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The U.S. Census Bureau today released preliminary data from the 2007 Economic Census. This advance report is the first in a series of industry and geographic area data, including information for more than 1,000 communities not available from previous censuses.
The economic census is conducted every five years and is the most comprehensive and detailed profile of the U.S. economy, covering millions of businesses representing more than 1,000 industries. The census provides the foundation and benchmark for gross domestic product, monthly retail sales and other indicators of economic performance. These data also provide unique portraits of American industries and local communities.
"The quality and timely release of these data are a direct result of the cooperation of millions of U.S. businesses," said C. Harvey Monk Jr., associate director for economic programs at the U.S. Census Bureau. "The Census Bureau thanks every member of the business community for their efforts in helping to create this critical measure of the American economy."
The report is made up of two data sets, Advance Summary Statistics for the United States: 2007 and Advance Comparative Statistics for the United States: 2007. These show the number of establishments, revenue (sales), payroll and number of employees at the national level for 101 industry groups based on the North American Industry Classification System (NAICS).
Among the findings in this report:
Data from the 2007 Economic Census will be released over a two-year period, through June 2011, and will be available in American FactFinder, the Census Bureau's online data access tool. These data primarily cover the nation's 7 million businesses with paid employees. Separate data on the 21 million businesses without paid employees will be released in mid-2009.
New to the 2007 Economic Census:
Reference information about the economic census, including a data release schedule, is available on the 2007 Economic Census home page<http://www.census.gov/econ/census07/>. To receive alerts when particular industry or geographic reports are released via the soon to be available economic census NotifyMe service, users can sign up at <http://business.census.gov>. The site also provides industry snapshots, state rankings and other features to help users better understand the data.