What you need to know about demographic changes that will affect your bottom line
Greetings from the Central & North Florida Minority Supplier Development Council, Inc. The cnFMSDC is an affiliate of the National Minority Supplier Development Council, Inc., the nation’s largest minority business development organization.
cnFMSDC consists of more than 200 major firm that have minority purchasing programs, such as Walt Disney World Resorts, Lockheed Martin, Darden Restaurants and Office Depot.
Minority Purchasing Power...
According to the U.S. Census Bureau, the combined race and ethinic minority population will grow from 79 million in 2000 to 178 million in 2045. Projected increases in population will result in the minority share of the U.S. economy growing, as well. The current purchasing power of minorities is assessed at $1.33 trillion and is expected to rise to between $4.3 trillion and $6.1 trillion by 2045.
Get money-saving supplier diversity help.
cnFMSDC is a corporate member organization and our primary objective is to help corporations with their supplier diversity efforts. cnFMSDC is aware of the changes in the marketplace and our goal is to be responsive to the issues that affect what corporations need in today’s environment.
We look forward to working with you.