Survey of Women-Owned Business Enterprises

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1997 Survey of Women-Owned Business Enterprises (SWOBE) Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ SMOBE OVERVIEW  Provides only comprehensive source of data on women-owned business enterprises.  Data needed to evaluate the extent and growth of business ownership and to provide a framework for assessing and directing private and government programs.  SWOBE is conducted in conjunction with the Survey of Minority-Owned Business Enterprises (SMOBE). Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ HISTORY  SWOBE was first conducted in 1972 as part of the economic census. Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ SCOPE AND COVERAGE  Virtually all nonfarm businesses with greater than $1,000 in receipts • In 1992, a small sample of C corporations was included in SWOBE to provide estimates for the U.S. at the industry division level only. • Full coverage of corporations was added in 1997. Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ SCOPE AND COVERAGE  Gender • For the 1997 survey, gender was defined as:     Male Female Equally male and female Other (includes publicly held, foreign-owned, and not for profit businesses)  Business Unit • Company Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ PUBLICATIONS  1997 products for the Survey of Women-Owned Business Enterprises released in March 2001.  1997 products for the Survey of Minority-Owned Business Enterprises released beginning in March 2001. • Black - released • Hispanic - released • Asians and Pacific Islanders • American Indians and Alaska Natives • Minority Summary • Company Summary Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ IMPROVEMENTS FOR 1997  Inclusion of all corporations  Women tabulations based on 51% ownership  Improved sample design  Addition of equally male- and female-owned category for gender  Separate tabulations for equally owned firms  State by 2-digit SIC data available  Fully inclusive estimates Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ IMPROVEMENTS FOR 1997  Data tabulated by firm in each industry and geography  Company Summary report  Data free on internet  Improved CD-ROM software Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Growth of Women-Owned Firms  The number of women-owned firms grew 16% from 1992 to 1997. • The number of all U.S. firms grew 6%.  The receipts of women-owned firms grew 33%. • The receipts of all U.S. firms grew 24%. (Excludes publicly held, foreign-owned, and nonprofit businesses) Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Percent Distribution of All U.S. Firms by Industry Division: 1997 Industries not classified 7% Agricultural services, forestry, fishing, and mining 3% Construction 11% Manufacturing 3% Transportation, communications, and utilities 4% Services 43% Wholesale trade 4% Finance, insurance, and real estate 11% Retail trade 14% Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Percent Distribution of Women-Owned Firms by Industry Division: 1997 Agricultural services, forestry, fishing, and mining 2% Industries not classified 8% Construction 3% Manufacturing 2% Transportation, communications, and utilities 2% Wholesale trade 2% Retail trade 17% Services 55% Finance, insurance, and real estate 9% Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Average Receipts per Firm for Women-, Male-, and Equally Owned Firms Compared to All U.S. Firms: 1997 $4,000,000 $3,500,000 $3,381,951 $3,000,000 $2,500,000 $2,000,000 $1,986,111 $1,500,000 $1,000,000 $582,482 $500,000 $259,218 $804,677 $847,639 $891,043 $151,129 $0 Male Equal All firms Women Firms with paid employees All U.S. Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Women-Owned Firms and Receipts as a Percent of All U.S. Firms and Receipts by Industry Division: 1997 All Industries Agricultural services, forestry, and fishing Mining Construction Manufacturing Transportation, communications, and utilities Wholesale trade Retail trade Finance, insurance, and real estate Services Industries not classified 0.0% 5.0% 10.0% 26.0% 4.4% 15.0% 9.1% 15.8% 4.1% 6.7% 7.2% 17.6% 2.8% 14.0% 2.8% 15.7% 4.4% 31.8% 5.7% 21.4% 2.2% 33.5% 7.1% 27.8% 14.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% Firms Receipts Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Five States With Largest Number of Women-Owned Firms  California - 700,513  New York - 394,014  Texas - 381,453  Florida - 337,811  Illinois - 239,725 Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Five Metropolitan Areas With Largest Number of Women-Owned Firms      New York, NY -201,016 Los Angeles, CA -200,793 Chicago, IL -161,252 Washington, DC -117,713 Atlanta, GA -87,098 Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Size of Women-Owned Firms With Paid Employees  846,780 (15.6%)women-owned firms had paid employees.  7,439 (0.9% of firms with paid employees) women-owned firms had 100 or more employees.  559,402 (66.1% of firms with paid employees) had less than 5 employees. Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Size of Women-Owned Firms  Of all 5,417,034 women-owned firms, 98,870 (1.8%) had more than $1,000,000 in receipts.  1,630,833 (30.1%) had less than $5,000 in receipts. Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ Legal Form of Organization  The majority (84.8%) of women-owned firms were sole proprietorships. • 4,595,571 firms  Largest receipts group was the C corporations with 44.8% of all women- owned business receipts. • Accounted for almost $367 billion Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/ For More Information  Web: • http://www.census.gov/csd/mwb/  Phone: • 301-457-3316  Email: • csd@census.gov Source: 1997 Economic Census Survey of Minority-Owned Business Enterprises http://www.census.gov/csd/mwb/

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