September 20, 2022  SEONews

Study: Black-Owned Businesses Contribute Billions to Greater Cincinnati Economy – Cincinnati CityBeat

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A study from the University of Cincinnati Economics Center shows just how much of an economic impact Black-owned businesses have on Cincinnati’s economy.

In partnership with UC, the Greater Cincinnati and Northern Kentucky African American Chamber of Commerce (AACC) released the findings of the “Economic Impact of Black-owned Businesses in Southwest Ohio Communities” Sept. 16. The study found that Black-owned businesses in Greater Cincinnati support more than $2.1 billion in economic activity, up from $1.4 billion since the study initially was conduced in 2021.

The study surveyed nearly 1,000 Black-owned businesses across four counties: Hamilton, Butler, Clermont and Warren. The survey identified the three largest industry categories among Black…

Read Full Story: https://www.citybeat.com/news/study-black-owned-businesses-contribute-billions-to-greater-cincinnati-economy-13884373

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