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Report: Companies Owned by Women of Color Account for 89 Percent of All New Women-Owned Businesses
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Report: Companies Owned by Women of Color Account for 89 Percent of All New Women-Owned Businesses

Stacy M. Brown NNPA Newswire Senior CorrespondentMarch 12, 2020

The annual report, based on U.S. Census Bureau data adjusted by Gross Domestic Product data, found that women-owned businesses continue to trend above all others. Over the past five years, the number of women-owned businesses increased by 21 percent, while all enterprises increased by only 9 percent.