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Number of women-owned businesses continues to grow in Kansas

When she made the move from Colorado to Kansas, Cornerstone Design & Development founder Joy Eakins found pent-up demand for her data-related business services.
When she made the move from Colorado to Kansas, Cornerstone Design & Development founder Joy Eakins found pent-up demand for her data-related business services. The Wichita Eagle

Reflecting a nationwide trend, the number of women-owned businesses continues to grow in Kansas, according to a report from American Express.

Kansas has an estimated 72,200 women-owned firms that employ about 74,500, according to a news release from the credit card company. That’s up from 65,180 businesses and employment of 68,098 in 2007

Nationwide, the number of women-owned businesses has increased from 7.79 million to 9.41 million over the same time period, according to the release, which includes highlights from American Express OPEN, a report that analyzes data from the U.S. Census Bureau’s quinquennial business census, the Survey of Business Owners.

Nationally, the number of women-owned businesses has increased 74 percent since 1997. Kansas has seen its number of women-owned business increase by 32.1 percent over the same time frame, and it ranks 48th among all states.

The state fares better in a post-recession look at the numbers. The report ranks Kansas 20th for the pace at which women-owned businesses were started between 2007 and 2015, compared to the pace at which they were started from 2002 to 2007.

The reports looks at data from 1997, 2002, 2007 and 2015.

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