IN LOS ANGELES:
Being one of the fastest-growing metropolitan cities in the U.S., Los Angeles has embraced the hard working women business owners whom account for more than a third of revenue for LA County. As of 2014, there are an estimated 427,800 privately-held women-owned firms in Los Angeles County — the second highest number of women-owned businesses in a metropolis nationwide (following New York). This number has grown 23.8% since 2002 and accounts for 43.1% of the revenue for Los Angeles County.
California boasts the number one slot for the state with the highest number of women-owned firms and is the only state in which there are over 1 million women-owned firms. As of 2014 there are 1,114,900 privately-held women-owned firms in California contributing to the economy. Since 1997 there has been a 59.2% growth rate of these businesses.
IN THE UNITED STATES:
As of 2014, there are an estimated 9,087,200 women-owned businesses in the U.S. that have generated $1,410,940,800 in sales and employing nearly 7.9 million people. Women-owned firms account for 30% of all privately held firms and contribute 12% of employment and 11% of revenues. One in five firms with revenue of $1 million or more is woman-owned.