GOAL 9: Create more economic opportunities for people from disadvantaged groups.
INDICATOR: Percentage of businesses in the region that are minority-owned.
Why is this important?
Growth in minority-owned businesses indicates both a strong economy and economic opportunities for minority and disadvantaged groups.
How are we doing?
The number of minority owned businesses in Metro Atlanta jumped more than 72 percent in a five year period, outstripping the overall increase seen across Georgia. According to an analysis of data released by the Census Bureau in 2006, the information also shows that Metro Atlanta is home to a majority of the minority owned businesses in the State.
The vast majority of minority-owned businesses in Georgia call Atlanta home, including 80 percent of Hispanic-owned firms and 70 percent of Black-owned and Asian-owned firms. In comparison, the Atlanta MSA is home to approximately 55 percent of Georgia's black population, 66 percent of the Hispanic population and 74 percent of the Asian population.
Among counties in metro Atlanta, Gwinnett is home to the most Hispanic-owned and Asian-owned businesses, while DeKalb leads among businesses owned by African Americans.
Regional Prosperity
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