Business Briefs

State Ranks No. 1 in Growth of Women-Owned Companies

Florida ranks first in the nation for growth in the number of women-owned businesses since 2007, with an 87.8 percent increase, according to the eighth annual State of Women-Owned Businesses Report. Commissioned by American Express, the research analyzes data from the U.S. Census Bureau’s Survey of Business Owners and factors in relative changes in Gross Domestic Product (GDP).

The state ranked 38th in growth of jobs created, with a 7.4 percent increase, and 31st in growth of revenues, with a 29.8 percent increase.

Here are some statistics:

• Women-owned businesses in Orlando: 131,300
• Number of people they employ: 71,100
• Sales they record: $12.4 million
• Women-owned businesses in Florida: 1,091,200
• Number of people they employ: 505,400
• Sales they record: almost $99.8 million
• Women-owned businesses in the United States: 12.3 million
• Number of people they employ: 9.2 million
• Sales they record: $1.8 trillion

Want More i4? Subscribe to the Magazine.

About the author

i4 Business

i4 Business magazine has become one of the most trusted voices for and about the Central Florida business community. Each month through our print and digital platforms, we provide access to meet, to learn from and to learn about some of the incredible entrepreneurs and business leaders who are shaping our region.

Add Comment

Click here to post a comment