Shop Talk Blog

Women-owned business increasing rapidly in NC

The number of women-owned business in North Carolina has increased nearly 98 percent since 1997, ranking it third in the nation in growth of those firms over the past 18 years, according to a recent report released by American Express Open.

However, North Carolina women-owned firms’ revenues increased only 51.8 percent, which falls in the 45th position nationally.

North Carolina has an estimated 276,300 women-owned firms, employing 271,400 and attributing to roughly $36,680,600 to the economy, according to the fifth annual State of Women-Owned Businesses Report.

Nationally, the number of women-owned businesses has increased 74 percent since 1997.

To read the full report go here.