The number of women-owned businesses in Connecticut increased 35 percent since 1997 and sales at those firms increased 67 percent, according to a census analysis.
An analysis by American Express Open of business census data since 1997 estimates the number of Connecticut businesses owned by women increased to 97,800 this year. Those businesses will have $15.5 billion in sales and employ 92,200 workers in 2013, according to the study.
Click here to read Hartford Business Journal’s profile of the 2013 Women in Business Winners.
The American Express analysis showed Connecticut still lags behind the 59 percent national average in growth among women-owned businesses since 1997.
Connecticut firms did perform better than the national average in hiring employees (up 17 percent in the state vs. 10 percent nationally) and in sales growth (67 percent vs. 63 percent).
