Women-Owned Businesses Increase 59% Since 1997, Study Says

04/15/2013 12:20 pm ET
  • Los Angeles Times

The number of businesses owned by women in the United States has increased 59% since 1997, according to an estimate from American Express.

Those 8.6 million firms are generating more than $1.3 trillion in revenue and employing nearly 7.8 million people, according to the 2013 State of Women-Owned Businesses Report from American Express Open, a small-business arm of the company.

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