WASHINGTON, D.C. – Women-owned firms increased nearly 20 percent over the latest period studied, according to a report released today by the Office of Advocacy of the U.S. Small Business Administration.

During the five years between 1997 and 2002, women-owned firms grew by 19.8 percent while all U.S. firms grew by seven percent.

A wealth of data on women in the work force and women-owned business is presented in Women in Business: A Demographic Review of Women

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Hawaii Reporter is an award-winning, independent Hawaii-based news and opinion journal founded in 2001 and launched in February 2002. The journal's staff have won a number of top awards from the Society of Professional Journalists, including the top investigative news reporting awards, business reporting awards, government reporting awards, and online news reporting awards.