The Center for Women's Business Research has estimated that companies owned by women are growing at close to twice the rate of all privately held firms. The study also estimated that employment at companies owned by women increased 24 percent in seven years. Joy Ott, spokeswoman for the Women's Business Services program, said that firms owned by women are driving growth in the American economy.
See "Companies Owned by Women Set the Pace in Small Business", Elizabeth Olson, The New York Times, April 27, 2004