Before The Recession During Bush Years, Black-Owned Businesses Boomed

The Washington Post reports that "the number of black-owned businesses grew much faster than the national rate during the five years before the recession began, according to data released Tuesday by the U.S. Census Bureau. The ranks of black firms shot up more than 60 percent from 2002 to 2007, compared with the overall national increase of 4 percent. By the end of the boom, Prince George's County had the highest share of black-owned businesses - 55 percent - among all large counties in the nation." Tweet