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Women In Business

Date: 09/08/2006 | Category: Business | Author: Claire Reid

The SBA released its report “Women in Business: A Demographic Review of Women’s Business Ownership” in August 2006. Here are just a few of the highlights:

  • In 2004, there were 53 million American professional workers: about 28 million women and 25 million men.
  • Between 1997 and 2002, the numbers of women-owned firms overall increased by 19.8 percent and of women-owned employer firms, by 8.3 percent.
  • Over the 1997-2000 period, the firms owned by Asian American women had the highest. survival rate of 77 percent, compared with the other ethnic groups.
  • Most women-owned businesses (55 percent) were in the service sector.
  • By state, California had the largest number of women-owned firms in 2002 at 870,612. New York was second with 505,134 and Texas was third in number of firms with 468,705
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