Women-Owned Businesses Grew 114 Percent from 1997 to 2017

According to the 7th Annual State of Women-Owned Businesses Report, women-owned businesses have increased by 114 percent in the last 20 years and are growing at 2.5 times the national average—women are currently starting an average of 849 new businesses per day. The report, commissioned by American Express OPEN, also found that businesses owned by women of color have grown 467 percent since 1997.

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