News release: “While the country’s 6.5 million privately held, women-owned firms generated an estimated $940 billion in sales and employed 7.1 million people in 2002, according to the U.S. Census Bureau, a Kauffman Foundation research report released today indicates that women-owned firms have relatively underperformed men-owned firms in a number of measures. The Kauffman Foundation research tracked new businesses’ performance measures from 2004 to 2006 and correlated the data to gender based on primary owner characteristics, firm characteristics, industry and outcomes.”