According to figures from the most current U.S. Census Bureau ?Survey of Business Owners,? the number of Black-owned businesses grew by 45 percent between 1997 and 2002 and receipts for those firms increased by 30 percent in the same period. A more detailed report on Black-owned businesses is scheduled to be issued in the second quarter of this year. Below is the Census Bureau?s breakdown of increases in the number, sales and receipts of Black-owned businesses in the top 10 states for those businesses.
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Changes in the Number of Black-Owned Businesses and Their Receipts: 1997 to 2002
| 1997 | 2002 | |||
| Location | No. of Firms | Sales & Receipts ($billions*) | No. of Firms | Sales & Receipts ($billions*) |
| Total U.S. | 1,197,988 | 92.7 | 823,499 | 71.2 |
| New York | 129,339 | 7.9 | 86,469 | 5.1 |
| California | 113,003 | 10.2 | 79,110 | 6.4 |
| Florida | 102.074 | 6.0 | 59,732 | 4.1 |
| Georgia | 90,480 | 5.9 | 55,766 | 4.1 |
| Texas | 88,777 | 6.7 | 60,427 | 6.9 |
| Maryland | 69,428 | 4.8 | 47,614 | 4.0 |
| Illnois | 68,708 | 5.2 | 41,244 | 3.9 |
| North Carolina | 52,134 | 3.7 | 39,901 | 2.3 |
| Michigan | 44,367 | 4.3 | 24,954 | 4.6 |
| Virginia | 41,158 | 3.5 | 33,593 | 3.4 |
* Rounded to the nearest tenth.
