The growth of businesses owned by women has dwindled dramatically in South Florida since the recession, falling far behind the national pace, a recent report concludes.
The number of new businesses, revenue and number of employees all have lagged, according to a report released in late May by American Express Open.
More findings from the report
Some additional findings from the 2015 State of Women-Owned Businesses analysis include:
The industries with the highest concentration of women-owned firms are healthcare and social assistance (53 percent of firms in this sector are women-owned, compared to a 30 percent share overall), educational services (45 percent), other services (42 percent), and administrative support and waste management services (37 percent).
The states with the fastest growth in the number of women-owned firms between 1997 and 2015 are:
The states with the slowest growth in the number of women-owned businesses between 1997 and 2015 are:
Among the 25 most populous metropolitan areas, the cities with the highest combined economic clout for women-owned firms over the 2002-2015 period are:
San Antonio, Texas
Source: Fith annual “State of Women-Owned Business Report,” commissioned by American Express OPEN (2015). Research provided by Womenable.