The timing could not have been more perfect. While we were in the middle of finalizing plans for our 2nd annual USBC School of Chamber Management, Bloomberg News reported that federal contracting with African American and Hispanic-owned businesses declined in Fiscal Year 2011 for the first time in a decade. According to the Federal Procurement Data System, compared to Fiscal Year 2010, contracts to Black-owned firms dropped 8 percent to $7.12 billion and decreased 7 percent to $7.89 billion for Hispanic-owned businesses.
It's never good news to learn that federal contracting opportunities for the business
men and women we work hard to represent are shrinking, but our upcoming School of Chamber Management will provide the
perfect opportunity to arm the leadership of America's Black Chambers of Commerce with the tools to reverse the trend...[see more]
Ron Busby -President & CEO U.S. Black Chamber, Inc.