LGBTQ-owned companies are rising in San Diego

SAN DIEGO (FOX 5/KUSI) — 4 years after the COVID-19 pandemic, each state in america noticed a rising pattern in new companies opening final 12 months when in comparison with each 2022 and pre-pandemic ranges, in keeping with a current report by Yelp.

The variety of minority-owned companies additionally grew final 12 months, with San Diego inserting fourth within the prime 5 metropolitan areas that noticed an increase in LGBTQ-owned enterprise openings. In accordance with Yelp, the variety of LGBTQ-owned companies grew 48% from the 12 months earlier than in San Diego.

This comes as no shock after San Diego was named one of the LGBTQ-friendly metro areas within the U.S. by Intelligent Actual Property.

The opposite 4 cities on the checklist included Orlando, Fla. (72%), Philadelphia, PA. (67%), Washington, D.C. (55%) and Boston, Mass. (38%).

The nationwide common enhance in complete new enterprise openings final 12 months was 20%, with 29% being LGBTQ-owned, 28% being Latinx-owned, 24% being Black-owned, 17% being women-owned and 16% being Asian-owned.