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Increase in Number of U.S. Black-Owned Businesses Between 2017 and 2019

The number of U.S. Black-owned businesses grew from 2017 to 2019 in all sectors of the U.S. economy, according to the U.S. Census Bureau’s Annual Business Survey (ABS). We reviewed business patterns among Black business owners, drawing on Census Bureau data since 2017. U.S. Census Bureau

Small Business Facts: An Overview of Immigrant Business Ownership

Immigrant owners consist of roughly 18 percent of business owners with employees and almost 23 percent of business owners without employees. Immigrant-owned businesses are found in every sector of the U.S. economy. Immigrants made up 36.8% of employer businesses in accommodation and food services. Transportation and warehousing had the largest share of immigrant nonemployer business

California Feudalism & The Middle Class

California Feudalism: The Squeeze on The Middle Class Chapman University, Center for Demographics and Policy First published October 2018 California was built by people with aspirations, many of them lacking cultural polish or elite educations, but dedicated to hard work, innovation, family, and community. A large number came from other countries or poor backgrounds: sharecroppers

Building Immigrant Financial Security

The California Reinvestment Coalition (CRC) consulted nonprofit members, partners, and allies, including financial services providers, to develop recommendations for banks on how to better support immigrant clients in the current political climate.

Economic Impact of Immigration By State

In light of recent developments in U.S. immigration policy, WalletHub compared the economic impact of foreign-born populations on the 50 states and the District of Columbia. We determined which states benefit the most — and least — from immigration using 19 key indicators. Our dataset ranges from median household income of foreign-born population to jobs generated by immigrant-owned businesses as a share of total jobs. 

Latino Business Ownership

An important contributor to economic inequality in the United States is the large and persistent racial and ethnic disparity found in business ownership and performance. Blocked opportunities for minorities to start and grow businesses create losses in economic efficiency, especially through their effects on limiting job creation, wealth accumulation, innovation, and local economic growth. This report provides several new findings on Latino business ownership and success using the latest available Census Bureau data. Latinos are separated by U.S.-born vs. immigrant status to provide insights into the constraints faced in starting and running successful businesses.

Equity Profile of Los Angeles

Equity Profiles project by PolicyLink recently produced a report for San Francisco, the Bay Area and Los Angeles County. Each profile presents demographic trends and assess how well regions are doing to ensure its diverse residents can participate in the region’s economic vitality, contribute to the readiness of the workforce, and connect to the region’s assets and opportunities.

The Immigrant Entrepreneur

The US SBA’s Office of Advocacy released “Explaining the Emergence of the Immigrant Entrepreneur.” This report found an explanation for the growth in the number of immigrant entrepreneurs. Put simply, age is related to self-employment, and immigrants are getting older. In addition, as the native-born Baby Boomers age and retire, the number of self-employed will decline.