White people are systematically given opportunities to hold more jobs and economic capital in general, as well as the ability to enjoy generational wealth where many Black Americans don't get to. A 2016 Survey of Consumer Finances from the Federal Reserve showed that Black families have only 10 cents for every dollar held by typical white families, and one 2017 study concluded that (of the sample size that participated) 56% of Black Americans experienced discrimination at least once when applying to a job, and 57% experienced discrimination when it came to being paid equally or being considered for a promotion.
Join the #BlackDollarNC Mailing List for news related to your favorite businesses. However the more they were cut off from the larger white community, the more black entrepreneurs succeeded in establishing flourishing businesses that catered to a black clientele.
He has led the improvement of large community reinvestment programs resulting in regulator-approved CRA strategic plans; improved examination results; and, the transformation of programs into sustainable profit-oriented businesses. Discover & connect with great local black owned businesses in Chicago.
The U.S. is home to roughly 2.5 million black-owned businesses, according to the Census Bureau. Among states, Georgia had the largest total number with 256,848 black-owned businesses and accounted for 9.9 percent of the nation's black-owned businesses, followed by Florida, with 251,216 black-owned businesses (9.7 percent).
This Black-owned online boutique will be your one-stop-shop for baby clothes, toys, puzzles and more. Facebook also will spend at least $100 million with Black-owned suppliers in the next year, Zuckerberg said. So join today to add your business to our Black business list or help circulate the Black dollar by patronizing one of the businesses that you find on our directory.
In 2007, Derrick and Ramunda Young launched Mahogany Books , an online-only retailer that specializes in books "written for, by, or about people of the African Diaspora." Ten years later, the husband-and-wife duo opened the doors of their brick-and-mortar store in Anacostia, a historically African-American neighborhood in Southeast Washington, D.C. You can purchase books online, but also make sure to check out their blog, Black Books Matter , for staff recommendations and curated booklists.