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Lacking financial support, Black-owned businesses are suffering — digitalundivided

Written by digitalundivided | Jan 21, 2021 5:00:00 AM

Lacking financial support, Black-owned businesses are suffering

“The effects of the pandemic are straining the US economy as a whole, but Black-owned businesses have been particularly impacted. According to the National Bureau of Economic Research, 440,000 Black-owned businesses shuttered in the US, or 41 per cent of the total 1.1 million, between February and April this year. In comparison, only 17 per cent of white-owned businesses closed in the same time frame.” Read more at Vogue Business

digitalundivided January 21, 2021 1 Comment

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Interresting read

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