In report, Florida ranks third in growth of female-owned businesses

The State of Women-Owned Businesses Report analyzes data from the U.S. Census Bureau’s Survey of Business Owners.

By Business Observer Staff
| 6:00 a.m. October 18, 2019
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File. Deanna Wallin is founder and CEO of Naples Soap Co. The company has 11 retail locations in Florida.

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Women are winning at business.

So much so that, according to a recent report, female-owned businesses are growing two times faster on average than all businesses nationwide. The report, the ninth annual State of Women-Owned Businesses Report, commissioned by American Express, analyzes data from the U.S. Census Bureau’s Survey of Business Owners. The report uses data to show the impact of female-owned businesses on the U.S. economy.