Iowa is not keeping up with national growth when it comes to the number of women-owned businesses, according to the American Express OPEN State of Women-Owned Businesses Report.
Iowa has 69,400 women-owned firms, a 20.6 percent increase from 1997 that ranks 50th among the 50 states and Washington, D.C. in growth percentage. Total sales by women-owned firms in Iowa is an estimated $7.8 million, down 3.5 percent from 1997 and ranking 51st in growth percentage.
Nationally, the number of firms between 1997 and today has grown 54.1 percent and revenue has grown 57.7 percent.
To read the full report, click here.