Amex and Dun & Bradstreet Analyze NJ-based Women- and Multicultural-Owned Firms
On Sep 22, 2015New Jersey has an estimated 4,842 middle market firms, of which 325 are owned by women and 275 are owned by multicultural proprietors, according to the just-released “Middle Market Power Index: The Growing Economic Clout of Diverse Middle Market Firms” report from American Express and Dun & Bradstreet.
The third report in a unique series uses Dun & Bradstreet’s proprietary databases of commercially-active US firms to analyze the characteristics and economic impact of diverse middle market enterprises—defined as businesses generating between $10 million and $1 billion in revenues.
The analysis found that New Jersey has a greater than average share of middle market firms owned by women – 7 percent compared to the national average of 6 percent.
Looking at multicultural-owned firms, New Jersey also has a greater than average share – 6 percent compared to the national average of 5 percent.
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