1. Home
  2. Business & Finance
  3. Women in Business

Statistics on the Rapid Growth in the Number of Women-Owned Businesses
WOB Growth Statistics Broken Down by Industry

By , About.com Guide

In recent years (1997-2006) women-owned businesses have experienced rapid growth in certain industries. The most impressive growth can be seen in the service sector.

The following Table 1 breaks down the growth rate among women business owners, showing the industry, the total number of businesses, and the percentage of increase represented for the period 1997-2006.

Table 1
Industry Growth for WOB (1997-2006)
IndustryMillion FirmsPercent of Growth
Services5.369.0
Retail Trade1.1130.0
Real Estate, Rental & Leasing0.6116.8

The following Table 2 breaks down the growth rate among women business owners, showing the industry sector, and the percentage of increase in growth for the period 1997-2006.

Table 2

Industry Growth for WOB by Sector(1997-2006)
SectorPercent of Growth
Wholesale trade 283.4
Health Care & Social Assistance Services130.0
Arts, Entertainment & Recreation Services116.8
Professional, Scientific, & Technical Services82.7

Source:

”National Numbers: Women-Owned Businesses in the United States (2006).” Center for Women’s Business Research. Access Date: April 23, 2008.

Explore Women in Business
About.com Special Features

10 Things You Can Do Today to Improve Your Credit

Easy steps to take control of your credit card debt. More >

Holiday Central

What to eat, where to go, fun things to do and how to save money on the perfect gifts. More >

  1. Home
  2. Business & Finance
  3. Women in Business
  4. Growing Your Business
  5. WIB Trends and Statistics
  6. Statistics - WOBs
  7. Women-Owned Business Growth – Statistics on Women-Owned Business Growth>

©2009 About.com, a part of The New York Times Company.

All rights reserved.