The State of Minority Business Enterprises: An Overview of the 2012 Survey of Business Owners,” (Washington, D.C. 2018).