1997 Economic Census:
Finance and Insurance
Michigan


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 12,249 N 6,598,853 181,898
521 Monetary authorities - central bank 1 406,000 13,469 344
522 Credit intermediation & related activities 5,204 20,240,623 3,097,450 99,086
523 Securities intermediation & related activities 1,320 1,945,772 642,729 9,454
524 Insurance carriers & related activities 5,697 N 2,808,056 71,594
525 Funds, trusts, & other financial vehicles (part) 27 390,475 37,149 1,420

 

 

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 12,249 N 6,598,853 181,898
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
521 Monetary authorities - central bank 1 406,000 13,469 344
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
522 Credit intermediation & related activities 5,204 20,240,623 3,097,450 99,086
5221 Depository credit intermediation 4,040 15,035,301 2,403,854 83,158
52211 Commercial banking 2,793 11,203,591 1,942,662 65,214
5221101 National commercial banks (banking) 1,265 5,771,184 1,256,775 41,312
5221102 State commercial banks (banking) 1,526 D D (10k-24999)
52212 Savings institutions 493 2,215,624 217,011 8,144
5221201 Savings institutions (federally chartered) 467 D D (5000-9999)
5221203 Savings institutions (not federally chartered) 26 D D (100-249)
52213 Credit unions 754 1,616,086 244,181 9,800
5221301 Credit unions (federally chartered) 282 612,316 100,334 3,963
5221309 Credit unions (not federally chartered) 472 1,003,770 143,847 5,837
5222 Nondepository credit intermediation 857 4,988,098 613,378 13,613
52222 Sales financing 200 3,657,765 248,831 4,933
52229 Other nondepository credit intermediation 656 D D (5000-9999)
522291 Consumer lending 63 60,606 15,535 558
522292 Real estate credit 506 1,115,844 326,792 7,578
522298 All other nondepository credit intermediation 84 D D (250-499)
5222981 Pawn shops 49 30,466 6,118 239
5223 Activities related to credit intermediation 307 217,224 80,218 2,315
52231 Mortgage & nonmortgage loan brokers 204 115,849 50,097 1,313
52232 Financial transactions processing, reserve, & clearinghouse act 37 57,513 14,444 476
52239 Other activities related to credit intermediation 66 43,862 15,677 526
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
523 Securities intermediation & related activities 1,320 1,945,772 642,729 9,454
5231 Securities & commodity contracts intermediation & brokerage 711 1,222,429 477,883 6,151
52311 Investment banking & securities dealing 51 99,556 38,561 645
52312 Securities brokerage 650 1,119,145 437,863 5,478
52314 Commodity contracts brokerage 8 D D (20-99)
5239 Other financial investment activities 609 723,343 164,846 3,303
52391 Miscellaneous intermediation 144 311,775 38,728 900
52392 Portfolio management 227 253,349 86,079 1,238
52393 Investment advice 201 146,575 36,030 986
52399 All other financial investment activities 37 11,644 4,009 179
523991 Trust, fiduciary, & custody activities 31 8,600 3,523 161
523999 Miscellaneous financial investment activities 6 3,044 486 18
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
524 Insurance carriers & related activities 5,697 N 2,808,056 71,594
5241 Insurance carriers 1,295 N 1,971,978 47,151
52411 Direct life, health, & medical insurance carriers 397 Q 923,958 23,741
524113 Direct life insurance carriers 302 Q 376,723 10,857
524114 Direct health & medical insurance carriers 95 Q 547,235 12,884
52412 Other direct insurance carriers 891 Q 1,037,240 23,161
524126 Direct property & casualty insurance carriers 816 Q 1,002,114 21,820
524127 Direct title insurance carriers 72 Q D (1000-2499)
52413 Reinsurance carriers 7 Q 10,780 249
5242 Agencies, brokerages, & other insurance related activities 4,402 2,256,644 836,078 24,443
52421 Insurance agencies & brokerages 4,042 1,817,556 655,965 19,447
52429 Other insurance related activities 360 439,088 180,113 4,996
524291 Claims adjusting 98 70,110 28,191 877
524292 Third party administration of insurance & pension funds 192 293,562 123,070 3,328
524298 All other insurance related activities 70 75,416 28,852 791
NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
525 Funds, trusts, & other financial vehicles (part) 27 390,475 37,149 1,420
5251 Insurance and Employee Benefit Funds (not covered in the Economic Census) N N N N
5259 Other investment pools & funds (part) 27 390,475 37,149 1,420
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) 27 390,475 37,149 1,420
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?