2012 State of Women-Owned Businesses

NEW YORK — Women-owned firms continue to grow in number and economic stature. They are standing toe-to-toe with competitors in a broad range of industries, including construction and transportation, where women-owned firms are just as likely as all firms in those sectors to generate more than half a million dollars in annual revenue. The growth in the number (up 54%), employment (up 9%) and revenues (up 58%) of women-owned firms over the past 15 years exceeds the growth rates of all but the largest, publicly-traded firms. As of 2012, it is estimated that there are more than 8.3 million women- owned businesses in the United States, generating nearly $1.3 trillion in revenues and employing nearly 7.7 million people according to the second annual State of Women-Owned Businesses Report, commissioned by American Express OPEN.

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