Valorie Rice, Senior Business Information Specialist
Most businesses in the nation are nonemployer (82.2%) and an even higher percentage of female-owned businesses are nonemployer (90.5%). That is also true for Arizona, where 82.4% of all businesses and 90.8% of female-owned businesses were nonemployer firms in 2018. Tucson MSA figures are similar to the U.S. and Arizona with 82.3% of all businesses being nonemployer and 90.6% of female-owned businesses not having employees (Exhibit 1). This article focuses primarily on nonemployer businesses for that reason.
Exhibit 1: Percent Nonemployer Businesses (2018)
The western states tracked have a high percentage of female-owned businesses compared to the nation. In 2018, all the states tracked on the MAP Dashboard, except Idaho and Utah, had a higher percentage of female-owned businesses than the U.S. New Mexico had the largest share of female-owned businesses and was among the top five nationally.
Arizona ranked fourth out of all MAP states and 16th in the U.S. Utah had the lowest percentage of female-owned businesses in the West and ranked low nationally. By virtue of population size, California and Texas had the largest total number of female-owned businesses out of the MAP states, followed by Colorado, Washington, and Arizona.
Hungry for more information on women-owned businesses? Check out the full post on the MAP Dashboard: Women Mean Business.