Minority-Owned Businesses Generate $190+ Billion for California

California’s minority-owned businesses are a powerful asset to the state’s economy, generating $28.7 billion in tax revenue and supporting 2.6 million jobs annually, according to a new report issued earlier this month. The report also found that these minority-owned businesses contribute $192.8 billion in economic output, more than the annual gross domestic product (GDP) of 18 U.S. states.  Click here for the full article.

News Staff