Los Angeles County has most minority owned businesses

AP News
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Posted: Dec 15, 2015 3:24 PM

WASHINGTON (AP) — California's Los Angeles County has more minority owned businesses than anywhere else.

That's according to a new study released by the U.S. Census Bureau on Tuesday covering the year 2012.

For 2012, Los Angeles County had more Hispanic, Asian, Native American and Alaska native owned businesses. It ranked second in the number of African-American and Native Hawaiian or other Pacific Islander-owned firms. The top county for black businesses was Cook County, Illinois and for Native Hawaiians was Honolulu County, Hawaii.

The Census study showed that the majority of firms in Los Angeles County — 55 percent — were minority owned in 2012. California also led all states with 1.6 million minority owned firms.

Nationwide, minority owned firms made up 28.8 percent of all firms in 2012.