March 28, 2012 (California) -- California is home to the greatest number of women-owned firms in the country, with an estimated 1,063,700 women-owned firms, employing 977,600 and attributing to roughly $189,529,000 billion as noted by the State of Women-Owned Businesses Report, commissioned by American Express OPEN.
Similar to the first report released this time last year, the unique analysis, reported by industry, revenue and employment size at the national and state levels, shares a new and nuanced investigation into the growth trends among the 8.3 million women-owned enterprises over the past 15 years.
Nationally, the number of women-owned businesses has increased 54% since 1997. California is ranked 20 (51.8%) in growth of number of firms over the past 15 years and 33 (56.4%) in growth of firm revenue between 1997 and 2012.
To flesh out more on the state of California women-owned businesses, American Express OPEN can put the public in contact with Julie Weeks, American Express OPEN Research Advisor, who can run through the data and weigh-in on key state-based or national findings. American Express OPEN can also offer interested parties California-based women business owners who can provide firsthand accounts of their situations.
See Table comparing California’s Women-Owned Firms data to the national numbers.
The full State of Women-Owned Businesses Report, commissioned by American Express OPEN, is available at: http://www.openforum.com/womensbusinessreport.
"Bin Laden is dead and General Motors is alive"
In a blistering speech Thursday in New York, Vice-President Joe Biden suggested that Democrats print a campaign sticker: "Bin Laden is dead and General Motors is alive." Biden also touted President Obama's foreign policy recordas reported by Michael A. Memoli in the Los Angeles Times.
U.S. likely to see profit on bailouts
The government may gain up to $163 billion over the next 10 years, the Treasury says, according to a story by Jim Puzzanghera in the Los Angeles Times, April 14, 2012. The Obama administration probably will make a profit on all the bailout money spent to prop up banks and other companies, as well as struggling homeowners, devastated by the Great Recession, according to the latest federal projections, again according to the story by Jim Puzzanghera. Over the next 10 years, the taxpayer-funded bailout could produce as much as $163 billion in profits, in a best-case scenario, from re-payments, stock sales, dividends and interest paid by banking and insurance firms, mortgage finance companies and automakers, as stated in the Los Angeles Times story by Puzzanghera.