The below table shows a complete breakdown of employer businesses owned by minorities.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

According to a report conducted in 2020, African Americans made up ten percent of the boards of the top 200 media companies in the United States that year. Hispanic or Latino and Asian Americans also had limited representation on the boards of major media companies, with 81 percent of the total accounted by for non-minority groups.

Release Date: 2022-11-10.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY22-308)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2021 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2021 ABS collection year produces statistics for the 2020 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown for the number of years the firm has been in operation:.Years in Business:. Firms with less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 years in business. Firms with 16 or more years in business. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2020 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statistical Areas...Data are also shown for the 3- and 4-digit NAICS code for:..United States...For more information about NAICS, see NAICS Codes & Understanding Industry Class...

Release Date: 2021-10-28.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY21-289)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2020 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2020 ABS collection year produces statistics for the 2019 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.This is one of four tables in the ABS series to provide select economic and demographic characteristics of businesses (CB) for U.S. employer firms that reported the sex, ethnicity, race, and veteran status for up to four persons owning the largest percentage(s) of the business. The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Firms are asked to report their employees as of the March 12 pay period...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Percent of employer firms (%). Sales and receipts of employer firms (reported in $1,000s of dollars). Percent of sales and receipts of employer firms (%). Number of employees (during the March 12 pay period). Percent of employees (%). Annual payroll (reported in $1,000s of dollars). Percent of annual payroll (%)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Data are further aggregated by the number of years the firm has been in business for:.Firms with less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 years in business. Firms with 16 or more years in business...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2019 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Business Characteristics:.The ABS was designed to include select questions about business characteristics from multiple reference...

One of the cool things about most small business owners is that they come from all different demographics and backgrounds.

Release Date: 2022-11-10.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY22-308)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2021 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2021 ABS collection year produces statistics for the 2020 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown for the urban or rural classification of the firm:.Urban and rural classification of firms:. Urban. Rural. Not classified. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2020 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable.". Firms are classified as urban or rural based on the population of the Census block of its physical location or mailing address. Firms without an assigned Census block are designated as "Not classified". Firms with a physical location or mailing address on a Census block with at least 2,500 inhabitants are classified as "Urban". All other firms are classified as "Rural"....Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statist...

Despite comprising of a smaller share of the U.S. population than African Americans or Hispanics, the most represented non-white U.S. CEOs were of an Asian background. They made up 55 percent of CEO positions at Fortune 500 and S&P 500 companies in 2024. By comparison, 11 percent of CEOs at the time were African American. The rise of environmental, social, and corporate governance (ESG) Investments in ESG have risen dramatically over last few years. In November 2023 there were approximately 480 billion U.S. dollars in ESG ETF assets worldwide, compared to 16 billion U.S. dollars in 2015. ESG measures were put in place to encourage companies to act responsibly, with the leading reason for ESG investing stated to be brand and reputation according to managers and asset owners. Gender diversity With the general acceptance of ESG in larger companies, there has still been a significant employment gap of women working in senior positions. For example, the share of women working as a partner or principal at EY, one of the largest accounting firms in the world, was just only 28 percent in 2023.

27% of the entire small business workforce had to be laid off or furloughed in 2020 due to the COVID-19 pandemic.

The following small business statistics broken down by industry to help you understand the small business landscape better.

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

Release Date: 2024-02-08.The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (2020 NES-D Project No. 7504866, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0051)...Key Table Information:.Includes U.S. firms with no paid employment or payroll, annual receipts of $1,000 or more ($1 or more in the construction industries) and filing Internal Revenue Service (IRS) tax forms for sole proprietorships (Form 1040, Schedule C), partnerships (Form 1065), or corporations (the Form 1120 series)...Data Items and Other Identifying Records:.Data include estimates on:.Number of nonemployer firms (firms without paid employees). Sales and receipts of nonemployer firms (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female (50% / 50%). . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic (50% / 50%). Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority (50% / 50%). Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran (50% / 50%). Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown by the following legal form of organization (LFO) categories:. S-Corporations. C-Corporations. Individual proprietorships. Partnerships...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for firms owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subtotal because a Hispanic firm may be of any race; because a firm could be tabulated in more than one racial group; or because the number of nonemployer firm's data are rounded.. For C-corporations, there is no tax form or business registry that clearly and unequivocally identifies all owners of this type of business. For this reason, the Census Bureau is unable to assign demographic characteristics for C-corporations. Data for C-corporations are included in the published tables but are not shown by the demographic characteristics of the firms....Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statistical Areas...Data are also shown for the 3- and 4-digit NAICS code for:..United States...Data are excluded for the following NAICS industries:.Crop and Animal Production (NAICS 111 and 112). Rail Transportation (NAICS 482). Postal Service (NAICS 491). Monetary Authorities-Central Bank (NAICS 521). Funds, Trusts, and Other Financial Vehicles (NAICS 525). Management of Companies and Enterprises (NAICS 55). Private Households (NAICS 814). Public Administration (NAICS 92). Industries Not Classified (NAICS 99)...For more information about NAICS, see NAICS Codes & Understanding Industry Classification Systems. For information about geographies used by economic programs at the Census Bureau, see Economic Census: Economic Geographies...FTP Download:.Download the entire table at: https://www2.census.gov/programs-surveys/abs/data/2020/AB2000NESD03.zip...API Information:.Nonemployer Demographic Statistics data are housed in the Census Bureau API. For more information, see https://api.census.gov/data/2020/absnesd.html...Symbols:. D - Withheld to avoid disclosing data for individual companies; data are included in higher level totals. S - Estimate does not meet publication standards because of high sampling variability, poor response quality, or other concerns about the estimate quality. Unpublished estimates derived from this table by subtraction are subject to these same limitations and should not be attributed to the U.S. Census Bureau. For a description of publication standards and the total quantity response rate, see link to program methodology page.. N - Not available or not comparable. X - Not applicable..The following symbols are used to identify the...

During a March 2023 survey among consumers in the United States, 25 percent of respondents said all brands and companies should celebrate Juneteenth in their marketing or advertising. This sentiment was expressed by more than four out of 10 respondents identifying as Black. Observed on the 19th of June, Juneteenth celebrates the emancipation of enslaved individuals. Its roots trace back to 1865, when enslaved people in Texas, the last Confederate state during the Civil War, received news about the Emancipation Proclamation. Juneteenth gained national recognition during the George Floyd protests in 2020, prompting its designation as a federal holiday in 2021.

Brands should avoid opportunism, put cultural sensitivity first
With more than 70 percent of Black adults thinking brands are at least somewhat responsible for promoting diversity and inclusion, brands are tasked with approaching Juneteenth in a respectful way, while steering clear from exploitative practices that are considered self-serving or insensitive. In May 2022, Walmart apologized for selling Juneteenth-themed ice cream under its Great Value label. Dollar Tree also faced criticism when it shared a post on social media about a Juneteenth product line that featured plates and cups in Pan-African colors accompanied by the words “Celebrate Freedom.” Suggested best practices for companies around Juneteenth include promoting Black-owned businesses, promoting equality and equity, and creating systems to support Black employees.

Release Date: 2020-05-19.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY20-008)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2018 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2018 ABS collection year produces statistics for the 2017 reference year. The "Year" column in the table is the reference year. The ABS has a larger sample size during the benchmark year of 2017. Due to the larger size, more detailed data are shown for reference year 2017...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.This is one of four tables in the ABS series to provide select economic and demographic characteristics of businesses (CB) for U.S. employer firms that reported the sex, ethnicity, race, and veteran status for up to four persons owning the largest percentage(s) of the business. Includes U.S. firms with paid employees, operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Firms are asked to report their employees as of the March 12 pay period...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Percent of employer firms (%). Sales and receipts of employer firms (reported in $1,000s of dollars). Percent of sales and receipts of employer firms (%). Number of employees (during the March 12 pay period). Percent of employees (%). Annual payroll (reported in $1,000s of dollars). Percent of annual payroll (%)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Mexican-owned," "Puerto Rican-owned," "Cuban-owned" or "other Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2017 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Business Characteristics:.The ABS was designed to include select questions about business characteristics from multiple reference periods and to incorporate new content each survey year based on topics of relevance...Respondent firms include all firms that responded to the charac...

Release Date: 2020-05-19.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY20-008)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2018 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2018 ABS collection year produces statistics for the 2017 reference year. The "Year" column in the table is the reference year. The ABS has a larger sample size during the benchmark year of 2017. Due to the larger size, more detailed data are shown for reference year 2017...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.Includes U.S. firms with paid employees, operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Moreover, the 2017 reference year statistics include detailed race and ethnicity data tabulated for:.Hispanic subgroups. Mexican, Mexican American, Chicano. Puerto Rican. Cuban. Other Hispanic, Latino, or Spanish. . Asian subgroups. Asian Indian. Chinese. Filipino. Japanese. Korean. Vietnamese. Other Asian. . Native Hawaiian and Other Pacific Islander subgroups. Native Hawaiian. Guamanian or Chamorro. Samoan. Other Pacific Islander. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Mexican-owned," "Puerto Rican-owned," "Cuban-owned" or "other Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2017 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geogr...

South Africa was home to the highest number of millionaires in Africa as of 2023. The country had 37,400 high net worth individuals (HNWIs), corresponding to roughly one-third of the total number of millionaires on the continent. Second, in rank, Egypt counted 15,600 HNWIs. According to the source, approximately 135,000 HNWIs lived in Africa, each with one million U.S. dollars or more net assets, excluding government funds. The wealth value refers to assets such as cash, properties, and business interests held by individuals living in a country with fewer liabilities. The rich in Africa Compared to 2020, the number of African millionaires increased by nearly nine percent. This means that 11,000 people joined the group of individuals with minimum net assets of one million U.S. dollars. The number of centi- and multimillionaires has increased as well. In 2022, the Nigerian Aliko Dangote held the title of the wealthiest person in Africa. Founder and chairman of Dangote Cement, the largest cement producer in the whole African continent, the billionaire also owns salt and sugar manufacturing companies. His net worth is estimated at nearly 15 billion U.S. dollars. Trillions of U.S. dollars in riches Total private wealth in Africa amounted to 2.1 trillion U.S. dollars in 2021, a slight increase from 2020. That year, the coronavirus (COVID-19) pandemic had led to job losses, drops in salaries, and the closure of many local businesses. Compared to other African countries, South Africa concentrated the largest private wealth. Egypt, Nigeria, Morocco, and Kenya completed the leading wealth markets. The five nations accounted for over 50 percent of Africa’s total wealth in 2021.

Release Date: 2024-02-08.The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (2020 NES-D Project No. 7504866, Disclosure Review Board (DRB) approval number: CBDRB-FY24-0051; 2021 ABS approval number: CBDRB-FY23-0479)...Key Table Information:.Data in this table combines estimates from the Annual Business Survey (employer firms) and the Nonemployer Statistics by Demographics (nonemployer firms)...Includes U.S. firms with no paid employment or payroll, annual receipts of $1,000 or more ($1 or more in the construction industries) and filing Internal Revenue Service (IRS) tax forms for sole proprietorships (Form 1040, Schedule C), partnerships (Form 1065), or corporations (the Form 1120 series)...Includes U.S. employer firms estimates of business ownership by sex, ethnicity, race, and veteran status from the 2021 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: For employer data only, the collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2021 ABS collection year produces statistics for the 2020 reference year. The "Year" column in the table is the reference year...Data Items and Other Identifying Records:.Data include estimates on:.Total number of employer and nonemployer firms. Total sales and receipts of employer and nonemployer firms (reported in $1,000 of dollars). Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll of employer firms (reported in $1,000s of dollars). Number of nonemployer firms (firms without paid employees). Sales and receipts of nonemployer firms (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female (50% / 50%). . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic (50% / 50%). Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority (50% / 50%). Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran (50% / 50%). Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for firms owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subtotal because a Hispanic firm may be of any race; because a firm could be tabulated in more than one racial group; or because the number of nonemployer firm's data are rounded.. Nonemployer data do not have standard error or relative standard error columns as these data are from the universe of nonemployer firms, not from a data sample....Industry and Geography Coverage:.Data are shown for the total for all sectors (00) and the 2-digit NAICS levels for the U.S., states and District of Columbia, and metro areas. Data are shown for the 3-digit and 4-digit NAICS for U.S. only. Nonemployer data are excluded for the following NAICS industries:.Crop and Animal Production (NAICS 111 and 112). Rail Transportation (NAICS 482). Postal Service (NAICS 491). Monetary Authorities-Central Bank (NAICS 521). Funds, Trusts, and Other Financial Vehicles (NAICS 525). Management of Companies and Enterprises (NAICS 55). Private Households (NAICS 814). Public Administration (NAICS 92). Industries Not Classified (NAICS 99)...For more information about NAICS, see NAICS Codes & Understanding Industry Classification Systems. For information about geographies used by economic programs at the Census Bureau, see Economic Census: Economic Geographies...Employer Data Footnotes:.Footnote 660 - Agriculture, forestry, fishing and hunting (Sector 11): Crop and Animal Production (NAICS 111 and ...

Release Date: 2018-08-10.[NOTE: Includes firms with payroll at any time during 2016. Employment reflects the number of paid employees during the March 12 pay period. Data are based on Census administrative records, and the estimates of business ownership by gender, ethnicity, race, and veteran status are from the 2016 Annual Survey of Entrepreneurs. Detail may not add to total due to rounding or because a Hispanic firm may be of any race. Moreover, each owner had the option of selecting more than one race and therefore is included in each race selected. Respondent firms include all firms that responded to the characteristic(s) tabulated in this dataset and reported gender, ethnicity, race, or veteran status or that were publicly held or not classifiable by gender, ethnicity, race, or veteran status. Percentages are for respondent firms only and are not recalculated when the dataset is resorted. Percentages are always based on total reporting (defined above) within a gender, ethnicity, race, veteran status, and/or industry group for the characteristics tabulated in this dataset. Firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see Survey Methodology.]..Table Name. . Statistics for U.S. Employer Firms by Geographic Location of Business Customers/Clients by Sector, Gender, Ethnicity, Race, Veteran Status, and Years in Business for the U.S., States, and Top 50 MSAs: 2016. ..Release Schedule. . This file was released in August 2018.. ..Key Table Information. . These data are related to all other 2016 ASE files.. Refer to the Methodology section of the Annual Survey of Entrepreneurs website for additional information.. ..Universe. . The universe for the 2016 Annual Survey of Entrepreneurs (ASE) includes all U.S. firms with paid employees operating during 2016 with receipts of $1,000 or more which are classified in the North American Industry Classification System (NAICS) sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. total.. In this file, "respondent firms" refers to all firms that reported gender, ethnicity, race, or veteran status for at least one owner or returned a survey form with at least one item completed and were publicly held or not classifiable by gender, ethnicity, race, and veteran status.. ..Geographic Coverage. . The data are shown for:. . United States. States and the District of Columbia. The fifty most populous metropolitan areas. . ..Industry Coverage. . The data are shown for the total of all sectors (00) and the 2-digit NAICS code level.. ..Data Items and Other Identifying Records. . Statistics for U.S. Employer Firms by Geographic Location of Business Customers/Clients by Sector, Gender, Ethnicity, Race, Veteran Status, and Years in Business for the U.S., States, and Top 50 MSAs: 2016 contains data on:. . Number of firms with paid employees. Sales and receipts for firms with paid employees. Number of employees for firms with paid employees. Annual payroll for firms with paid employees. Percent of respondent firms with paid employees. Percent of sales and receipts of respondent firms with paid employees. Percent of number of employees of respondent firms with paid employees. Percent of annual payroll of respondent firms with paid employees. . The data are shown for:. . Gender, ethnicity, race and veteran status of respondent firms. . All firms. Female-owned. Male-owned. Equally male-/female-owned. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Some other race. Minority. Equally minority/nonminority. Nonminority. Veteran-owned. Equally veteran-/nonveteran-owned. Nonveteran-owned. All firms classifiable by gender, ethnicity, race, and veteran status. Publicly held and other firms not classifiable by gender, ethnicity, race, and veteran status. . . Years in business. . All firms. Firms less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 ...

Release Date: 2023-05-11.The Census Bureau has reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data (2019 NES-D Project No. 7504866, Disclosure Review Board (DRB) approval number: CBDRB-FY23-0262; 2020 ABS approval number: CBDRB-FY22-308)...Key Table Information:.Data in this table combines estimates from the Annual Business Survey (employer firms) and the Nonemployer Statistics by Demographics (nonemployer firms)...Includes U.S. firms with no paid employment or payroll, annual receipts of $1,000 or more ($1 or more in the construction industries) and filing Internal Revenue Service (IRS) tax forms for sole proprietorships (Form 1040, Schedule C), partnerships (Form 1065), or corporations (the Form 1120 series)...Includes U.S. employer firms estimates of business ownership by sex, ethnicity, race, and veteran status from the 2020 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: For employer data only, the collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2020 ABS collection year produces statistics for the 2019 reference year. The "Year" column in the table is the reference year...Data Items and Other Identifying Records:.Data include estimates on:.Total number of employer and nonemployer firms. Total sales and receipts of employer and nonemployer firms (reported in $1,000 of dollars). Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll of employer firms (reported in $1,000s of dollars). Number of nonemployer firms (firms without paid employees). Sales and receipts of nonemployer firms (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for firms owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subtotal because a Hispanic firm may be of any race; because a firm could be tabulated in more than one racial group; or because the number of nonemployer firm's data are rounded.. Nonemployer data do not have standard error or relative standard error columns as these data are from the universe of nonemployer firms, not from a data sample....Industry and Geography Coverage:.Data are shown for the total for all sectors (00) and the 2-digit NAICS levels for the U.S., states and District of Columbia, and metro areas. Data are shown for the 3-digit NAICS for U.S. only. Nonemployer data are excluded for the following NAICS industries:.Crop and Animal Production (NAICS 111 and 112). Rail Transportation (NAICS 482). Postal Service (NAICS 491). Monetary Authorities-Central Bank (NAICS 521). Funds, Trusts, and Other Financial Vehicles (NAICS 525). Management of Companies and Enterprises (NAICS 55). Private Households (NAICS 814). Public Administration (NAICS 92). Industries Not Classified (NAICS 99)...For more information about NAICS, see NAICS Codes & Understanding Industry Classification Systems. For information about geographies used by economic programs at the Census Bureau, see Economic Census: Economic Geographies...Employer Data Footnotes:.Footnote 660 - Agriculture, forestry, fishing and hunting (Sector 11): Crop and Animal Production (NAICS 111 and 112) are out of scope..Footnote 661 - Transportation and ware...