Minority communities are a powerful force in the American economy. Collectively, Black, Hispanic, Asian American, and Native American consumers represent nearly $5 trillion in annual buying power, an economic market larger than the GDP of most countries. Black buying power alone has reached $1.6 trillion, Hispanic buying power $1.9 trillion, Asian American buying power $1.3 trillion, and Native American buying power $140 billion. University of Georgia’s Selig Center for Economic Growth

Many of America’s largest corporations depend on this buying power to grow their revenues, expand their markets, support their employees, and increase shareholder value. Minority consumers purchase automobiles, technology, financial services, healthcare, entertainment, apparel, food, housing, and countless other products and services. Our collective spending helps sustain major industries and contributes to corporate profits, employment, tax revenue, and the nation’s GDP.

NMSDC-certified Minority Business Enterprises generated $599.7 billion in total economic output, supported more than 2.2 million jobs, and produced $168 billion in wages. Those wages are reinvested through housing, education, local businesses, and community services, helping create stronger economies, greater household wealth, and more stable communities. NMSDC Economic Impact Report

As a certified Minority Business Enterprise with NMSDC and the City of Chicago, Pro Biz Products is proud to contribute to this economic engine. Doing business with Pro Biz is not simply about meeting a purchasing goal; it is about reinvesting in the consumers and communities that help drive corporate America and the U.S. economy.  By approximately 2045–2046, people of color are projected to collectively represent the majority of the U.S. population.

The future growth of corporate America will therefore depend increasingly on the purchasing decisions, labor, entrepreneurship, and innovation of minority communities. Supporting minority-owned businesses is not charity. It is a strategic investment in the consumers, workers, businesses, and communities that will increasingly drive America’s employment, corporate growth, tax base, and GDP.