Minority & Small Business Week
Page B6
September 26, 2007
Statistics on Minority-Owned Business
The most recent statistics on
m inority-ow ned business are
derived from the U S. Census
Bureau's 1997 Survey ot Busi­
ness Owners. The Census Bu­
reau is currently com pleting
analysis on the 2002 Survey ot
Business Owners, and has re­
cently issued some prelim inary
data from this survey. The fo l­
low ing is a brief summary o f
statistical inform ation derived
from the 1997 Survey o f Busi­
ness Owners.
O f U S. businesses. 5.8 per­
cent were owned by Hispanic
A m ericans. 4.4 percent by
Asian Americans, 4.0 percent
by African Americans, and 0.9
percent by American Indians.
O f m in o rity -o w n e d b u si­
nesses, 39.5 percent were H is­
p a n ic-ow ne d, 30.0 percent
A sian-ow ne d, 27.1 percent
black-owned, and 6.5 percent
native-owned.
Business density is the num ­
ber o f in d ivid u a ls in the popu­
lation divided by the number
o f businesses in the population
- the low er the number, the
higher the density. Business
d e n s ity
was
10.1
fo r
nonm inorities, 11.7 fo r Asians
and P acific Islanders, 12.6 fo r
Am erican Indians and Alaska
Natives, 29.4 fo r H ispanics,
and 42.1 fo r Blacks.
O f the 4,514,699 jobs in m i­
n o rity -o w n e d businesses in
1997, 48.8 percent were in
Asian-owned firm s, 30.8 per­
cent in Hispanic-owned firm s,
15.9 percent in black-owned
firm s, and 6.6 percent in native-
owned firms.
The minority-owned business
Growth in the num berof His­
panic- and Asian-owned busi­
nesses tracks growth in these
populations over the period.
Some o f the growth in busi­
nesses ow ned by A fric a n
Americans. American Indians,
and Alaska Natives may be
rooted in educational improve­
ments and governmental p oli­
cies designed to curb poverty
and promote minority-business
ownership.
O f all businesses w ith em­
ployees that started in 1992 and
had positive payrolls, 47 per­
cent survived until at least 1996.
The survival rates were 50.4
percent fo r new businesses
owned by Asians and other
m inorities, 48.7 percent fo r
share o f U.S. firm s was 6.8 w h ite n o n -H isp a n ic-o w n e d
percent in 1982; it grew steadily businesses, 44.9 percent to r
to 9.3 percent in 1987,12.5 per­ white Hispanic-owned busi­
cent in 1992 and 14.6 percent in nesses and 34.7 percent fo r
new black-owned businesses.
1997.
photo by J ason F loyd /T he
P ortland O bserver
Ken Groves' markets his King o f the Cajun brand seasoning at local stores,
S a tn irla v M a rk e t and the Internet.
Spice Up the World
GUNDERSON
Located at a deep water port facility on the Willamette River in Portland,
Oregon. Gunderson is a unit of The Greenbrier Companies (NYSE: GBX).
Gunderson's customers include all Class 1 and many short line railroads,
shippers, leasing companies, and ocean shipping companies.
Io learn more about our company and see our current available positions
please go to: W3vw.gbrx.com
4350 NW Front Avenue
Portland, OR 97210
Ken Groves is providing Port­
land area residents w ith some
down-south flavor.
His King o f the Cajun sea­
sonings have been available fo r
the past 10 years at local gro­
cery stores and at Portland Sat­
urday Market.
Starting as a fam ily counselor
coach, and w orking w ith many
youth enrichment programs be­
fore that. Groves said he put his provide the w orld w ith a supply. Americans w ith high blood pres­
His seasonings are gourmet sure who are trying to avoid a lot
means in G o d ’ s hands and
o f salt in their diets.
and high-end but all-purpose.
started his business.
The line o f products is also
Because Groves thought was
Groves acquired a taste fo r a
available
by visiting his website
it
im
p
o
rta
n
t
to
p
ro
v
id
e
a
special seasoning blend w hile
at
kingofthecajun.com
.
w orking in the restaurant busi­ healthier, more fla vo rfu l substi­
W
hen
asked
about
future
ness, but couldn’ t find a d u p li­ tute fo r the com m only used
cate anywhere on the market. Johnny’ s or L a w ry’ s products, plans, Groves had this to say:
M atching his own demand fo r King o f the Cajun Creole spices "The motto is to sim ply spice up
c p o c n n in o
h p d p p id p f l t o
have low salt, helnine African the w orld.”
Because Groves thought was it
important to provide a healthier, more
flavorful substitute for the commonly
used Johnny’s or Lawry ’s products,
King o f the Cajun Creole spices have
low salt.
|
Minority
Business
Opportunity
Committee
i t u t e ,
In c .
M inority E nterprise D evelopment W eek
A wards L uncheon & T rade S how
"Partnering To Prosper Together"
For More Info: www.bdiweb.org
Wednesday, October 3,2007 • 10 am - 3 pm
Oregon Convention Center • 777 NE M. L. King, Jr. Blvd.
Join us to celebrate and recognize
outstanding minority-owned businesses
in Oregon & SW Washington.
A S pecial T hank Y ou to our S ponsors !
T r i M et -// o . s / ,S w \ w , C ity
M E T R O , M l LTNOMAII
Coi NTY,
of
P ortiand , H ousing A uthority
of
P ortland ,
PO R T OF PORTLAND, PORTLAND COMM UNITY
CoiJFGE,
P rovidence H ealth S ystem , B onneville P ower A dministration ,
P ortland D evelopment C ommission , S tacey and W itbeck , I nc .,
T urner C onstriction , A ssociated G eneral C ontractors , C ity of V ancouver ,
S tate of O regon - D eft
O regon E conomic
U.S.
A rmy C orp
of
of
and
C onsumer & B usiness S ervices ,
C ommunity D evelopment ,
E ngineers
and
Providence Health & Services -
Committed to diversity
"I applaud Providence for their leadership in supporting minority businesses
in their vendor relationships. They recognize that these are good business
practices that benefit communities and the health care industry."
- Faye Burch, FM Burch
& Associates
W ells F argo B ank .
C ongratulations A ward W inners :
2007 MED Week Service Aw ard W inner -
Paper Chase Shredding & Recycling
2007 MED Week Professional Services Aw ard W inner -
A t P ro vid e n ce H e a lth & Services, w e seek o u t w o m e n - a n d
m in o r ity - o w n e d businesses as c a n d id a te s f o r v e n d o r and
c o n s tru c tio n co n tra cts. D ive rsity is w o v e n in to o u r M ission o f
se rvin g th e c o m m u n ity a n d s u p p o rtin g y o u r h e a lth care needs.
FM Burch & Associates
2007 MED Week Construction A w ard W inner -
O 'Neill Electric
2007 MED Week Corporate D iversity A w ard W inner ■
Skanska USA
www.providence.org/oregon
------*'IDENCE
Health & Services