Asians own 0% of the Bizes and produce 2.4% of ALL biz receipts (Blacks with 13.3% of the pop have 7.0% of Bizes and .4% the receipts; Hispanics with 17% of the pop have 12% of Bizes and 1.5% of receipts; and women with 50%± of the pop own 36% of the bizes and produce 5% of biz receipts).
T-1 establishes the reality that the Professional, Scientific and Tech industries grew the most Asian owned firms (278,550) in 2012 followed by Retail Trade (219,279) with Healthcare & Social Assistance firms being #3 (204,674 firms)
T-2 notes that Wholesale Trade; Retail Trade; Accommodation & Food Services; Prof, Scientific and Tech; and Healthcare & Social Assistance are the TOP 5 Asian receipting industries ranging from $67 M to $207 M.
T-3 presents Receipted$$ per Asian Firm with Mgt of Cos being #1 ($3.6 M per firm); Wholesale Trade #2 ($3.0 M); Manufacturing $1.9 M (#3); Utilities with $1.4 M; and Mining with almost$1 M in receipts being #5. (Please notice that there is NO other minority group, save women, that even comes close to having 5 industries that avg $1 M receipts per firm. How impressive is that? WOW!)
For over 24 years, University of Detroit Mercy Marketing Professor Michael Bernacchi, Ph.D., J.D, has produced "uNDER tHE mIKE-rOSCOPE", a newsletter discussing current "marketing and advertising¹s bends, trends & ends."
A well-know fixture in Detroit and national media, UDM's marketing guru has made several appearances on CNN's "Talk Back Live," the Voice of America worldwide radio network (VOA), ABC, CBS, NBC, MSNBC and on the pages of Sports Illustrated, Time, TV Guide, the New York Times, USA Today, the Wall Street Journal and the Washington Post, to name a few.
At University of Detroit Mercy, he has taught courses in Marketing Management, Consumer Behavior, Marketing Communications, Research and Corporate Social Responsibility and Sports and Entertainment Marketing.
Michael Bernacchi can be reached at 313-993-1116 or firstname.lastname@example.org.
Please appropriately attribute the following for their work on uNDER tHE mIKE-rOSCOPE:
Yen Ju Lee
& Ian Young