Go Gay Nevada Blog

NGLCC Releases Historic "America’s LGBT Economy" Report

 
NGLCC Releases Historic
 “America’s LGBT Economy” Report,
Suggests LGBT Businesses Add
$1.7 Trillion to US Economy and
Create Tens of Thousands of Jobs Nationwide
 
National Gay & Lesbian Chamber of Commerce snapshot of
Certified LGBT Business Enterprises® (LGBTBEs) explores powerful economic contributions to America across all business sectors
The National Gay & Lesbian Chamber of Commerce (NGLCC), the business voice of the lesbian, gay, bisexual and transgender (LGBT) community, has released the first-ever snapshot demonstrating the economic and social impact of America’s LGBT business owners and entrepreneurs. The America’s LGBT Economy report explores the revenues, types, sizes and geography of LGBT-owned businesses currently certified by NGLCC, as well as the number of jobs they create and the personal narratives of successful LGBT business owners who reflect the very best about America’s innovative and entrepreneurial spirit.
 
NGLCC’s “America’s LGBT Economy” report can be viewed and downloaded at www.nglcc.org/report
 
Bob Witeck of certified LGBTBE Witeck Communications helped prepare this landmark report.  Witeck’s works has helped give voice to the LGBT community and our annual spending power. Now he has helped NGLCC produce the first look at our economic impact as a business community.
 
“The National Gay & Lesbian Chamber of Commerce is pleased to be able to evidence, through this report, what we’ve observed since our founding fifteen years ago — that America’s LGBT business owners are driving our economy upward and deserve every opportunity to keep creating jobs and innovating our industries. The estimated 1.4 million LGBT business owners NGLCC advocates for have truly earned a place at the equality table,” said NGLCC Co-Founder & President Justin Nelson. “If you are an LGBT business owner and not yet certified, you’re leaving opportunities on the table to help your business and our economy grow. For the LGBT community, this also means we are missing out on more accurate data, role models, job creator, and future success stories that prove ‘If you can buy it, a Certified LGBTBE can supply it.'”

“These numbers tell the real story,” said Bob Witeck, President of Witeck Communications, a certified LGBTBE that served as the analyst for this report. “While our community’s $917 billion spending power highlights our market clout, the jobs, tax revenues and profits we create as employers and entrepreneurs define our full economic value to America. We are just beginning to scratch the surface of our potential.”
 
“At NGLCC, we have nearly 200 corporate and government partners that understand not only the value of the LGBT dollar, but the economic imperative of inclusivity and LGBT visibility in their supply chains and marketplace. This groundbreaking report proves our NGLCC philosophy that economic visibility, just like social visibility, is essential in building a diverse and inclusive society,” said NGLCC Co-Founder & CEO Chance Mitchell.
Be Sure to Follow NGLCC for the Latest News Updates


Like us on Facebook   Follow us on Twitter   View on Instagram   View our videos on YouTube   View our photos on flickr   View our profile on LinkedIn
 
Check NGLCC’s social media channels regularly for special posts to share with your network. Help us spread this important, unprecedented analysis of the impact our LGBT-owned businesses make on our economy.  This is OUR story!
Now is the Time to Get Certified!


 
This groundbreaking report serves as a powerful reminder of the benefits of LGBT certification and the collective strength of our business community.
 
If you’ve considered certification before or know a business owner who is eligible, now is the time to begin the process. The certification process is simple and made easier with help from the members of the NGLCC Supplier Diversity Team.
 
Visit www.nglcc.org/get-certified to learn about the process.
 

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