top of page
Writer's pictureKen Larson

Women Are Leading The Way In The Business World


“SCORE”

The 2019 State of Women-Owned Business Report by American Express found that the number of women-owned businesses climbed to nearly 13 million, representing 42% of all businesses in the United States.


Women-owned businesses employ 9.4 million workers and generate $1.9 trillion in annual revenue.

_____________________________________________________________________________

“Women businesses are concentrated in professional, scientific, and technical services and health care and social assistance industries. Table 1 shows the industries with the largest number of workers employed by women-owned firms. The top employment industries are health care; accommodation and food services; and administrative and support. These three sectors account for 47% of total industry employment by women-owned businesses.


42% of women-owned businesses are young firms that have been operating for 5 years or less (Figure 2). These young businesses employed a quarter of workers of women-owned businesses with roughly one-fifth of payroll. About 40% of women-owned firms are mature firms aged 11 years or more, employing 59% or workers, and generating 70.4% in sales with 65% in payroll.”




3 views0 comments

Comentários


Post: Blog2_Post
bottom of page