Businesses Owned by Women, Minorities Lag in Share of Revenue Share of
Women, blacks, Asians and Hispanics have built up substantial positions as business owners in several sectors of the U.S. economy. But based on revenue, those businesses are on average considerably smaller than white- or male-owned firms, according to a Pew Research Center analysis of recently released data from the U.S. Census Bureau.
Overall, men owned more than half of the nation’s 27.6 million firms in 2012, according to preliminary results from the Survey of Business Owners, and women owned more than 9.9 million businesses, about 36% of the total. The remaining 10% of firms were either jointly owned by men and women or could not be categorized by gender because they were publicly traded companies or have large, diverse ownership groups.
Businesses Owned by Women,  | Minorities Lag in Share of Revenue  | Share of  | BY GENDER  | FIRMS OWNED  | 54.7%  | Men  | 79. 2%  | REVENUES  | 36 2  | Women  | 11.3  | BY RACE/ETHNICITY  | 79.3  | White  | 90.7  | 9.4  | Black  | 1.3  | 7.1  | Asian  | 5.5  | 12.1  | Hispanic  | 3.6  | Note: Among those firms whose ownership can be classified  | by gender and race/ ethnicity Hispanics can be of any race;  | white black and Asian figures include Hispanics  | Source: Pew Research Center analysis of preliminary results  | from Census Bureau's 2012 Survey of Business Owners.  | PEW RESEARCH CENTER 