According to our 2018 Women in the Housing Ecosystem (WHER) Report, women are on the rise. There are 114 percent more women-owned businesses in the nation than there were two decades ago and the growth of women-owned businesses is taking place 2.5 times faster than the national average, with women starting an average of 849 new businesses per day.
Small businesses owned by minority women, especially African-American women, have grown exponentially over the past 20 years. Firms owned by minority women comprise 46 percent of all women-owned firms, have over 2 million employees combined, and generate at total of $361 billion in revenue.
Even with these inroads, women, especially women of color, still face significant obstacles in achieving gender and economic equality. Women only make up 1 out of 5 C-suite leaders, with women of color making up only 1 out of 30. Although single women have outpaced single men in homeownership since 1986, women still face unique obstacles in obtaining wealth, including earning 80 cents for every dollar males earn, a workforce gender gap, a “pink tax” as consumers, and increased student loan debt. And despite an overall decrease in poverty levels, single female householders are below the poverty level rate at twice the poverty rate of single male householders.
For more on our WHER, you can check out our 2020 report here!
When you register with Women in the Housing & Real Estate Ecosystem (NAWRB) as a Strategic Partner, you will help fund much needed research into the data that will help institutions drive change, become a partner in events and conferences that include some of the biggest thought leaders in the industry, and will help fund the development of resources for women-owned businesses and women executives across the housing and real estate ecosystem.
Find your level of Strategic Partnership. Contact us at 949-559-9800 for direct assistance.