Report: Providence metro has 4th lowest share of minority-owned businesses in U.S.

Nancy Lavin

03/17/2022

RHODE ISLAND ranked 43 out of 49 states analyzed by Smartest Dollar for the share of minority-owned businesses relative to minority residents. /COURTESY U.S. CENSUS BUREAU

PROVIDENCE – Greater Providence has the fourth-lowest share of minority-owned businesses relative to its minority population among major metropolitan areas nationwide, according to new analysis by consumer financial site Smartest Dollar. While minorities comprise just over a quarter of the population of the Providence-Warwick metropolitan area - per the latest U.S. Census Bureau numbers -…

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