#2: Maryland – 32 percent
#3: Illinois – 22 percentIn addition, on a national basis, African American women make up 14 percent of all firms owned by women. Other equally impressive facts about African American women-owned businesses include:
In 2014, there were 1,237,900 firms owned by African American women. These firms generated $49.5 billion in revenue, which is 29 percent of all the revenue generated by African American owned businesses.
To read the entire 2014 American Express OPEN Report of Women-Owned Businesses, visit:www.womenable.com/content/userfiles/2014_State_of_Women-owned_Businesses_public.pdf