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Black-Owned Businesses Rise Amid Challenges | Durham News
Black-owned businesses in the U.S. are booming—up 62% since 2017, outpacing national growth—but still represent just 3.4% of all employer businesses despite Black folks making up 14.4% of the population. These enterprises aren’t just economic engines; they’re community anchors that boost local wealth, health, and well-being. Yet, the recent closure of Flavor Hills—a beloved Black-owned restaurant chain that celebrated Black excellence—highlights a troubling trend: even thriving Black businesses face collapse amid broader industry struggles, as mid-tier restaurants nationwide grapple with…
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