Cincinnati experienced the state’s strongest growth in Black-owned employer businesses.
Black-owned businesses across Ohio are creating more jobs, paying higher wages, and expanding their share of the state’s economy, according to a new analysis of U.S. Census Bureau data.
The report, published by the Health Policy Institute of Ohio, found that Ohio’s more than 5,600 Black-owned businesses employed more than 64,000 workers in 2023. During that same period, annual payroll grew from $1.3 billion in 2017 to $2 billion in 2023—an 82% increase…