News From Terre Haute, Indiana

April 14, 2013

More than 137,000 women own firms in Indiana

The Tribune-Star

TERRE HAUTE — Indiana has an estimated 137,100 women-owned firms, employing 156,600 workers and contributing  almost $23 million to the economy, according to the third annual State of Women-Owned Businesses Report.

The report is commissioned by American Express OPEN, a comprehensive report released this month, analyzing the 1997, 2002 and 2007 data from the U.S. Census Bureau’s quinquennial business census, the Survey of Business Owners.

The analysis presents an investigation into the growth trends among the 8.6 million women-owned enterprises that have been studied over the past 15 years, reported by industry, revenue and employment size at the national and state levels,

Nationally, the number of women-owned businesses has increased 59 percent since 1997. Indiana is ranked 45 (28 percent) in growth of number of firms over the past 16 years and 27 (69.2 percent) in growth of firm revenue between 1997 and 2013.