Imprimir

Asian and Islander that is pacific( females business owners continue steadily to make sizable gains in the usa. Based on the Center for ladies’s company analysis’s “Asian and Pacific Islander Women-Owned Businesses in america, 2002: an undeniable fact Sheet, ” there was clearly a 45% upsurge in the sheer number of organizations Asian and Pacific Islander ladies possess between 1997 and 2002. An calculated 358,503 majority-owned, privately held organizations owned by Asian and Pacific Islander feamales in america had been also reported, accounting for $49.1 billion in product product product sales, and using significantly more than 370,000 individuals.

Other styles in development among API women-owned organizations between 1997 and 2002 include:

  • The sheer number of workers doing work for Asian and Islander that is pacific women-owned when you look at the U.S. Increased by 18per cent, and product product sales rose by 29%.
  • About one-third (30%) of all of the minority women-owned businesses into the U.S. Are owned by Asian or Pacific Islanders.
  • Asian and Islander that is pacific women-owned represent 6% of most privately-held, majority-owned women-owned companies in america. Asian and Pacific Islander ladies business people additionally take into account 10% regarding the total work of women-owned companies, and 9% of sales.
  • API ladies business people may also be prone to have workers than are also women-owned businesses. Almost one-fourth (23%) of Asian and Pacific-Islander women-owned organizations worker at minimum one individual apart from the dog owner, when compared with 16percent of women-owned firms general.
  • Over one-third (36%) of most companies owned by individuals of Asian US lineage are owned by ladies; Asian women-owned companies use 30% associated with the employees in Asian-owned companies and generate 26% regarding the product product sales.
  • The 10 states with all the best quantity of Asian and Pacific Islander women-owned firms (on the basis of the amount of organizations, employment and product product sales) are: Ca, nyc, Texas, Florida, Hawaii, nj-new jersey, Virginia, Illinois, Washington and Georgia. These states additionally take into account over 75% of all of the API firms that are women-owned the U.S.
  • At the time of 2002, the 10 states using the growth that is fastest when you look at the amount of Asian and Pacific Islander women-owned firms were: Maine; Tennessee; Montana; Oklahoma; Kentucky; western Virginia; Wyoming; Vermont; Alabama; Idaho.
  • The service sector (52%) makes up over 50 % of the companies API women very very own. Around 15.2% come in the retail trade, while a predicted 10% are in Finance/Insurance/Real Estate, Transportation/Communications/Utilities, and Wholesale trades.
  • The states where Asian and Pacific Islander women-owned businesses comprise the share that is greatest of all of the women-owned organizations are: Hawaii (55%), Ca (14%), ny (11%), Virginia (9%), Nevada, nj-new jersey, Maryland and Washington (tied – 8%), and Texas, Georgia, Alaska while the District of Columbia (tied – 6%).
  • Non-traditional companies continue being areas aided by the growth rates that are greatest for Asian and Pacific Islander women-owned businesses. Companies within the agriculture/forestry/fishing sector expanded by 70%, and the ones in transportation/communications/utilities increased by 56%.

*The U.S. Bureau regarding the Census separated Asian and islanders that are pacific United states Indian and Alaskan Natives inside their “1997 Survey of Minority-Owned Business Enterprises. ” In past studies, both teams had been combined into one category.

Cultural teams contained in the www.brightbrides.net/review/seniorblackpeoplemeet/ U.S. That is asian/Other Census data are: Chinese (28%), Asian Indian (18%), Korean (15%), Vietnamese (11%), Japanese (9.4%), Filipino (9.3%), Other Asian (8%), and Hawaiian/Pacific Islander (2%).

Quantity, Employment, product Sales anChange that is percent among Women Owned businesses by Industry: 1997 to 2002

1997(1) 2002(2) improvement in percent
Total United States
Number of Firms 247,966 358,503 44.8
Employment 313,303 370,101 18.0
Sales ($000) 38,100,700 49,068,703 20.0
Agriculture
Number of companies 1,878 2,858 70.3
Employment 1,750 3,759 114.8
Product Product Product Sales ($000) 133,715 259,107 93.8
Mining
amount of companies 140 129 -8.2
Employment D D D
product product Sales ($000) D D D
Construction
Number of companies 2,972 3,418 15.0
Employment 4,822 3,127 -32.3
Product Sales ($000) 711,228 562,784 -20.9
Manufacturing
Number of companies 6,240 6,774 8.6
Employment 37,730 41,128 D
Sales ($000) 2,443,344 2,510,094 2.7
TCPU(3)
Number of organizations 5,628 8,803 56.4
Employment 7,578 18,400 142.8
Product Product Product Sales ($000) 757,811 1,296,468 71.1
Wholesale Trade
Number of companies 8,185 9,963 21.7
Employment 24,275 31,041 27.9
Product Sales ($000) 11,019,906 13,022,510 18.2
Retail Trade
Number of Firms 48,089 54,370 13.1
Employment 107,776 128,815 19.5
Product Sales ($000) 9,318,712 11,504,824 23.5
FIRE(4)
amount of organizations 18,757 17,171 -8.5
Employment 5,600 1,975 -64.7
Product Sales ($000) 1,362,952 729,524 -46.5
Services
quantity of organizations 133,721 185,314 38.6
Employment 119,079 121,897 2.4
Product Sales ($000) 11,106,181 14,333,170 29.1

Source: National Foundation for females Business Owners, making use of posted information by the U.S. Bureau of this Census.

  • Estimate of 1997 totals excluding C corporations and 50% woman-owned organizations, making use of 1992 ratios.
  • Estimate of 2002 totals utilizing 1997 ratios.
  • Transportation, Communications and Utilities.
  • Finance, Insurance and Property
  • States because of the Greatest Number of Asian and Pacific Islander Women businesses that are owned 1997 to 2002

    State Number of companies Employment product Sales ($000) Ranking by Number of Firms
    US Total 358,503 787,200 $49,069,703
    California 103,778 133,775 $19,077,756 1
    New York 48,262 20,692 $ 3,287,276 2
    Texas 27,611 23,027 $ 3,527,111 3
    Florida 14,303 7,685 $ 1,102,787 4
    Hawaii 14,071 17,353 $ 1,908,448 5
    nj-new jersey 13,994 31,845 $ 4,492,572 6
    Virginia 12,827 9,336 $ 865,154 7
    Illinois 11,557 18,829 $ 1,940,570 8
    Washington 11,324 8,140 $ 1,012,916 9
    Georgia 11,224 5,331 $ 795,263 10

    Top ten States utilizing the Fastest development prices into the Number of Asian and Pacific Islander Women businesses that are owned 1997 to 2002