Wyoming ranks first in the nation for women owned firms

A new report says that businesses owned by women are doing better in Wyoming than in any other state.

The study by the group Womenable considered the growth in the number of women-owned firms, how many people those firms employ, and the revenue they generate. CEO Julie Weeks says Wyoming’s ranking makes sense, despite the dominance of the energy industry.

“If you’re looking at the energy industry, even if you have some very large players there, there are a lot of smaller firms that are providing goods and services to those companies,” Weeks said. “So one layer below some of those big companies may be a lot of suppliers that are small firms and small women-owned firms.”

Weeks also says women-owned firms may have an advantage in Wyoming because the over-all economy hasnot suffered as much as some other states.