Women-owned businesses create $4.2 billion of Idaho economy
Idaho has about 36,300 women-owned businesses that employ more than 33,000 people and contribute about $4.2 billion to the state's economy, according to a report based on U.S. Census data.
The report by American Express said Idaho ranks 25th in the nation for growth of women-owned companies, and 15th in the nation for their revenue growth since 1997.
The number of Idaho companies owned by women has grown 41 percent since 1997, compared with the national growth rate of 50 percent.
However, the women-owned business workforce had a larger growth spurt in Idaho than in the U.S. That segment of employees in Idaho has grown about 29 percent since 1997, or more than three times the national average of about 8 percent, according to the data.
To see the full report, go to http://www.openforum.com/women.
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Jess Flynn