Ms. magazine  -- more than a magazine a movement

SIGN UP FOR MS. DIGEST, JOBS, NEWS AND ALERTS

FEMINIST WIRE NEWSBRIEFS

ABOUT
SEE CURRENT ISSUE
SHOP MS. STORE
MS. IN THE CLASSROOM
FEMINIST DAILY WIRE
FEMINIST RESOURCES
PRESS
JOBS AT MS.
READ BACK ISSUES
CONTACT
RSS (XML)
 
feminist wire | daily newsbriefs

March-29-96

One-Third of U.S. Businesses are Owned by Women

New data from the Census Bureau has found that women own one-third of all U.S. businesses, employing 26 percent of the nation's work force. Sales from the 7.95 million women-owned businesses jumped 236 percent since 1987, and employment in those businesses rose to 18.5 million workers from only 6.6 million in 1987. According to the National Foundation for Women Business Owners, the number of women-owned companies increased 78 percent in the last nine years while growth among U.S. firms was only 47 percent. The state with the largest number of women-owned businesses was California, and Nevada had the fastest rate of growth. Although the largest share of women-owned companies was in the service sector, growth was "explosive" in nontraditional industries such as construction.

A Washington Post article earlier this month indicated that in the greater Washington, D.C. area, women-owned businesses accounted for 39 percent of businesses in the region in 1992. Specialists attribute the higher numbers to the presence of the federal government and credit affirmative action programs for the overall increasing numbers.

Media Resources: The Nando Net and the Associate Press - March 28, 1996


© Feminist Majority Foundation, publisher of Ms. magazine

If you liked this story, consider making a tax-deductible donation to support Ms. magazine.

 

 

Send to a Friend
Their
Your
Comments
(optional)


More Feminist News

7/24/2014 Feminist Leaders and Activists Rally for the Equal Rights Amendment - This morning, Congresswomen Carolyn Maloney (D-NY) and Jackie Speier (D-CA) led a solid crowd of Equal Rights Amendment activists and supporters just beyond the steps of the U.S. . . .
 
7/24/2014 From Passion to Progress Briefing Brings Together Feminist Leaders and Hundreds of Young Activists - Feminist Majority Foundation (FMF) staff, two congresswomen, and over a hundred DC interns came together yesterday for FMF's Intern Student/Activist briefing in Dirksen Senate building to discuss how to put a women's rights agenda into action. Over plates of donuts and cups coffee, participants listened to a succession of engaging and passionate speeches from congressional and feminist leaders: Representative Jackie Speier (D-CA), Representative Carolyn Maloney (D-NY), and FMF President Eleanor Smeal. . . .
 
7/23/2014 100 Days Vigils Held To Support Rescue of Kidnapped Nigerian Schoolgirls - 100 days ago today, more than 270 schoolgirls were kidnapped in Nigeria by Boko Haram. . . .