Economy of the United States by sector

From Wikipedia, the free encyclopedia

The economy of the United States is subdivided into economic sectors in different ways by different organizations. The North American Industry Classification System (NAICS) was developed in 1997 and is used by the United States Census Bureau, while the older Standard Industrial Classification is used at the U.S. Securities and Exchange Commission (SEC).

Economic Census

The United States Census Bureau currently conducts a comprehensive Economic Census[1] every five years. The results of this survey are tabulated according to the NAICS and provide statistics about the U.S. economy. The most recent data are from 2007.[2] The 2012 Economic Census is underway with the initial results to be available in December 2013.[3]

Comparative statistics

The Census Bureau releases sector-by-sector statistics on the number of establishments, total business activity, annual payroll, and number of paid employees. A standardized classification of the economy into sectors makes it possible to compare census results over time. However, to reflect the evolving nature of the economy, the NAICS is updated every five years. Therefore, when comparing different censuses, a particular NAICS basis is usually specified. The following data are based on a comparison of the 2007 and 2002 censuses using the 2002 NAICS basis and an older comparison of the 1997 and 2002 censuses using the older 1997 NAICS basis. Thus, (*) the 1997 data are based on a slightly different classification than the 2007 and 2002 data.

Number of establishments by sector in the United States economy in 1997, 2002, and 2007.
Value of sales, shipments, receipts, revenue, or business done by sector in the United States economy in 1997, 2002, and 2007.
Annual payroll by sector in the United States economy in 1997, 2002, and 2007.
Employees by sector in the United States economy in 1997, 2002, and 2007.
Annual payroll per employee by sector in the United States economy in 1997, 2002, and 2007.

2002 statistics

Sectors of the U.S. Economy in 2002 - firms with payroll - All Sector Totals[4]
Sector Establishments Sales, receipts, or
shipments ($1,000)
Annual payroll
($1,000)
Paid
employees
Mining 24,087 182,911,093 21,173,895 477,840
Utilities 17,103 398,907,044 42,417,830 663,044
Construction 710,307 1,196,555,587 254,292,144 7,193,069
Manufacturing 350,828 3,916,136,712 576,170,541 14,699,536
Wholesale trade 435,521 4,634,755,112 259,653,080 5,878,405
Retail trade 1,114,637 3,056,421,997 302,113,581 14,647,675
Transportation & warehousing 199,618 382,152,040 115,988,733 3,650,859
Information 137,678 891,845,956 194,670,163 3,736,061
Finance & insurance 440,268 2,803,854,868 377,790,172 6,578,817
Real estate & rental & leasing 322,815 335,587,706 60,222,584 1,948,657
Professional, scientific, & technical services 771,305 886,801,038 376,090,052 7,243,505
Management of companies & enterprises 49,308 107,064,264 178,996,060 2,605,292
Administrative & support & waste management & remediation service 350,583 432,577,580 206,439,329 8,741,854
Educational services 49,319 30,690,707 10,164,378 430,164
Health care & social assistance 704,526 1,207,299,734 495,845,829 15,052,255
Arts, entertainment, & recreation 110,313 141,904,109 45,169,117 1,848,674
Accommodation & food services 565,590 449,498,718 127,554,483 10,120,951
Other services (except public administration) 537,576 307,049,461 82,954,939 3,475,310
Totals 6,891,382 21,362,013,726 3,727,706,910 108,991,968
Sales and employees by sector within the United States economy in 2002.
Sectors of the US economy ranked by number of sales, receipts, or shipments in the year 2002. Includes both employers and nonemployers

See also

References

  1. ^ Economic Census: http://www.census.gov/econ/census/
  2. ^ 2007 Economic Census: http://www.census.gov/econ/census07/
  3. ^ 2012 Economic Census: http://www.census.gov/econ/census/index.html
  4. ^ 2002 Economic Census - Summary Statistics by 2002 NAICS: http://www.census.gov/econ/census02/data/us/US000.HTM
Retrieved from "https://en.wikipedia.org/w/index.php?title=Economy_of_the_United_States_by_sector&oldid=776834815"
This content was retrieved from Wikipedia : http://en.wikipedia.org/wiki/Economy_of_the_United_States_by_sector
This page is based on the copyrighted Wikipedia article "Economy of the United States by sector"; it is used under the Creative Commons Attribution-ShareAlike 3.0 Unported License (CC-BY-SA). You may redistribute it, verbatim or modified, providing that you comply with the terms of the CC-BY-SA