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    Efforts to Support American Women Highlighted in Commerce and White House Reports

    Fri, 10/22/2010 - 12:00 EDT - US Department of Commerce Blog
    • Economics and Statistics Administration
    • National Economic Council
    • Obama administration
    • RDF10
    • recovery act
    • Secretary Gary Locke
    • Small Business Administration
    • White House Council on Women and Girls
    • Women-owned businesses

    Sec. Locke Meets with Economic Team This
    week the National Economic Council released a report on the impact of the
    recession on women and how the Obama administration’s economic policies benefit
    American women. Some of these policies include a tax credit for college for
    working families, expanded and increased student aid, and more manageable loan
    repayment so women can get the education they need to succeed. The report lays
    out the economic landscape facing women today and details some of the many ways
    the administration is committed to making sure the government is working for all
    Americans, especially American women.
    The
    Commerce Department’s Economics and Statistics
    Administration (ESA)
    further explored the state of American women and Women-Owned Businesses in the 21st Century in a report issued
    earlier this month for the White House Council on Women and Girls.  According to
    the report, women-owned businesses are steadily expanding and account for $1.2
    trillion in economic output. Yet they continue to lag behind other companies in
    several key indicators.
    To
    help reverse this trend, the Obama administration has invested in women’s
    education and expanded the capital available for women to start a business. The
    White House has already given out more than 12,000 Small Business Administration
    Recovery Act loans totaling more than $3 billion to women-owned small
    businesses.
    Learn
    more about what the administration is doing on behalf of women
    and the economy
    and women-owned
    businesses
    , or read the
    reports.

    • Original article
    • Login or register to post comments
     

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