Transcript The Economic Census - North Carolina | Office of State Budget and

The
Economic
Census
and You
1
What 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
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Census Terminology
Economic
data collected from businesses
Demographic
data collected from households
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Principal Economic Indicators
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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
Surveys vs Census
Economic Surveys
Economic Census
•Annual, quarterly, •Every 5 years
monthly
•Limited detail
•Mostly national
(years ending in 2 & 7)
•Industry/product
detail
•Detailed Geography
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“The Economic Census is indispensable
to understanding America’s economy…”
--Alan Greenspan, Chairman, Federal
Reserve Board of Governors
Public Sector Uses
• Benchmarking
• Tracking economic change
• Attracting new businesses
• Assisting business
development
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“Sound and timely economic
data are the fuel that powers
business decision making…”
--Thomas J. Donohue, President,
United States Chamber of Commerce
Private Sector Uses
Study your industry
Market share
Product trends
Strategic planning
What’s my share?
How does my firm compare?
Private Sector Uses
Study your industry
Market share
Product trends
Strategic planning
Study business markets
Site locations
Sales territories
Forecasting sales
Where are my customers?
suppliers? competitors?
Private Sector Uses
Study your industry
Market share
Product trends
Strategic planning
Study business markets
Site locations
Sales territories
Forecasting sales
Evaluate investments
Estimate market size
Data for loan applications
Economic Census Coverage
Sector contribution to GDP
Manufacturing
Mining
Construction
Agriculture
Transp, Utilities
Wholesale
Retail
Governments
Not covered
Service
Finance, Insurance, Real Estate
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Increasing Census Coverage
Economic Census
Data Collection
Direct collection
97% of output
Administrative records
3 out of 4 businesses
Industry
Classification
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Economic Census Table
Data classified by industry
Standard Industrial Classification System
• Developed in 1930's
SIC
• Updated every 10-15 years
•Dominated by manufacturing
NAICS
North
American
Industry
Classification
System
NAICS
North
American
Industry
Classification
System
New Numbering System
Level
Example
Code
51
515
Industry Group 5151
Industry
51511
U.S. Industry 515112
Sector
Subsector
Description
Information
Broadcasting (except Internet)
Radio and Television Broadcasting
Radio Broadcasting
Radio Stations
NAICS Sectors
11
Agriculture, Forestry,
Fishing, and Hunting
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Mining
22
Utilities
23
Construction
31-33 Manufacturing
42
Wholesale Trade
44-45 Retail Trade
48-49 Transportation and
Warehousing
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Information
52
Finance and Insurance
53
Real Estate and Rental
and Leasing
54 Professional, Scientific and Technical
Services
55 Management of Companies and
Enterprises
56 Administrative and Support and
Waste Management and
Remediation Services
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Educational Services
62
Health Care and Social Assistance
71
Arts, Entertainment and
Recreation
72
Accommodation and
Food Services
81
Other Services (except
Public Administration)
92
Public Administration
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New 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
New 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
Accommodation and
Food Services
Created from
Service Industries
Hotels and other lodging
Retail Trade
Eating and drinking places
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Retail vs Wholesale
Retail Trade
Wholesale Trade
In SIC
Sells to consumers
Sells to business
In NAICS
Location attracts public
Advertise to public
Display merchandise
Office or warehouse
Advertise to trade
Display little or no
merchandise
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Two Views of 1997 Retail Trade
Two Views of 1997 Retail Trade
Establishment
A store, warehouse, factory, etc. at a
single physical location
Company
One or more establishments under
common ownership or control
NAICS Manual
In print
and
at www.census.gov
Definition for each industry
Alphabetic index
Correspondence tables
1997 Edition
2002 Edition
•NAICS97 to SIC
•NAICS02 to NAICS97
•SIC to NAICS97
•NAICS97 to NAICS02
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Brie between NAICS and SIC
Assembling Time Series
SIC
NAICS
1987 1992 (1997)
1997 2002 2007
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Changes for NAICS 2002
Sector
Type of change
New industries
Construction
Major changes
Residential
remodelers
Wholesale Trade
Separated Agents
Wholesale electronic
and Brokers—affects markets
all industries
Retail Trade
Subdivided 2
industries
Discount dep’t stores
Electronic shopping
Electronic auctions
Information
Renumbering
Moved Internet
Internet publishing
and broadcasting
Economic
Census
Products
www.census.gov
Industry Series
 Goods-producing
Service-producing
Construction, Mining, Manufacturing
Sectors 22, 42 to 81
 Separate reports for each
 6-digit industry
 Incl. products and materials
 National, limited state data
New for 2002
•Reports for groups
of industries
•Includes products
•National data only
Economic Census Geography
U.S.
States
Metro areas
Counties
Places of 2,500+ Inhabitants
ZIP Codes
Likely Sequence of States
Comparative Statistics
 Economy-wide
 For 1997, shows SICs by State
 For 2002, will show NAICS97 by State
 No substate geography
Bridge between NAICS and SIC
 2002: Bridge between NAICS 02 and NAICS 97
 National data
 Basis for converting other data
Subject 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
E-Commerce Statistics
 New for 2002
 Economy-wide, 3-digit NAICS
 Includes sales via Internet and other
 U.S., state data
ZIP Code Statistics
•Primarily establishment counts by size
•Not in print or PDF
ZIP Code Statistics
Scope:
Selected
sectors
only
Nonemployer 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
Other Reports
 Censuses of Island Areas
 Business Expenses
 Survey of Business Owners
Survey of Business Owners
• Women
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Formerly the surveys of
Minority- and Women-Owned
Business Enterprises
Black
Hispanic
American Indians and Alaska Natives
Asians and Pacific Islanders
Minority Summary
Company Summary
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SBO includes Nonemployers
 “All Firms”
includes
employers and
nonemployers
 Most census
figures limited to
“Firms with paid
employees”
2002 SBO Report Schedule
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What’s New for 2002
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•New name: Survey of Business Owners
•Race counts will include multi-race
•Classification by NAICS
•New owner characteristics:
•age, education, hours worked, disability
•New business characteristics:
•home-based, family-owned, franchising, year started,
financing
What’s New for 2002?
NAICS
– New industries
– Fewer out-of-scope industries
Industry Series for service sectors
E-Commerce
Expanded Survey of Business Owners
American Factfinder & CD-ROM
features converge
Micropolitan Statistical Areas
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1997 Metropolitan Areas
2002 Metropolitan Areas
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The
Economic
Census:
Accessing the
Data
www.census.gov
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Media
 Conventional
 Printed reports (only a few)
 PDFs on the Internet
 “Print-on-Demand” reports
 Databases
 On CD-ROM (1997) or DVD-ROM (2002)
 On Internet--via American Factfinder
 Drill-down tables on the Internet
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American FactFinder
and DVD-ROM
AFF Advantages
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CD / DVD Advantages
Free
No waiting for a new disc
No installation
Works with UNIX and
Mac, not just Windows
 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
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www.census.gov
www.census.gov
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Census
Economic
Data
for 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
www.census.gov
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County Business Patterns
P1998 - 2002 - reported by 1997 NAICS
P2003 and future - reported by 2002 NAICS
Establishments, employment and payroll
No sales or receipts
Annual Survey of Manufactures
Establishments with paid employees
www.census.gov
Provide feedback via a PDF of this session is available at:
http://www.census.gov/econ/census02/guide/pdfissues.htm
-orE-mail: [email protected]
Bob Coats
[email protected]
(919) 733-7061
http://sdc.state.nc.us
North Carolina State Data Center
N.C. Office of State Budget & Management