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06-09-2014, 04:32 PM
7 U.S. Cities Where Mi**rity-Owned Businesses Are Thriving
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As the rapidly changing demographics of the U.S. shape the future eco**mic landscape, policymakers have been occupied with finding ways to encourage and support more mi**rity business ownership. As part of that work, they might want to take a look at areas in which people of color already own a majority of businesses.
A*National Journal*analysis of census figures shows that in 2007 (the latest year for which data are available), mi**rities owned a majority of businesses in seven metro areas across the country. The border metro area of Laredo, Texas, had the largest share of businesses owned by mi**rities: almost three-quarters of all firms were mi**rity-owned.*Laredo was followed by McAllen, Texas (72%); Ho**lulu, (66%); El Paso and Brownsville, Texas (65%); *El Centro, Calif. (60%); and Miami-Fort Lauderdale, (53%). Of the top 20 metro areas with the largest share of mi**rity-owned firms, 14 were in Texas or California. Read more... (http://mashable.com/2014/06/09/mi**rity-owned-business-cities/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
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As the rapidly changing demographics of the U.S. shape the future eco**mic landscape, policymakers have been occupied with finding ways to encourage and support more mi**rity business ownership. As part of that work, they might want to take a look at areas in which people of color already own a majority of businesses.
A*National Journal*analysis of census figures shows that in 2007 (the latest year for which data are available), mi**rities owned a majority of businesses in seven metro areas across the country. The border metro area of Laredo, Texas, had the largest share of businesses owned by mi**rities: almost three-quarters of all firms were mi**rity-owned.*Laredo was followed by McAllen, Texas (72%); Ho**lulu, (66%); El Paso and Brownsville, Texas (65%); *El Centro, Calif. (60%); and Miami-Fort Lauderdale, (53%). Of the top 20 metro areas with the largest share of mi**rity-owned firms, 14 were in Texas or California. Read more... (http://mashable.com/2014/06/09/mi**rity-owned-business-cities/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
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