Census Bureau Releases Demographic Characteristics of Nonemployer Business Owners

Excerpt:  “Women owned 42.7% (12.7 million) of the nation’s 29.8 million nonemployer businesses (businesses without paid employees) and had $411.6 billion in receipts in 2022, according to the new Nonemployer Statistics by Demographics (NES-D) series released today by the U.S. Census Bureau. Veteran-owned firms made up about 4.6% (1.4 million) of nonemployer businesses, with $67.7 billion in receipts. There were a total of 29.8 million nonemployer businesses with $1.7 trillion in receipts in 2022.”