This resolution celebrates the significant contributions of women-owned businesses to the U.S. economy, acknowledging their growth, revenue, and vital role.
James Risch
Senator
ID
This resolution acknowledges the significant contributions of women-owned businesses in the United States, which have experienced substantial growth and play a vital role in the nation's economy. It recognizes the increasing number of women-owned businesses, their employment figures, and their revenue generation. The resolution commends the entrepreneurial spirit of women business owners and celebrates their achievements.
Resolution Honors Women-Owned Businesses: 14.5M Firms, 12.9M Jobs, and $3.3 Trillion in Revenue
This resolution is all about giving a shout-out to the women running businesses across the U.S. It highlights some pretty impressive numbers: over 14.5 million businesses, employing more than 12.9 million people, and generating a massive $3.3 trillion in revenue each year. Basically, it's a formal 'thank you' and recognition of how vital these businesses are to the American economy.
Beyond the Numbers
The resolution points out that women-owned businesses have been growing at nearly double the national average. Even more striking, they've jumped from just 4.6% of all U.S. businesses in 1972 to 39.2% in 2024. That's not just growth; that's a transformation. The resolution celebrates the "exceptional entrepreneurial spirit" driving this change, recognizing the hard work and dedication of women business owners.
Why It Matters
While this resolution doesn't create new laws or policies, it plays a significant role. Think of it as shining a spotlight on the achievements of women entrepreneurs. This kind of formal recognition can boost awareness and potentially pave the way for future support and initiatives. It's about acknowledging the real-world impact these businesses have, from creating jobs to driving economic growth. For any woman running a business—whether it’s a local bakery, a tech startup, or a construction firm—this is a moment of recognition for their contribution to the economy.