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— The National Negro Business League Historian Juliet Walker calls 1900–1930 the "Golden age of black business." According to the National Negro Business League, the number black-owned businesses doubled from 20,000 1900 and 40,000 in 1914. There were 450 undertakers in 1900 and, rising to 1000. Drugstores rose from 250 to 695. Local retail merchants – most of them quite small – jumped ...
Black-owned businesses in the Dallas-Fort Worth area make up about 3.0% which is just over 3,000 businesses. [12] In addition to the New Great Migration, since around 2010, many African Americans have been moving to the metroplex for its affordable cost of living and job opportunities. [13] [14]
Black-owned businesses have been growing rapidly since before the onset of the pandemic. Between 2017 and 2020, the number of Black businesses grew by 13.6%, according to the Brookings Institution ...
Successful Black-owned businesses are abound in San Antonio. [14] There are an estimated 1,490 Black-owned businesses in the San Antonio metro area comprising just 2.4 percent of total businesses. [citation needed] San Antonio's Black homeownership has increased during the pandemic. [15]
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39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
The Houston Forward Times, which began publication in 1960, [67] is the largest black-owned newspaper in the city. [68] The Houston Defender and the African-American News and Issues are other well established black-owned papers. The Texas Freeman was founded in 1893 and later merged to become The Houston Informer and Texas Freeman. [55]
Today, Black-owned businesses span a range of industries, with healthcare social assistance services being the most common. In 2021, Black-owned businesses provided jobs for around 1.4 million ...