Stats & Facts – Week of March 6, 2017
Published on March 8, 2017
Read time: 1 minute
International Women’s Day was celebrated this week. In that theme, we’ve focused on stats & facts directly related to women and the economy.
A major national impact
Women own 11.9 million firms in the U.S., employing more than 9 million people and generating more than $1.4 trillion in sales as of 2016.
State-wide powerhouse
Alabama has an estimated 153,000 women-owned firms, employing just over 111,000 people with combined sales of $19 billion.
We’re growing
Alabama ranks 15th in the nation of women owned businesses with a growth rate of 42%.
Huntsville’s numbers
The latest U.S. Economic Census reports the City of Huntsville has approximately 6, 565 women owned firms, accounting for 39% of all firms in the City of Huntsville.
Resources for women-owned businesses in Huntsville include the Chamber of Commerce of Huntsville/Madison County , The Catalyst , and the Women’s Economic Development Council .
Stats & Facts is a weekly series covering City of Huntsville economic development announcements, relevant national and regional statistics that could impact the Rocket City region and informational nuggets that span industries. It is compiled by Business Relations Officer Harrison Diamond.
