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Recognizing the Vital Role of Women Business Owners in the US Economy

This Senate resolution is symbolic and does not introduce new laws or regulatory changes. Its purpose is to officially recognize and honor the significant contribution of women business owners to the US economy. It highlights that women-owned businesses employ millions of people and generate trillions of dollars in revenue, positively impacting financial stability and job creation for all citizens.
Key points
The Senate officially recognizes the vital role of over 13 million women-owned businesses in the United States economy.
Highlighting that these enterprises employ over 10.9 million people and generate nearly $1.9 trillion in annual revenue.
The resolution celebrates the entrepreneurial spirit of women, who founded nearly 40% of new businesses in 2021.
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Additional Information
Print number: 118_SRES_96
Sponsor: Sen. Risch, James E. [R-ID]
Process start date: 2023-03-08