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Less than 20 percent of US businesses are owned by minorities

from The Washington Post

Minorities, particularly black-owned firms, have grown their share of business ownership in the past few years. But they have a lot of catching up to do. According to this report in the Wall Street Journal, citing new data released by the Census Bureau, white-owned firms accounted for 81 percent of businesses that could be classified by race or ethnicity or gender, while 9.7 percent were owned by Asians and 5.8 percent by Hispanics. more

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