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2002 Economic Census main page

2002 Economic Census
Finance and Insurance
Michigan     open pdf map in new window

2007 Economic Census data are
available in American FactFinder.
See also the current Industry Statistics Sampler.
 

Finance and Insurance - by subsector

Data based on Geographic Area Series reports. Table includes only establishments of firms with payroll. Nonemployers are shown separately. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

D = Withheld to avoid disclosing data of individual companies; data are included in higher level totals; N = Not available; Q = Receipts not collected at this level of detail for multiestablishment f
More
data

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
  52 Finance & insurance 13,652 N 8,394,958 177,479
521 Monetary authorities - central bank 1 429,411 13,900 350
522 Credit intermediation & related activities 6,238 N 4,109,109 95,474
523 Securities intermediation & related activities 1,869 D D (10k-24k)
524 Insurance carriers & related activities 5,499 N 3,389,501 69,289
525 Funds, trusts, & other financial vehicles (part) 45 D D (100-249)

 

 

Finance and Insurance - by industry

Data based on Geographic Area Series reports. Table includes only establishments of firms with payroll. Nonemployers are shown separately. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

D = Withheld to avoid disclosing data of individual companies; data are included in higher level totals; N = Not available; Q = Receipts not collected at this level of detail for multiestablishment f

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
521 Monetary authorities - central bank 1 429,411 13,900 350

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
522 Credit intermediation & related activities 6,238 N 4,109,109 95,474
5221 Depository credit intermediation 4,462 N 2,627,134 71,101
52211 Commercial banking 3,167 Q 1,981,249 52,515
5221101 National commercial banks - banking 1,399 Q D (10k-24k)
5221102 State commercial banks - banking 1,759 Q 1,219,203 32,161
52212 Savings institutions 547 Q D (5000-9999)
5221201 Savings institutions - federally chartered 494 Q 290,781 6,856
5221203 Savings institutions - not federally chartered 53 Q D (500-999)
52213 Credit unions 746 1,796,597 332,435 11,054
5221301 Credit unions - federally chartered 280 704,443 136,270 4,435
5221309 Credit unions - not federally chartered 466 1,092,154 196,165 6,619
5222 Nondepository credit intermediation 1,081 12,198,459 1,261,706 19,377
52222 Sales financing 188 9,025,916 593,771 8,380
52229 Other nondepository credit intermediation 892 D D (10k-24k)
522291 Consumer lending 147 D D (500-999)
522292 Real estate credit 619 2,515,805 583,717 9,087
5222929 Mortgage bankers & loan correspondents 616 D D (5000-9999)
522294 Secondary market financing 6 D D (20-99)
522298 All other nondepository credit intermediation 116 D D (1000-2499)
5222981 Pawn shops 64 D D (250-499)
5222988 Other business credit institutions 52 D D (500-999)
5223 Activities related to credit intermediation 695 614,743 220,269 4,996
52231 Mortgage & nonmortgage loan brokers 420 362,963 160,414 3,168
52232 Financial transactions processing, reserve, & clearinghouse act 58 144,007 30,109 877
52239 Other activities related to credit intermediation 217 107,773 29,746 951

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
523 Securities intermediation & related activities 1,869 D D (10k-24k)
5231 Securities & commodity contracts intermediation & brokerage 990 1,767,098 612,991 7,720
52311 Investment banking & securities dealing 26 29,735 9,909 102
52312 Securities brokerage 953 1,732,096 601,114 7,585
52314 Commodity contracts brokerage 10 D D (20-99)
5239 Other financial investment activities 879 D D (2500-4999)
52391 Miscellaneous intermediation 151 D D (500-999)
52392 Portfolio management 292 D D (1000-2499)
52393 Investment advice 388 D D (1000-2499)
52399 All other financial investment activities 48 D D (500-999)
523991 Trust, fiduciary, & custody activities 44 D D (500-999)

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
524 Insurance carriers & related activities 5,499 N 3,389,501 69,289
5241 Insurance carriers 1,066 Q 2,098,496 40,867
52411 Direct life, health, & medical insurance carriers 359 Q 1,081,136 21,158
524113 Direct life insurance carriers 213 Q 337,248 5,974
524114 Direct health & medical insurance carriers 146 Q 743,888 15,184
52412 Other direct insurance carriers 680 Q 985,016 19,176
524126 Direct property & casualty insurance carriers 478 Q 900,250 17,081
524127 Direct title insurance carriers 193 Q D (1000-2499)
524128 All other direct insurance carriers 9 Q D (100-249)
52413 Reinsurance carriers 27 Q 32,344 533
5242 Agencies, brokerages, & other insurance related activities 4,433 3,263,428 1,291,005 28,422
52421 Insurance agencies & brokerages 4,066 D D (10k-24k)
52429 Other insurance related activities 367 D D (5000-9999)
524291 Claims adjusting 154 94,332 40,361 929
524292 Third party administration of insurance & pension funds 153 D D (5000-9999)
524298 All other insurance related activities 60 D D (500-999)

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
525 Funds, trusts, & other financial vehicles (part) 45 D D (100-249)
5251 Insurance and Employee Benefit Funds (not covered in the Economic Census) X X X X
52511 Pension Funds X X X X
52512 Health and Welfare Funds X X X X
52519 Other Insurance Funds X X X X
5259 Other investment pools & funds (part) 45 D D (100-249)
52591 Open-End Investment Funds (not covered in the Economic Census) X X X X
52592 Trusts, Estates, and Agency Accounts (not covered in the Economic Census) X X X X
52593 Real Estate Investment Trusts - REITs 45 D D (100-249)
52599 Other Financial Vehicles (not covered in the Economic Census) X X X X


Source: 2002 Economic Census, Geographic Area Series   Questions?
Last revised: January 06, 2012