The Impact of Women-Owned Firms on the US Economy

A study done by the Center for Women’s Business Research estimates that women-owned businesses produce jobs for 16% of the US workforce, contribute nearly $3 trillion to the economy, and create or maintain roughly 23 million jobs! This proves the huge significance that women-owned firms have on our economy, even during a downturn. Some other interesting findings include:

> if women-owned firms were their own country, they would have the 5th largest GDP in the world, ahead of France, the UK and Italy.

> if women-owned firms were their own country, they would have a GDP greater than Canada, India, and Vietnam combined.

Click here to read more from the Center for Women’s Business Research.

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One thought on “The Impact of Women-Owned Firms on the US Economy

  1. This is great confirmation of the economic strength of women enterpreneurs, and we at the National Women's Business Council are proud to have funded this study in part. We are grateful to you, Marsha, for posting this study.

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