Women-owned Business in United States represent a major source of economic growth
- Over the past six years, since the depth of the U.S. recession, the only businesses that have provided a net increase in employment are large, publicly traded corporations… and privately held majority women-owned firms. In all other privately held firms, employment has declined over the 2007–2013 period (WBENC, 2014).
- Women will create over half of the 9.72 million new small business jobs expected to be created by 2018. It’s a surprising statistic, especially considering that women-owned businesses only created 16 percent of total U.S. jobs that existed in 2010. (Entrepreneurship Is The New Women’s Movement, Forbes 2013)