In Oregon, the state’s economy is fueled by nearly 400,000 small businesses, which account for more than 99% of all Oregon firms and employ more than half of the state’s workers.
In the state,180,000 new business applications have been filed in the last year. On top of that, federal data shows in 2023 Oregon had a net gain of 3,000 small businesses.
What’s behind these huge numbers is that we’re seeing women continue to start businesses at incredible high rates,” according to Isabel Guzman, head of the federal Small Business Administration. “It’s double the rate of men.”
Federal numbers from last year show the state had more than 34,000 businesses owned by Black or Hispanic Oregonians.
https://www.klcc.org/economy-business/2024-09-03/number-of-small-businesses-in-oregon-us-on-the-rise
