In its eighth annual
State of Women-Owned Businesses Report, American Express found that women-owned businesses now employ 9.2 million people and generate $1.8 trillion in revenue. Further, women started new businesses at the rate of 1,821 a day between 2017 and 2018.
Businesses started by women that generated revenues of more than $1 million a year increased 46 percent in the last 11 years, compared to a 12 percent increase for all businesses, per AMEX.
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