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Home | Front Page News | Maine's State of Women-Owned Firms

Maine's State of Women-Owned Firms

 

Maine has an estimated 40,800 women-owned firms, employing 30,100 and attributing to roughly $3.6 billion according to the American Express OPEN State of Women-Owned Businesses Report, a comprehensive study released today analyzing data from the U.S. Census Bureau. 

 

Similar to the first report released this time last year, the unique analysis, reported by industry, revenue and employment size at the national, state and top 25 metropolitan levels, shares a new and nuanced investigation into the growth trends among the 8.3 million women-owned enterprises over the past 15 years. 

 

Nationally, the number of women-owned businesses has increased by 54% since 1997.  Maine is ranked 41st  in growth of number of firms over the past 15 years and 50th  in growth of firm revenue between 1997 and 2012. 

 

Trend in Women-Owned Firms by State, 1997-2012 

 

Women-Owned Firms 

% Change, 1997-2012

1997

2002

2007

2012 (est.)

Total US

         

Number of Firms

5,417,034

6,489,483

7,793,139

8,345,600

54.1%

Employment

7,076,081

7,146,229

7,579,876

7,697,000

8.8%

Sales ($000)

$818,669,084

$940,774,986

$1,202,115,758

$1,291,267,100

57.7%

Maine

         

Number of Firms

30,598

32,512

38,490

40,800

33.3%

Employment

28,263

26,510

29,648

30,100

6.5%

Sales ($000)

$3,212,307

$3,282,306

$3,541,893

$3,638,900

13.3%

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