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Herbert C. Hoover Building, Commerce Library, 1401 Constitution Avenue NW, Washington DC
Content tagged with Economics
U.S. Department of Commerce Black History/African American Heritage Month Fireside Chat
During this interview, Dr. Glenda Glover will share insight around the economic imperative of HBCUs and the impact they have on the U.S. economy.
Calculating Parity of Minority Business Enterprises and the Expansion of the U.S. Economy
Published by : Minority Business Development Agency The Minority Business Development Agency (MBDA) first tackled the question of an opportunity gap approximately twenty years ago and proposed the concept of parity as an approach to answering it. This publication provides the reader with the Agency’s current methodology for calculating entrepreneurial parity which is used to illustrate the gap...
The Impact of COVID-19 on Small Business Owners: The First Three Months After Social-Distancing Restrictions
Published by : Robert W. Fairlie, Ph.D. This paper provides the first analysis of impacts of the pandemic on the number of active small businesses in the United States using nationally representative data from the April 2020 CPS – the first month fully capturing early effects. The number of active business owners in the United States plummeted by 3.3 million or 22 percent over the crucial two...
The Contribution of Minority Business Enterprises to the US Economy
Published by : Minority Business Development Agency The report looks at the current and potential future contributions of employer minority firms and the key underlying drivers in their contribution to the U.S. macroeconomy. By using simple linear trends in the historical and current contributions of employer minority firms to the U.S. economy and projecting these trends forward, a baseline is...