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- Logan Hochstetler
- Research Papers
- Business Research
Economic Impact of Women-owned Businesses in US
The Economic Impact of Women-Owned Businesses in the United States
The Center for Women’s Business Research, with support from Walmart and the National Women’s Business Council, undertook a study to establish the economic impact of womenowned businesses on the U.S. economy. Women-owned businesses are defined as privatelyheld firms in which women own 51 percent or more of the business. This study provides a clear picture of the value and impact of this segment to the economy and a roadmap for the future. Women-owned businesses are growing at twice the rate of all businesses and have done so for nearly three decades. It makes good business sense for government and each community to support these firms by providing knowledge, skills and tools for their growth.
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