This is from American Express OPEN about a new study on women-owned firms.
Florida overall has an estimated 587,600 (235,200 in Miami) women-owned firms, employing 473,100 (140,000 in Miami) and attributing to roughly $77.6 billion ($26.9 billion in Miami), according to the State of Women-Owned Businesses Report, commissioned by American Express OPEN, a comprehensive study released today analyzing data from the U.S. Census Bureau.
Similar to the first report released this time last year, the unique analysis, reported by industry, revenue and employment size at the national, state and top 25 metropolitan levels, shares a new and nuanced investigation into the growth trends among the 8.3 million women-owned enterprises over the past 15 years.
Nationally, the number of women-owned businesses has increased by 54% since 1997. Florida is ranked 6th (73.9%) in growth of number of firms over the past 15 years and 30th (60.8%) in growth of firm revenue between 1997 and 2012. Out of the top 25 metropolitan areas, Miami is ranked 12th (30.1%) in growth of number of firms and 21st (24.4%) in growth of firm revenue.
Other key findings pertaining to Florida and Miami include:
Florida is ranked 4th among the top 10 states with the greatest number of women-owned businesses; it was ranked 4th in 1997 as well.
Miami is also ranked 4th among the 10 largest metro areas for women-owned businesses.
The state’s percentage change in employment (27.4%) is a little more than three times the national average (8.8%).
You can also access the full report here: www.OPENForum.com/womensbusinessreport.