Women-Owned Business Statistics
CALIFORNIA IS NUMBER ONE...
- in the number of women-owned firms745,749!
- in number of employees working for women-owned firms1.4 Million!
- in revenues generatednearly $200 Billion!
- with greatest number of minority-owned firmsmore than 258,000!
- with the greatest number of African-American, Hispanic, Native American
and Asian and Pacific Islander women-owned businesses.
- Los Angeles-Long Beach corridor has more women-owned companies than any
other region in the nation!
ENVIABLE FACTS
- CALIFORNIA'S 745,749 majority-women-owned firms account for 29% of all
privately-held firms statewide.
- Women-owned firms from 1997 to 2002 increased by 7%, their employment grew
by 50%, and sales increased by 62%.
- 140,053 women-owned employer firms grew by 36% from 1997 to 2002nine
times the growth rate of all employer firms in the state.
- Orange County ranks #10 for women-owned firms, and Sacramento, San Diego,
Oakland, San Francisco, and San Jose all rank in the top 50 nationwide.
- Oakland ranks third (32.5%) and Sacramento and San Francisco (30.8%) are
tied for 10th among metropolitan areas having the greatest numbers of women-owned
firms.
- California ranks as the third leading state where minority women-owned
firms comprise the greatest share of all women-owned firms (35%).
NATIONAL WOBs
- There are 6.2 million women business owners in the US (which does not include
women who own less than 51% nor companies publicly traded).
- Businesses owned by women of color now represent 20% of all women-owned
firms and are growing in number at rates exceeding all women-owned firms and
the national average .
- Highest growth of women business owners is predominantly in the larger firms.
- 42% of the new generation women business owners indicated that they are
striving for continued growth over the next five years as they expand their
businesses.