Title: The Economic Census and You
1TheEconomic Census and You
2What Users Need to Know
- Economic Census
- Overview and uses
- How the data are classified (NAICS)
- How the data are published (1997 / 2002)
- Working with the data
- Local data from current programs
3Census Terminology
- Economic
- data collected from businesses
-
- Demographic
- data collected from households
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5Principal Economic Indicators
- Advance Monthly Retail Sales
- Manufacturing and Trade Inventories and Sales
- Monthly Wholesale Trade
- Manufactures Shipments, Inventories and Orders
- Quarterly Services Survey NEW
- Housing Starts
- Value of New Construction Put in Place
- Housing Completions
- New Homes Sold and for Sale
- US International Trade in Goods and Services
- Quarterly Financial Report (two releases)
- Housing Vacancies
6Surveys vs Census
- Economic Census
- Every 5 years (years ending in 2 7)
- Industry/product detail
- Detailed Geography
- Economic Surveys
- Annual, quarterly, monthly
- Limited detail
- Mostly national
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8 The Economic Census is indispensable to
understanding Americas economy
--Alan Greenspan, Chairman, Federal Reserve
Board of Governors
9Public Sector Uses
- Benchmarking
- Tracking economic change
- Attracting new businesses
- Assisting business development
10 Sound and timely economic data are the fuel
that powers business decision making
--Thomas J. Donohue, President, United States
Chamber of Commerce
11Private Sector Uses
Study your industry Market share Product
trends Strategic planning
Whats my share? How does my firm compare?
12Private Sector Uses
Study your industry Market share Product
trends Strategic planning Study business
markets Site locations Sales territories Foreca
sting sales
Where are my customers? suppliers? competitors?
13Private Sector Uses
Study your industry Market share Product
trends Strategic planning Study business
markets Site locations Sales territories Foreca
sting sales Evaluate investments Estimate
market size Data for loan applications
14Sector contribution to GDP
Economic Census Coverage
15Increasing Census Coverage
16Economic Census Data Collection
17Industry Classifi- cation
18Economic Census Table
- Data classified by industry
19Standard Industrial Classification System
- Developed in 1930's
- Updated every 10-15 years
- Dominated by manufacturing
SIC
20NAICS
North American Industry Classification System
21NAICS
- North
- American
- Industry
- Classification
- System
22New Numbering System
Description
Code
Level
Information
51
Sector
Broadcasting (except Internet)
515
Subsector
Radio and Television Broadcasting
5151
Industry Group
Radio Broadcasting
51511
Industry
Radio Stations
515112
U.S. Industry
23NAICS Sectors
- 54 Professional, Scientific and Technical
Services - Management of Companies and Enterprises
- 56 Administrative and Support and Waste
Management and - Remediation Services
- 61 Educational Services
- 62 Health Care and Social Assistance
- Arts, Entertainment and
- Recreation
- Accommodation and
- Food Services
- Other Services (except
- Public Administration)
- 92 Public Administration
- 11 Agriculture, Forestry,
Fishing, and Hunting 21 Mining 22
Utilities 23 Construction 31-33
Manufacturing 42 Wholesale Trade 44-45
Retail Trade 48-49 Transportation and
Warehousing 51 Information 52
Finance and Insurance 53 Real Estate and
Rental and Leasing
24New Sectors
SIC Division
NAICS Sector
Transportation,
Utilities
Communications,
Transportation and Warehousing
and Utilities
Finance,
Finance and Insurance
Insurance,
Real Estate and Rental and Leasing
Real Estate
Retail Trade
Retail Trade
Accommodations and Food Services
Service
Professional, Scientific, and Technical Svc
Industries
Administrative Support and
Waste Management Remediation Svcs
Educational Services
Health Care and Social Assistance
Arts, Entertainment, and Recreation
Information
25New Sectors
SIC Division
NAICS Sector
Transportation,
Utilities
Communications,
Transportation and Warehousing
and Utilities
Finance,
Finance and Insurance
Insurance,
Real Estate and Rental and Leasing
Real Estate
Retail Trade
Retail Trade
Accommodations and Food Services
Service
Professional, Scientific, and Technical Svc
Industries
Administrative Support and
Waste Management Remediation Svcs
Educational Services
Health Care and Social Assistance
Arts, Entertainment, and Recreation
Information
26 Accommodation and Food
Services
Service Industries Hotels and other
lodging Retail Trade Eating and drinking
places
27Retail vs Wholesale
Retail Trade In SIC Sells to consumers In
NAICS Location attracts public Advertise to
public Display merchandise
Wholesale Trade Sells to business Office or
warehouse Advertise to trade Display little or no
merchandise
28Two Views of 1997 Retail Trade
29Two Views of 1997 Retail Trade
30Establishment
- A store, warehouse, factory, etc. at a single
physical location
31Company
- One or more establishments under common
ownership or control
32NAICS Manual
In print and at www.census.gov
- Definition for each industry
- Alphabetic index
- Correspondence tables
- 2002 Edition
- NAICS02 to NAICS97
- NAICS97 to NAICS02
- 1997 Edition
- NAICS97 to SIC
- SIC to NAICS97
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34Brie between NAICS and SIC
35Assembling Time Series
- SIC 1987 1992 (1997)
- NAICS 1997 2002 2007
36Changes for NAICS 2002
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42Economic Census Products
43www.census.gov
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46Industry Series
- Goods-producing Construction, Mining,
Manufacturing - Separate reports for each
- 6-digit industry
- Incl. products and materials
- National, limited state data
Service-producing Sectors 22, 42 to 81
- New for 2002
- Reports for groups
- of industries
- Includes products
- National data only
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51Economic Census Geography
- U.S.
- States
- Metro areas
- Counties
- Places of 2,500 Inhabitants
- ZIP Codes
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53Likely Sequence of States
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55Comparative Statistics
- Economy-wide
- For 1997, shows SICs by State
- For 2002, will show NAICS97 by State
- No substate geography
56Bridge between NAICS and SIC
- 1997 Shows SIC parts within NAICS v.v.
- 2002 Bridge between NAICS 02 and NAICS 97
- National data
- Basis for converting other data
57Subject Reports
- Separate reports for each sector
- In service-producing sectors
- Product lines
- state data for many industries
- Metro data for wholesale, retail, accommodations
only - Establishment and firm size
- Miscellaneous subjects
- limited state data
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59ZIP Code Statistics
- Primarily establishment counts by size
- Not in print or PDF
60ZIP Code Statistics
Scope Selected sectors only
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62Nonemployer Statistics
- Businesses w/o paid employees account for
- 70 of all businesses
- 3.5 of all sales
- Excluded from other census reports
- U.S., State, county metro data
- Updated annually
63Other Reports
- Censuses of Island Areas
- Business Expenses
- Survey of Business Owners
64Survey of Business Owners
Formerly the surveys of Minority- and Women-Owned
Business Enterprises
- Women
- Black
- Hispanic
- American Indians and Alaska Natives
- Asians and Pacific Islanders
- Company Summary
- Characteristics of Business Owners
65SBO includes Nonemployers
- All Firms includes employers and nonemployers
- Most census figures limited to Firms with paid
employees
662002 SBO Report Schedule
67Whats New for 2002
-
-
- New name Survey of Business Owners
- Race counts will include multi-race
- Classification by NAICS
- Characteristics of Business Owners report
- Owner characteristics age, education, hours
worked, disability - Business characteristics home-based,
family-owned, franchising, year started,
financing
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70Whats New for 2002?
- NAICS
- New industries
- Fewer out-of-scope industries
- Industry Series for service sectors
- Expanded Survey of Business Owners
- American Factfinder CD-ROM features converge
- Micropolitan Statistical Areas
711997
722002
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79TheEconomic CensusAccessing the Data
80Media
- Conventional
- Printed reports (only a few)
- PDFs on the Internet
- Drill-down tables on the Internet
- Databases
- On CD-ROM (1997) or DVD-ROM (2002)
- On Internet--via American Factfinder
81www.census.gov
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99Media
- Conventional
- Printed reports (only a few)
- PDFs on the Internet
- Drill-down tables on the Internet
- Databases
- On CD-ROM (1997) or DVD-ROM (2002)
- On Internet--via American Factfinder
100American FactFinder and DVD-ROM
AFF Advantages CD / DVD Advantages
- No internet hookup
- Faster retrieval
- Extra functionality
- More export formats
- flat ASCII, dbf, 123
- No limits on exports
- Includes 97 SIC data
- Includes 97 ZIP data
- Free
- No waiting for a new disc
- No installation
- Works with UNIX and Mac, not just Windows
101www.census.gov
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124www.census.gov
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130Census Economic Datafor Local Areas
- 5-year intervals
- Economic Census
- Survey of Business Owners
- Annual
- County Business Patterns
- Nonemployer Statistics
- Annual Survey of Manufactures
- Statistics of U.S. Business
131www.census.gov
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134Statistics of U.S. Businesses
Firms with paid employees
- Firms by employment size by NAICS
- allows you to define small business
- Geography
- US
- States
- Metropolitan areas
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139County Business Patterns
P1998 - 2002 - reported by 1997 NAICS P2003 and
future - reported by 2002 NAICS
Establishments, employment and payroll No sales
or receipts
140Annual Survey of Manufactures
Establishments with paid employees
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142www.census.gov
1432002 Economic Census
- Paul Zeisset
- Laurie Torene
- 1-301-763-4151
- 1-877-790-1876
- econ_at_census.gov
http//www.census.gov/econ/census02/guide/slides/s
p-ec02-nj05.ppt
144END OF SHOW Following slides are left over from
previous presentations
145www.census.gov
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152Which economic programs have local data?
- County Business Patterns
- Nonemployer Stats
- Economic Census
- Minority- Women- Owned Businesses
- Building Permits
- Cons.Federal Funds
- Governments
153Building Permits
- Covers 21,000 permit-issuing places (where 95
of population lives) - Monthly
- Permits--Not Starts
154Consolidated Federal Funds Report
- Covers counties receiving jurisdictions
- Annual
- Payments
- Grants
- Procurement
- Salaries
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158Economic Census Coverage
159Census Economic Datafor Local Areas
- 5-year intervals
- Economic Census
- Survey of Business Owners
- Census of Governments
- Annual
- County Business Patterns
- Nonemployer Statistics
- Annual Survey of Manufactures
- Statistics of U.S. Business
- Governments CFFR, Employment, Finance
- Monthly
- Imports and Exports
- Building Permits
160Census Economic Datafor Local Areas
- 5-year intervals
- Economic Census
- Survey of Business Owners
- Annual
- County Business Patterns
- Nonemployer Statistics
- Annual Survey of Manufactures
- Statistics of U.S. Business
161www.census.gov
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163NAICS to SIC - SIC to NAICS
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166- Advance Nonemployer Statistics
- Nonemployers grew faster than employers in many
service-related industries (1997 to 2002) - More than 10 of receipts in some sectors
- Economy-wide 3.5 of receipts
167Timetable
168Geographic Area Series
- State, MA, county, places
- except construction, mining, management (state
only) - except utilities, transportation, finance (state
MA) - Separate reports for each sector
- Reports issued state by state in pdf
- Reports merged on CD-ROM Internet
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1732002 Advance SBO vs 1997 SMOBEnot comparable
174Ownership data exclude publicly held, foreign
owned, or nonprofit
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1902002 Economic Census Conferences
Objectives
- Inform new users
- Availability and value of business data
- Inform experienced users
- New features, comparability, qualifications
- Set the stage for 2007 promotion
- Gain insights from contacts
1912002 Economic Census Conferences
Planning
- Conferences in 10-15 cities
- primarily June to Sep 2005
- Two possible half-day formats
- Slide-lecture
- Slide-lecture hands-on
1922002 Economic Census Conferences
Responsibilities
- Census
- 2 speakers and handouts
- On-line registration
- Local sponsor
- Provide a venue
- Recruit attendees
- Refreshments, if any