“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.“
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“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.”
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