Posted April 19, 200619 yr Hamilton County has fewer black-owned businesses, with much lower sales, than its major urban counterparts in Ohio. According to a U.S. Census report released Tuesday, Hamilton County has about 6,000 black-owned companies, compared with 7,888 in Franklin County (Columbus) and 9,809 in Cuyahoga County (Cleveland). http://cincinnati.bizjournals.com/cincinnati/
April 19, 200619 yr God forbid Hamilton County isn't #1 in every category in Ohio. Some of these journalists twist the hell out of numbers when in fact Hamilton County has almost as many black-owned businesses as the whole state of Kentucky.
April 19, 200619 yr They didn't mention the overall population of these counties and states or compare the population of blacks specifically. In other words this is completely useless to anyone who doesn't study and easily remember census data like myself and others who frequent these boards. New York State has roughly 3X the population of Ohio, and about 3X as many black-owned businesses. Generally population statistics and demographic data are completely unknown to most people, my guess is that few have any idea where the US ranks in population and land mass compared to other countries. Demographics of minorities are again a complete mystery, as historical minority statistics as well as demographic trends. There's no reason why this shouldn't be standard curriculum in American schools, it is fundamental to understanding the history of the world and I wouldn't know this stuff if I didn't look for it myself, despite having gone to school for like 23 years.
April 19, 200619 yr Matters where minorities are having success economically always tied my lefty college profs (which is to say pretty much every prof I ever had) into knots because they saw minority entrepreneurship as minorties sort of bowing to the capitalist beast, still ultimately the tool of the white man even though they were their own bosses and quite often accumulated fortunes. What these stats ARE indicative of is that blacks are now able to acquire capital through loans in a way they were not able to two generations ago. Few black-owned businesses existed in the past for the simple reason that they were usually denied loans by banks because they were black (straight-ahead racism) and because they were less likely to have a cosigner, wealthy white references, etc. By comparison, other ethnic groups who were discriminated against did not come to this country as slaves and there was usually some source of capital within their own group. I don't know if there is a tradition of credit unions at predominantly black churches, that is definitely one reason why there aren't many poor Catholics in Ohio. Many catholic churches have credit unions, my parents got part of our home loan from ours as a kid.
April 19, 200619 yr Columbus has like 20 thousand less black people compared to Cincy so for them to have over 2 thousand more black owned companies, I'd say that's a pretty big difference. Columbus was voted by BET as the best city for black families.
April 19, 200619 yr Is this the data they were referring to ? http://www.census.gov/csd/sbo/index.html For local businesses 4 years can be an eternity. But this doesn't tell the percentage of the black populations of the areas, either. Living in Cincinnati, where blacks aren't exactly a minority, it is appaling how few black owned businesses there are. And most of the ones that exist are very low end. I have suspected what jmecklenborg stated about inability to secure business loans as the problem. Dunno if things are that much better nowadays.
April 19, 200619 yr Black-owned companies experience growth spurt Wednesday, April 19, 2006 Tracy Turner THE COLUMBUS DISPATCH Black-owned firms represent the fastest-growing business segment in the nation, with Columbus leading the trend in Ohio, the U.S. Census Bureau said yesterday. The number of black-owned businesses grew to 1.2 million in 2002, up 45 percent from 1997, the bureau said. Revenue generated by those businesses rose to $89 billion, a 25 percent increase. "It’s encouraging to see not just the number but the sales and receipts of black-owned businesses are growing at such a robust rate," said Louis Kincannon, Census Bureau director. [email protected] http://www.dispatch.com/business-story.php?story=dispatch/2006/04/19/20060419-D1-05.html
April 19, 200619 yr According to the census, using data from 2000 combined with the business data from above, here's each city, the number of black-owned businesses, the total population, the percent of that population that's black, the resulting total black population, and then the number of black folks per black-owned business. The lower the final number, the higher the density of black-owned businesses: Just looking at Youngstown's numbers, this is obviously greatly impacted by the business climate...it would be interesting to look at this figure for white folks, controlling for when the businesses were started, so 50 year old businesses don't skew today's results. Looking at the number of businesses started in the last 10 years, compared with population, across races. That should control for the business climate and entreprenurial opportunities, and give us a better idea of what cities are actually doing the most to promote minority-owned businesses...
April 19, 200619 yr I bet the average black income in Columbus is significantly higher than Cinci, Dayton, and Cleveland also.
April 19, 200619 yr Riverviewer, maybe if the newspapers in Cincinnati did half the research as you did we wouldn't have the misleading headlines we tend to have in our newspapers.
April 19, 200619 yr ^No, we don't have a convocation center underconstruction. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
April 20, 200619 yr A Cleveland Plain Dealer article was published today in the business section about this subject of business owners in Ohio.. it was basically the same things above re-written by the PD editorial staff. What's different is that the PD used county-wide stats and Cleveland (Cuyahoga) was highest, but the above articles show it as 3rd most..once again showing the uselessness of these studies when you don't use the MSA stats.
April 20, 200619 yr Everyone always leaves out Canton... BTW, does anyone know what justifies a business? Hamilton claims to have 1,700 businesses, that would top Toledo, I don't think that could be right.
April 20, 200619 yr Everyone always leaves out Canton... BTW, does anyone know what justifies a business? Hamilton claims to have 1,700 businesses, that would top Toledo, I don't think that could be right. The number of people registered with a Tax ID maybe? I never started a business although I want to start one eventually.
April 20, 200619 yr ^Hum...and what about francises too? And paper companies... ^^Which is just another reason population isn't the "end all, be all" of city discussions.
April 20, 200619 yr Monte: Riverviewer, maybe if the newspapers in Cincinnati did half the research as you did we wouldn't have the misleading headlines we tend to have in our newspapers. I've always been disappointed that journalists learn journalism, and not actual, you know, stuff. Like, spend a couple years studying chemistry, and you'll not only understand how science works, you'll also understand enough math to explain election results. But study writing styles, and all you'll understand how to sound like you aren't utterly ignorant, whether you are or not. X: ^^Once again, we should be looking at metro numbers, not municipalities. Completely agreed. Wish the business data had been MSA-based... C-Dawg - I think for our purposes here (basically, how well is the average black guy doing vs. how is the average white guy doing), median income by race would be much more illustrative...like, the folks living in Indian Hill pumping up the average income for whites doesn't really do much to reflect how I'm doing. Unfortunately, I don't see it broken down by race anywhere...it is interesting how drastically median income varies by city - though again, MSA would be much more helpful... Median Income: Youngstown: 24,201 Cleveland: 25,928 Dayton: 27,423 Cincinnati: 29,493 Akron: 31,835 Toledo: 32,546 Columbus: 37,897
April 20, 200619 yr C-Dawg - I think for our purposes here (basically, how well is the average black guy doing vs. how is the average white guy doing), median income by race would be much more illustrative...like, the folks living in Indian Hill pumping up the average income for whites doesn't really do much to reflect how I'm doing. Unfortunately, I don't see it broken down by race anywhere...it is interesting how drastically median income varies by city - though again, MSA would be much more helpful... Median Income: Youngstown: 24,201 Cleveland: 25,928 Dayton: 27,423 Cincinnati: 29,493 Akron: 31,835 Toledo: 32,546 Columbus: 37,897 Just gotta know where to look. :wink: Median household income: Akron city: Overall - 31,835 White - 35,200 Black - 23,989 Cleveland city: Overall - 25,928 White - 31,297 Black - 21,135 Cleveland-Akron MSA: Overall - 42,215 White - 46,181 Black - 26,397 Cincinnati city: Overall - 29,493 White - 36,452 Black - 20,984 Cincinnati-Hamilton MSA: Overall - 44,914 White - 47,719 Black - 25,858 Columbus city: Overall - 37,897 White - 41,471 Black - 29,214 Columbus MSA: Overall - 44,782 White - 47,687 Black - 30,229 Dayton city: Overall - 27,423 White - 31,313 Black - 22,855 Dayton-Springfield MSA: Overall - 41,550 White - 44,052 Black - 27,844 Toledo city: Overall - 32,546 White - 35,970 Black - 22,687 Toledo MSA: Overall - 39,902 White - 42,292 Black - 23,199 Youngstown city: Overall - 24,201 White - 27,704 Black - 19,005 Youngstown-Warren MSA: Overall - 36,255 White - 37,670 Black - 22,456
April 20, 200619 yr Federated, Toyota make 'Top Companies for Diversity' list Cincinnati Business Courier - 2:29 PM EDT Wednesday Two companies with local headquarters have made DiversityInc magazine's "Top 50 Companies for Diversity" listing. Federated Department Stores (NYSE: FD), with headquarters in Cincinnati and New York, ranked 20th on the list. Toyota North America, which includes Erlanger-based Toyota Motor Manufacturing and Engineering North America, was 29th. The latter is part of Japan-based Toyota Motor Corp. (NYSE: TM). The list was culled from 256 candidates, and companies were evaluated on performance in four diversity-related areas: CEO commitment, human capital, corporate communications and supplier diversity. DiversityInc is published by Allegiant Media, a privately owned company based in Somerset, N.J.
April 20, 200619 yr Damn, you guys are like the statistics police! Make one false statement and you get slammed with accurate data.
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