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