Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Indian-Owned Business Grew by 15 Percent


Despite the lengthy recession, the number of American Indian-owned businesses increased by 15 percent in the years between 2007 and 2012, according to the U.S. Census Bureau.

The number of Indian-owned businesses increased from 236,691 in 2007 to 272,919 in 2012, according to the Bureau, which does a nationwide business census every five years. Sales also increased at Native firms, by $4.5 billion, from $34.5 billion to $39 billion, or an average of copy42,900 per firm.



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