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The analysis by the UC Economics Center was commissioned by the Greater Cincinnati and Northern Kentucky African American Chamber of Commerce (AACC). It's thought to be the first study of its kind in the nation.
AACC President and CEO Eric Kearney says the findings are cause for celebration.
"This impressive analysis from the UC Economics Center shows a robust number of growing enterprises, jobs created, and communities positively impacted by our Black businesses," says Kearney.
"It shows the importance of Black businesses in the Greater Cincinnati region; that our businesses are really contributing to the quality of life and the economy, so that's good news. It also says to me that we have some work to do to move that number up."