Census Finds High Number of Black Female Entrepreneurs
According to figures released yesterday, a greater percentage of African American women own their own business than any other minority group. About 38% of African American-owned firms had female owners, compared to 28% for Latinos, 27% for American Indians/ Alaska Natives and 27% for Asian and Pacific Islanders. Some speculate that the high percentage of black female entrepreneurs is related to the “matriarchal nature of many black families.”
See "Census Finds High Number of Black Female Entrepreneurs", Karen Robinson-Jacobs, Los Angeles Times, July 12, 2001