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In 2007, our total U.S. spending with minority- and woman-owned businesses declined, reflecting an overall reduction in total U.S.-based manufacturing procurement spending as well as ownership status changes for several HP suppliers that were previously minority-owned. Despite this overall decline, we exceeded our targets for total spending with small businesses and woman-owned small businesses (see Goals).
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U.S. supplier diversity purchasing
results1,2
[millions $U.S.] |
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| Category |
2004 |
2005 |
2006 |
2007 |
| Total small
businesses |
$3,040 |
$3,011 |
$3,510 |
$3,106 |
| Minority-owned
small businesses |
$909 |
$1,052 |
$1,150 |
$670 |
| Women-owned
small businesses |
$362 |
$407 |
$380 |
$440 |
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1 All
figures are for U.S. purchases from U.S.-based businesses.
2 Data is for the 12-month period ending September 30
of the year noted.
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