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Disclaimer in relation to links to third party websites

We provide a curated list of credible websites and statistical sources that shows awareness to build a female-majority engagement

  • Women own 4 out of every 10 businesses in the U.S.

  • Women-owned businesses generate $1.8 trillion revenue. (Note, this is just 4.3% of the total private sector revenue.)

  • Businesses owned by women of color grew by 163% between 2007 and 2018.

  • 25% of women were likely to seek financing for their business, compared to 34% of male entrepreneurs. More women use credit cards, while more men use equity investors.

  • Industries with the highest growth rates in terms of number of women-owned businesses include utilities (151% growth), other services - salons, pet care, and other similar types of businesses. (126%), construction (94%), accommodations and food services (85%), and administrative, support and waste management services (70%).

  • About 42% of the women surveyed are also currently using or exploring the use of one advanced technology

 

For more in-depth information and statistics, please read the:

State of Women-Owned Businesses report, commissioned by American Express

 

The Megaphone of Main Street: Women’s Entrepreneurship, Spring 2018

2018 Bank of America Women. Business Owner Spotlight