A study by American Express OPEN using U.S. Census data found the number of women-owned businesses has skyrocketed nationally by 74 percent since 1997. Illinois ranks 19th nationally with 68 percent growth in the number of female business owners over the last 18 years, while Indiana placed 45th nationwide with 37.7 percent growth.
Women-owned businesses however are more profitable in Indiana where their revenue has grown 93 percent between 1997 and 2015. Over the same period, profits for women-owned businesses grew only 33.7 percent in Illinois, placing it 48th nationally. Read more in the Northwest Herald.
