African-American businesses are an important part of the American economy.
“The top 100 African American industrial/service companies and 100 leading auto dealers … collectively grossed more than $28 billion” in 2007.
– BlackEnterprise.com, viewed September 30, 2008“America’s competitiveness and economic growth in the global market will increasingly depend on the growth and expansion of minority owned businesses.”
– MBDA.gov, April 1, 2008African Americans have $29.8 billion in purchasing power.
– diversityaffluence.com, viewed September 29, 2008