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$5.1 Trillion In Buying Power — Now What? ESSENCE Fest Panel Urges Greater Collaboration Among Black And Brown Businesses

Summary by Essence
By Oumou Fofana ·Updated July 4, 2025 The message was loud and clear: Black and Brown communities already have the economic power—they just need to use it together.That was the rallying cry at the 2025 ESSENCE Festival of Culture in New Orleans on Friday, July 4, during a panel titled “We Drive Prosperity: Impact of Black and Brown Businesses on the Economy.” Held at the Ernest N. Morial Convention Center, the session brought together changemake…

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425 Magazine broke the news in on Thursday, July 3, 2025.
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