Black Minorities & Construction Industry

A recent statewide disparity study in New Jersey highlights significant challenges in achieving equity for Black-owned businesses and other minority-owned enterprises in the construction industry. The study, commissioned by the Murphy administration, found that despite minority-owned businesses constituting nearly 28% of available construction firms, they were awarded only 3.69% of the prime construction contracts from 2015 to 2020. This discrepancy is even more stark when considering the financial impact, with minority-owned businesses missing out on substantial contract dollars [[❞]](https://www.roi-nj.com/2024/01/23/opinion/editors-desk/disparity-study-construction-industry-knows-theres-a-problem-but-says-there-is-no-easy-solution/) [[❞]](https://nj.gov/governor/news/news/562024/approved/20240123a.shtml).