Black-owned businesses in Ohio see 82% payroll growth, employ over 64,000 workers
By
Susan Tebben
Summary
Analysis of U.S. Census data by the Health Policy Institute of Ohio shows that Black-owned businesses in Ohio have grown significantly, with over 5,600 businesses employing more than 64,000 workers. Annual payroll for these businesses increased by 82% between 2017 and 2023, indicating a growing economic contribution and highlighting diversity as a key strength for the state's economy.
Source
bskyBlack-owned businesses in Ohio see 82% payroll growth, employ over 64,000 workersohiocapitaljournal.comKey quotes
· 3 pulledThe data on the economic impact of Black-owned businesses in Ohio demonstrates that the state's diversity is one of its greatest strengths
Black-owned businesses in Ohio continue to increase payroll, and drive jobs and income in the state.
The more than 5,600 Black-owned businesses in Ohio employed more than 64,000 employees.
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