March is National Women’s Month—Women Owned Businesses Continue to Achieve Excellence and Grow in Numbers

Written By Brian Duryea

  • In 1987, Congress passed Public Law 100-9, which designated March as Women's History Month. 

  • President Reagan issued the first proclamation for Women's History Month also in 1987. 

  • Since 1995, every president has issued an annual proclamation. 

·        In 2023, 39.1% of all US businesses were owned by women, or about 14 million businesses. 

·        This is a 13.6% increase from 2019. 

  • Women-owned businesses employ 12.2 million workers.

  • Women-owned businesses generate $2.7 trillion in revenue.

  • From 2019 to 2023, the number of women-owned businesses grew nearly double the rate of those owned by men.

  • Clients continue to demand to see excellence in representation and demand that women lead the charge—not just in the room as window dressing—and the results are powerhouse resources.

Brian Duryea
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