When it comes to starting businesses, women in Utah have shined in the past decade and a half.
The state has an estimated 72,800 women-owned firms, employing 58,300 workers, and those companies are expected to generate $13 billion in sales this year.
More telling, Utah is ranked seventh nationally in the number of firms (73.4 percent) added in the past 16 years and fifth in growth of company revenue (156.7 percent), according to the State of Women-Owned Businesses Report, commissioned by American Express OPEN.
By comparison, the number of women-owned businesses has increased 59 percent nationally since 1997, according to the analysis of data from the U.S. Census Bureau. Salt Lake Tribune
