Women-owned businesses hire proportionately more women than do men-owned businesses. In 1992, 35 percent of women-owned employer firms reported that 75 percent or more of their work force was female, compared with less than 24 percent of the non-minority male-owned firms.
The number of women-owned businesses in the United States reached 6.4 million in 1992, comprising 33 percent of all businesses within the US. Women-owned businesses generated $1.6 trillion in revenues, and employed 13.2 million people.
In 1998, 30.2 million households, about 30 percent of the nation's total, were maintained by women with no husband present. In 1970, there were 13.4 million such households, comprising about 20 percent of all households. Unfortunately, this trend has been accompanied by the feminization of poverty and the lack of social support for single moms.
- from the US Census