April 5, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Utah Seventh in Growth of Woman-Owned Businesses

Press Release

April 5, 2013

Utah has an estimated 72,800 women-owned firms, employing 58,300 and attributing to roughly $13 billion, according to the third annual State of Women-Owned Businesses Report, commissioned by American Express OPEN, a recent report analyzing the 1997, 2002, and 2007 data from the U.S. Census Bureau’s quinquennial business census, the Survey of Business Owners.

Similar to previous annual reports released this time last year, the analysis, reported by industry, revenue and employment size at the national and state levels, shares a new and nuanced investigation into the growth trends among the 8.6 million women-owned enterprises over the past 15 years.

Nationally, the number of women-owned businesses has increased 59 percent since 1997.  Utah is ranked seventh in growth of number of firms over the past 16 years and fifth in growth of firm revenue between 1997 and 2013.

Below is a table comparing Utah’s women-owned firms data to the national numbers.

 

 

Women-Owned Firms

 

 

 

% Change, 1997-2013

 

1997

2002

2007

2013 (est.)

 

Total US

 

 

 

 

 

Number of Firms

5,417,034

6,489,483

7,793,139

8,617,200

59.1%

Employment

7,076,081

7,146,229

7,579,876

7,754,600

9.6%

Sales ($000)

$818,669,084

$940,774,986

$1,202,115,758

$1,335,095,100

63.1%

Utah

 

 

 

 

 

Number of Firms

41,991

48,475

61,468

72,800

73.4%

Employment

54,135

53,497

56,739

58,300

7.7%

Sales ($000)

$5,096,187

$5,920,242

$10,142,709

$13,079,800

156.7%

 

Utah Business Social
UB Events View All
CXO of the Year 2015Utah Business Event
Jun 25, 2015
Utah Business Magazine along with Stoel Rives - are proud to present the 2015 CXO of the Year Awa...
Fast 50 - NOMINATIONS OPENUtah Business Event
Aug 27, 2015
NOMINATIONS OPEN -- Deadline June 26, 2015 Nomination Forms The top 50 companies will be se...
Job Summit - POSTPONED UNTIL FALL 2015 Utah Business Event
Sep 24, 2015
NOTE: The date listed below is not secured. We will update as the event gets closer. Thank you ...
Community Events View All
Utah's Go Grey in May 5K to End Brain Cancer
May 25, 2015
Utah's 6th Annual Go Grey in May 5k Walk/Run/Roll to End Brain Cancer Hosted by Utah Brain Tumor...
Complimentary Workshop: Sandler Foundational Selling Strategies
May 26, 2015
How committed are you to improving your sales process, techniques and mindset? Sandler Trainin...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel