Hawaii’s women-owned businesses up in numbers and by revenues, report finds

The fourth annual American Express State of Women-Owned Businesses report shows positive trends for women-owned businesses in Hawaii and across the nation.

In 1997, Hawaii had 25,807 women-owned firms, which steadily increased to 37,373 in the 2007 census. It is estimated that there are now 42,500 women-owned businesses in Hawaii for 2014. That places Hawaii at No. 16 in terms of growth of number of firms, with a 64.7 increase in the amount of women-owned businesses since 1997.

Furthermore, total sales of the 25,807 women-owned businesses in 1997 reached $3.3 billion, which has steadily climbed to a projected $5.7 billion for 2014. That places Hawaii at No. 24 in terms of firm revenue growth by state since 1997.

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