Atlanta leads nation in Black-owned businesses for 3rd consecutive year

Atlanta leads nation in Black-owned businesses for 3rd consecutive year

For the third year in a row, Atlanta has the highest percentage of Black-owned businesses in the nation, according to a new analysis by LendingTree.

Report Shows 22.2% Year-Over-Year Increase In Black Businesses, But Room For Improvement Remains

The number of Black-owned businesses has increased. However, there is still much room for improvement. According to a research study released by the online loan marketplace LendingTree, the data reveals a 22.2% year-over-year increase since 2019. Looking back to 2022, just 3.3% of businesses were Black-owned, and 40% were women-owned. Other trends highlighted in the report show that Atlanta, GA, remains the primary hub for Black-owned businesses…

Atlanta leads nation in Black-owned businesses for 3rd consecutive year #SupportBlackBusiness #BlackOwned #BlackEnterprise #BlackEntrepreneur #BlackEntrepreneurship

article For the third year in a row, Atlanta has the highest percentage of Black-owned businesses in the nation, according to a new analysis by LendingTree.  What we know: The report found that 11.3% of businesses in Atlanta—approximately 13,000—are Black-owned, marking an 8.9% increase from last year. This solidifies Atlanta’s position as a hub for Black entrepreneurship and economic growth. The report also highlighted nationwide trends, showin…

Atlanta Leads Nation in Black-Owned Businesses For 3rd Year In A Row

Source: Education Images / Getty LendingTree has named the city of Atlanta the nation’s leader in Black-owned businesses for the 3rd consecutive year. The analysis found that 11.3% of Atlanta’s businesses are Black-owned, an 8.9% increase from last year. Nationally, Black-owned businesses grew 22.2% year over year. A significant 39.1% of those businesses are also women-owned – higher than the 22/3% of all businesses run by women. Atlanta’s ranki…