Advertise Here

Office Hours

Women own 8.1 million businesses

Women own 8.1 million businesses in the United States, and new business starts exceed the rate for all groups, according to a study released Thursday by American Express.

The study, based on U.S. Census Bureau data, found the rate of increase for women-owned businesses in Washington and Idaho trails the national average, but revenues are growing at a significantly faster pace.

The number of business owned by women increased 50 percent from 1997 to 2011, the study says.

The rate of increase in Washington, with 86,700 businesses, was 35.1 percent. In Idaho, where women own 36,300 businesses, was 40.9 percent.

Nationally, revenues grew 53 percent, to $1.3 trillion. Revenues in Washington increase 65.4 percent to $25 billion. In Idaho, the total $4.2 billion was an 75.7 percent jump.

Women-owned businesses employ 7.7 million workers; 439,600 in Washington, 120,600 in Idaho.

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Office Hours

Get blog updates by email

About this blog

The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

Sign up for our business email newsletter
Latest comments »

Read all the posts from recent conversations on Office Hours.


Alison Boggs (@alisonboggs) Online Producer Alison Boggs posts and manages content on and its social networking accounts.

Recent work by Alison

Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

Search this blog
Subscribe to this blog
Advertise Here