DATA

GettyImages-629567166.jpg

Minority businesses don’t exist in a vacuum.

  • Retailers, professional & service firms generate business by serving their local communities. More jobs lead to more spending with local businesses.

  • Small & medium-sized businesses also grow when they contract with other businesses. More local businesses, large and small, lead to more opportunities in this regard.

  • Philadelphia’s slow growth and low density of businesses restricts growth of Philadelphia’s minority owned businesses.