Over the past 14 years, the number of women-owned businesses has grown at a rate that exceeds the national average—one and a half times the national average to be exact. The release of the latest business statistics in December 2010 by the U.S. Census Bureau allows for an updated analysis of trends. This new investigation reveals a slowdown in this growth of the number of women-owned businesses as well as a lag in employment and revenue growth—but not where you might think. New statistics on firm size, sales, revenue and employment trends can help inform future business planning, public policy development and entrepreneurial support activities. The State of Women-Owned Businesses Report also highlights some of the issues preventing women-owned businesses from reaching their full potential.
Want to learn more? Read the full report: The American Express OPEN State of Women-Owned Businesses Report.
In this report you will find:
- A summary of the state of women-owned businesses today.
- Detailed national, state and industry trends.
- Greater insights about growth: positive overall, but not all the way along the growth continuum.
- A new way of looking at trends, which can help increase your understanding of the entrepreneurial marathon.