Women Lose More Ground in U.S. Small Business Contracts Race
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U.S. government contracts to women-owned small businesses dropped for the second consecutive year, declining at a faster rate than awards to their male counterparts.
The women’s contracts slid 5.5 percent to about $16.4 billion in the fiscal year that ended Sept. 30 from $17.3 billion in fiscal 2011, according to data compiled by Bloomberg. Awards to small firms owned by men fell 4.1 percent to $80.9 billion.