Florida led all states in growth of women-owned businesses over the last decade, a new report says.
According to American Express’ "State of Women-Owned Businesses Report" for 2018, Florida firms owned by women posted the largest percentage growth between 2007 and 2018, followed by Georgia and Michigan, respectively.
"This new data demonstrates not only the remarkable impact women entrepreneurs have on our economy when it comes to creating jobs and generating revenue, but also the growing role of women-owned businesses in our communities," said Julie Tomich, senior vice president of American Express Global Commercial Services, in a release.
Miami was the No. 5 metro area for growth in women-owned businesses for that period, the only Florida metro in the top five. Charlotte, North Carolina, was No. 1.