U.S. Women's Chamber of Commerce Releases Report; Women-Owned Small Businesses Suffer Largest Federal Contracting Opportunity Loss in History

FY2008 Contracting Misses Goal for Contracting with Women-Owned Small Businesses by Over Twelve Billion Dollars

WASHINGTON, Aug. 24, 2009USWCC | Contracting Report /PRNewswire-USNewswire/ -- After more than a decade of failure to meet federal contracting goals with women, and nearly nine years of delay in the implementation of the Women's Procurement Program, the recently released FY2008 federal spending report shows that women-owned small businesses suffered the greatest opportunity loss in history. FY2008 federal spending with women missed the paltry five percent goal for spending with women by twenty-two percent representing a shortfall of over $12 billion in just one year.

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>>Read the report