<a href='https:&#47;&#47;www.sba.gov&#47;sites&#47;default&#47;files&#47;advocacy&#47;Womens-Business-Ownership-in-the-US.pdf'><img alt='Industry Distribution ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;In&#47;IndustryDistributionbyGender&#47;IndustryDistribution&#47;1_rss.png' style='border: none' /></a>

A new issue brief from the SBA Office of Advocacy shows the major economic contribution of women-owned businesses, in spite of their average smaller size when compared to male-owned firms. The report, "Women's Business Ownership: Data from the 2012 Survey of Business Owners," uses the most recent Census Bureau data to create a highly detailed portrait of this group, including their role in minority business communities.

The report's findings include the following:

  • The 9.9 million businesses that are majority-owned by women contribute $1.4 trillion in sales to the economy.
  • Thirty-six percent of all businesses are women-owned, accounting for 12% of all business sales and 15% of employment.
  • Industries with the most women-owned employer firms range from restaurants to physicians and management consulting.
  • Women own a larger share of businesses in every minority group compared to their overall share of businesses (36%). Almost 60% of Black/African American-owned businesses and 44% of Hispanic-owned businesses are women-owned.

Advocacy's new research takes a closer look at important factors regarding the longstanding differences between male- and women-owned firms' sales and employment. Among other items, the report evaluates the industry distribution and business characteristics, like age and financing, of women-owned businesses. Featuring interactive charts, users can now easily understand the gender composition and performance of women-owned businesses in hundreds of industries.

The new issue brief is available on the Office of Advocacy's website here (number 13) or here.

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