1997 Economic Census:
Comparative Statistics for Massachusetts
1987 SIC Basis: Financial, Insurance, and Real Estate Industries

 
Financial, Insurance, and Real Estate Industries by Major Group (2-digit SIC)
Includes only establishments with payroll. Data are in current dollars and have not been adjusted for inflation. Detail may not add to total because of rounding. Introductory text includes scope and methodology.
For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table. "% chg" columns show percent change between 1992 and 1997. An alternate display has 1992 columns.

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SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
  Financial, insurance, and real estate industries 14,325 12.9 N N 247,872 14.4 12,728,967 57.4
60 Depository institutions 2,700 1.6 D N (50k-99999) N D N
61 Nondepository credit institutions 692 17.3 D N (5000-9999) N D N
62 Security and commodity brokers, dealers, exchanges, and services 1,424 72.6 14,717,030 266.6 53,550 164.3 4,743,860 209.0
63 Insurance carriers 629 2.6 D N (50k-99999) N D N
64 Insurance agents, brokers, and services 3,152 9.2 2,472,775 41.2 20,556 3.4 862,455 27.0
65 Real estate 5,048 9.7 4,540,864 34.2 31,635 10.1 959,917 25.2
67 Holding and other investment offices, except trusts 680 30.8 D N (5000-9999) N D N
N=Comparable data not available D=Withheld to avoid disclosure

 

 

Financial, Insurance, and Real Estate Industries by Industry (4-digit SIC)
Includes only establishments with payroll. Data are in current dollars and have not been adjusted for inflation. Detail may not add to total because of rounding. Introductory text includes scope and methodology.
For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table. "% chg" columns show percent change between 1992 and 1997. An alternate display has 1992 columns.

SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
  Financial, insurance, and real estate industries 14,325 12.9 N N 247,872 14.4 12,728,967 57.4
60 Depository institutions 2,700 1.6 D N (50k-99999) N D N
601 Central reserve depository institutions 3 50.0 2,722,463 44.2 1,270 -24.7 60,737 10.3
6011 Federal reserve banks 1 0.0 1,403,000 12.9 1,143 -27.2 52,824 7.5
6019 Central reserve depository institutions, n.e.c. 2 100.0 1,319,463 104.5 127 8.5 7,913 34.0
602 Commercial banks 1,260 18.3 D N (25k-49999) N D N
6021 National commercial banks 864 51.0 5,964,021 -12.6 15,460 -20.3 585,814 -5.8
6022 State commercial banks 396 -19.7 D N (10k-24999) N D N
603 Savings institutions 954 -11.3 4,693,853 -6.4 17,244 -15.7 541,841 1.3
6035 Savings institutions, federally chartered 127 2.4 1,123,156 15.4 2,078 -39.0 70,456 -19.1
6036 Savings institutions, not federally chartered 827 -13.0 3,570,697 -11.6 15,166 -11.0 471,385 5.3
606 Credit unions 404 -10.2 D N (2500-4999) N D N
6061 Credit unions, federally chartered 234 -9.3 D N (1000-2499) N D N
6062 Credit unions, not federally chartered 170 -11.5 465,001 11.1 2,134 4.6 60,658 33.3
608 Foreign banking and branches and agencies of foreign banks 6 -14.3 D N (20-99) N D N
609 Functions related to depository banking 73 25.9 D N (250-499) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
61 Nondepository credit institutions 692 17.3 D N (5000-9999) N D N
616 Mortgage bankers and brokers 438 54.8 D N (2500-4999) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
62 Security and commodity brokers, dealers, exchanges, and services 1,424 72.6 14,717,030 266.6 53,550 164.3 4,743,860 209.0
621 Security brokers, dealers, and flotation companies 569 77.3 D N (10k-24999) N D N
6211 Security brokers, dealers, and flotation companies 569 77.3 D N (10k-24999) N D N
623 Security and commodity exchanges 1 0.0 D N (20-99) N D N
6231 Security and commodity exchanges 1 0.0 D N (20-99) N D N
628 Services allied with the exchange of securities or commodities 844 69.5 D N (25k-49999) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
63 Insurance carriers 629 2.6 D N (50k-99999) N D N
631 Life insurance 266 -10.1 Q N (25k-49999) N D N
6311 Life insurance 266 -10.1 Q N (25k-49999) N D N
632 Accident and health insurance and medical service plans 85 11.8 Q N 11,616 20.1 495,705 52.9
6321 Accident and health insurance 20 -13.0 Q N (1000-2499) N D N
6324 Hospital and medical service plans 65 22.6 Q N (10k-24999) N D N
633 Fire, marine, and casualty insurance 201 18.9 Q N (10k-24999) N D N
6331 Fire, marine, and casualty insurance 201 18.9 Q N (10k-24999) N D N
635 Surety insurance 11 -35.3 Q N 107 N 5,691 N
6351 Surety insurance 11 -35.3 Q N 107 N 5,691 N
636 Title insurance 13 0.0 Q N (100-249) N D N
6361 Title insurance 13 0.0 Q N (100-249) N D N
637 Pension, health, and welfare funds 48 23.1 27,899 N 360 N 13,762 N
6371 Pension, health, and welfare funds 48 23.1 27,899 N 360 N 13,762 N
639 Insurance carriers, n.e.c. 5 66.7 D N (20-99) N D N
6399 Insurance carriers, nec 5 66.7 D N (20-99) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
64 Insurance agents, brokers, and services 3,152 9.2 2,472,775 41.2 20,556 3.4 862,455 27.0
641 Insurance agents, brokers, and services 3,152 9.2 2,472,775 41.2 20,556 3.4 862,455 27.0
6411 Insurance agents, brokers, and services 3,152 9.2 2,472,775 41.2 20,556 3.4 862,455 27.0
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
65 Real estate 5,048 9.7 4,540,864 34.2 31,635 10.1 959,917 25.2
651 Real estate operators (except developers) and lessors 1,706 -7.6 D N (5000-9999) N D N
6512 Operators of nonresidential buildings 727 -12.8 D N (2500-4999) N D N
6513 Operators of apartment buildings 737 1.2 785,973 18.9 5,118 23.7 120,890 41.6
6514 Operators of dwellings other than apartment buildings 132 -16.5 81,868 17.9 740 50.4 12,059 30.7
6515 Operators of residential mobile home sites 74 -18.7 33,588 29.2 227 -0.9 5,720 19.8
653 Real estate agents and managers 2,921 22.2 D N (10k-24999) N D N
6531 Real estate agents and managers 2,921 22.2 D N (10k-24999) N D N
654 Title abstract offices 65 32.7 33,025 84.8 262 12.4 10,302 47.9
655 Land subdividers and developers 356 13.0 D N (1000-2499) N D N
SIC 1987 SIC Description Establishments Revenue
($1,000)
Paid employees Annual payroll
($1,000)
1997 % chg 1997 % chg 1997 % chg 1997 % chg
67 Holding and other investment offices, except trusts 680 30.8 D N (5000-9999) N D N
671 Holding offices 253 14.5 D N (2500-4999) N D N
672 Investment offices 0 N 0 N 0 N 0 N
673 Trusts 198 N D N (500-999) N D N
679 Miscellaneous investing 229 -10.2 D N (2500-4999) N D N
N=Comparable data not available D=Withheld to avoid disclosure

Top: 2-digit SIC table All-sector table Data in formats for downloading PDF report

Source: 1997 Economic Census, Comparative Statistics   - Questions?
Last revised: July 13, 2011