A new report from Wells Fargo finds that the growth of women-owned businesses outpaced men’s for revenue, employment, and firms in 2023. In the United States, 14 million women-owned businesses exist, employing 12.2 million people and generating $2.7 trillion in revenue. The report concludes that women-owned businesses make significant contributions to the economy and have the potential for greater impact.
Read the report: https://www.wippeducationinstitute.org/_files/ugd/5cba3e_96b999d23fb04d8eb488192a179781d4.pdf
Read Wells Fargo’s press release: The Growth Of Female Business Owners