The Devastating Decline Of Black Businesses In New York City

Written By: Elsie Law - May• 15•17

Black Business NYC StatIn a recent study done by New York City’s comptroller, documenting the financial state of the City between the years of 2007 to 2012, the dismal state of Black business was noted.

According to the study, in 2007-2012, the presence of Black Businesses in New York City declined by 31.4%, while Black businesses nationwide rose 2.4%

I wonder what the figures are for the last 5 years. With large amounts of Black New Yorkers being “gentrified” out of their homes, I don’t suppose the figures got any better.

Be sure to support the Black Businesses that still exist.

Facebook Twitter Pinterest Plusone Linkedin Tumblr Email

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Current day month ye@r *