Houston Minority Supplier Development Council, President
HMSDC MBEs have a total economic impact of $22.8 billion which is composed of over $17.1 billion dollars in output that results in the creation and/or preservation of more than 67 thousand jobs held by persons who find themselves either directly or indirectly employed by HMSDC certified MBEs. These are jobs that not only support individuals, but also contribute to the economic well-being of their families, their communities, the territories covered by the HMSDC and far beyond through more than $4.2 billion in salaries and benefits. This is particularly striking in a time when unemployment is at an all-time high within many minority communities. These same minority suppliers are also generating over $1.4 billion in tax revenue (local, state, and federal).
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