1997 Economic Census:
Finance and Insurance
Massachusetts


These data are from the 1997 and 2002 Economic Censuses.
For more recent data, see the current Industry Statistics Sampler.
 
Finance and Insurance by Subsector
Introductory text includes scope and methodology. Table includes only establishments with payroll. Nonemployers are shown separately. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
More
data
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
  52 Finance & insurance 8,875 N 11,427,705 212,188
521 Monetary authorities - central bank 1 1,403,000 52,824 1,143
522 Credit intermediation & related activities 3,416 22,872,705 2,845,193 66,993
523 Securities intermediation & related activities 1,623 15,196,543 4,834,408 54,795
524 Insurance carriers & related activities 3,781 N 3,646,628 86,431
525 Funds, trusts, & other financial vehicles (part) 54 551,391 48,652 2,826

 

 

Finance and Insurance by Industry
Introductory text includes scope and methodology. Table includes only establishments with payroll. Nonemployers are shown separately. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
52 Finance & insurance 8,875 N 11,427,705 212,188
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
521 Monetary authorities - central bank 1 1,403,000 52,824 1,143
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
522 Credit intermediation & related activities 3,416 22,872,705 2,845,193 66,993
5221 Depository credit intermediation 2,625 18,008,509 2,361,635 56,683
52211 Commercial banking 1,266 11,616,722 1,654,980 33,971
5221101 National commercial banks (banking) 864 5,964,021 585,814 15,460
5221102 State commercial banks (banking) 395 5,597,531 1,065,246 18,440
52212 Savings institutions 954 4,693,853 541,841 17,244
5221201 Savings institutions (federally chartered) 127 1,123,156 70,456 2,078
5221203 Savings institutions (not federally chartered) 827 3,570,697 471,385 15,166
52213 Credit unions 404 D D (2500-4999)
5221301 Credit unions (federally chartered) 234 D D (1000-2499)
5221309 Credit unions (not federally chartered) 170 465,001 60,658 2,134
5222 Nondepository credit intermediation 563 2,538,225 368,123 7,580
52221 Credit card issuing 7 D D (20-99)
52222 Sales financing 146 D D (1000-2499)
52229 Other nondepository credit intermediation 410 D D (5000-9999)
522291 Consumer lending 74 243,224 39,003 827
522292 Real estate credit 290 506,488 164,193 3,378
522298 All other nondepository credit intermediation 41 D D (500-999)
5222981 Pawn shops 26 D D (100-249)
5223 Activities related to credit intermediation 228 2,325,971 115,435 2,730
52231 Mortgage & nonmortgage loan brokers 135 113,805 47,764 842
52232 Financial transactions processing, reserve, & clearinghouse act 36 D D (1000-2499)
52239 Other activities related to credit intermediation 57 D D (100-249)
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
523 Securities intermediation & related activities 1,623 15,196,543 4,834,408 54,795
5231 Securities & commodity contracts intermediation & brokerage 574 5,070,902 2,066,402 21,803
52311 Investment banking & securities dealing 110 D D (2500-4999)
52312 Securities brokerage 450 4,590,410 1,646,898 17,452
52313 Commodity contracts dealing 6 D D (100-249)
52314 Commodity contracts brokerage 8 D D (20-99)
5232 Securities & commodity exchanges 1 D D (20-99)
5239 Other financial investment activities 1,048 D D (25k-49999)
52391 Miscellaneous intermediation 148 D D (500-999)
52392 Portfolio management 531 7,326,109 2,018,721 19,370
52393 Investment advice 283 763,786 234,137 3,481
52399 All other financial investment activities 86 D D (5000-9999)
523991 Trust, fiduciary, & custody activities 80 1,402,279 387,033 8,163
523999 Miscellaneous financial investment activities 6 D D (500-999)
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
524 Insurance carriers & related activities 3,781 N 3,646,628 86,431
5241 Insurance carriers 581 N 2,770,411 65,515
52411 Direct life, health, & medical insurance carriers 342 Q 1,940,386 46,878
524113 Direct life insurance carriers 274 Q 1,482,288 36,167
524114 Direct health & medical insurance carriers 68 Q 458,098 10,711
52412 Other direct insurance carriers 225 Q 816,250 18,371
524126 Direct property & casualty insurance carriers 207 Q 804,868 18,174
524127 Direct title insurance carriers 13 Q D (100-249)
52413 Reinsurance carriers 14 Q 13,775 266
5242 Agencies, brokerages, & other insurance related activities 3,200 2,500,674 876,217 20,916
52421 Insurance agencies & brokerages 2,818 1,974,266 677,210 16,442
52429 Other insurance related activities 382 526,408 199,007 4,474
524291 Claims adjusting 150 D D (1000-2499)
524292 Third party administration of insurance & pension funds 171 314,021 110,748 2,478
524298 All other insurance related activities 61 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) 54 551,391 48,652 2,826
5251 Insurance and Employee Benefit Funds (not covered in the Economic Census) N N N N
5259 Other investment pools & funds (part) 54 551,391 48,652 2,826
52591 Open-End Investment Funds (not covered in the Economic Census) N N N N
52592 Trusts, Estates, and Agency Accounts (not covered in the Economic Census) N N N N
52593 Real Estate Investment Trusts (REITs) 54 551,391 48,652 2,826
52599 Other Financial Vehicles (not covered in the Economic Census) N N N N
D = Withheld to avoid disclosure; N = Not available

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Source: 1997 Economic Census

Last modified: 2/ 6/01   Questions?