2021 State of Minority Business – A National Discussion

The 2021 State of Minority Business – A National Discussion is an updated study from the “2019 State of Minority Businesses: A National Discussion.” Prepared by PricewaterhouseCoopers (PwC) and commissioned by the Georgia Minority Supplier Development Council (GMSDC), this report seeks to provide a holistic picture of the state of minority businesses and their most important trends.  This report uses the Census Bureau’s latest Annual Business Survey to examine the trends in minority business growth exhaustively. It also explores domestic and global market developments in detail and highlights their implications for minority suppliers. Finally, the study uses diversity spending data for California’s 22 largest energy, telecommunications, and water industries for the year 2019 to estimate the impact of supplier diversity on new jobs and new economic activity in the state. Key findings and recommendations are included in this study.

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