Source: Statistical Abstract of the United States: 1889 Edition. 500 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Section 15 Business Enterprise This section relates to the place and behavior of the business firm and to business initiative in the American economy. It includes data on the number, type, and size of businesses; financial data of domestic and multinational U.S. corporations; business investments, expenditures, and profits; and sales and inventories. The principal sources of these data are the Survey of Current Business, published by the Bureau of Economic Analysis (BEA), the Statistical Supplement to the Federal Reserve Bulletin, issued by the Board of Governors of the Federal Reserve System, the annual Statistics of Income (SOI) reports of the Internal Revenue Service (IRS), and the Census Bureau’s Economic Census, County Business Patterns, Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations (QFR), Surveys of Minority- and Women-Owned Business Enterprises, and Annual Capital Expenditures Survey. Business firms—A firm is generally defined as a business organization under a single management and may include one or more establishments. The terms firm, business, company, and enterprise are used interchangeably throughout this section. A firm doing business in more than one industry is classified by industry according to the major activity of the firm as a whole. The IRS concept of a business firm relates primarily to the legal entity used for tax reporting purposes. A sole proprietorship is an unincorporated business owned by one person and may include large enterprises with many employees and hired managers and part-time operators. A partnership is an unincorporated business owned by two or more persons, each of whom has a financial interest in the business. A corporation is a business that is legally incorporated under state laws. While many corporations file consolidated tax returns, most corporate tax returns represent individual corporations, some of which are affiliated through common ownership or control with other corporations filing separate returns. Economic census—The economic census is the major source of facts about the structure and functioning of the nation’s economy. It provides essential information for government, business, industry, and the general public. It furnishes an important part of the framework for such composite measures as the gross domestic product estimates, input/output measures, production and price indexes, and other statistical series that measure shortterm changes in economic conditions. The Census Bureau takes the economic census every 5 years, covering years ending in ‘‘2’’ and ‘‘7.’’ The economic census forms an integrated program at 5-year intervals since 1967, and before that for 1963, 1958, and 1954. Prior to that time, the individual censuses were taken separately at varying intervals. The economic census is collected on an establishment basis. A company operating at more than one location is required to file a separate report for each store, factory, shop, or other location. Each establishment is assigned a separate industry classification based on its primary activity and not that of its parent company. Establishments responding to the establishment survey are classified into industries on the basis of their principal product or activity (determined by annual sales volume). The statistics issued by industry in the 2002 Economic Census are classified primarily on the 2002 North American Industry Classification System (NAICS), and, to a lesser extent, on the 1997 NAICS used in the previous census (see below). More detailed information about the scope, coverage, methodology, classification system, data items, and publications for each of the economic censuses and Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 501 related surveys is published in the Guide to the 2002 Economic Census at <http://www.census.gov/econ/census02 /guide/index.html>. Data from the 2002 Economic Census were released through the Census Bureau’s American FactFinder service, on CD-ROM, in Adobe Acrobat PDF reports and in hypertext ‘‘drill-down’’ tables available on the Census Bureau Web site. For more information on these various media of release, see the following page on the Census Bureau Web site <http://www .census.gov/econ/census02/>. North American Industry Classification System (NAICS)—NAICS has replaced the previous Standard Industrial Classification (SIC) system. This new system of industrial classification was developed by experts on classification in the United States, Canada, and Mexico. NAICS 2002 is the same as NAICS 1997 for 14 of the 20 sectors. Construction and wholesale trade are substantially changed, but the revisions also modify a number of retail classifications and the organization of the information sector. Very minor boundary adjustments affect administrative and support services and mining. NAICS also reflects, in a much more explicit way, the enormous changes in technology and in the growth and diversification of services that have marked recent decades. A key feature of NAICS is the revision for the Information sector. A few of the new and important industries created in this section include: 502 Internet service providers and Web search portals, and Internet publishing and broadcasting. Also included in the Information sector is electronic shopping and electronic auctions. Most of the 1997 and 2002 Economic Census data are issued on a NAICS basis as seen in the industry and geographic series from the census. Current survey data from the Census Bureau as well as other statistical agencies are converting over time to NAICS after benchmarking to the 1997 Economic Census where appropriate or implementation of data collection on a NAICS basis. Quarterly Financial Report—The Quarterly Financial Report (QFR) program publishes quarterly aggregate statistics on the financial conditions of U.S. corporations. The QFR requests companies to report estimates from their statements of income and retained earnings, balance sheets, and related financial and operating ratios for domestic operations. The statistical data are classified and aggregated by type of industry and asset size. The QFR sample includes large manufacturing companies, mostly with $250 million or more in assets. It also includes a small sample of manufacturing companies, mostly with assets between $250 thousand and $250 million, and a sample of mining, wholesale, and retail companies, mostly with assets of $50 million or more. The data are published quarterly in the Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations and on the Internet at <http://www.census.gov/csd/qfr/>. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 725. Number of Returns, Receipts, and Net Income by Type of Business: 1980 to 2002 [8,932 represents 8,932,000. Covers active enterprises only. Figures are estimates based on sample of unaudited tax returns; see Appendix III. Minus sign (-) indicates net loss] Number of returns (1,000) Item 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts (bil. dol.) 2 Net income (less loss) (bil. dol.) 3 Nonfarm proprietorships 1 Partnerships Corporations Nonfarm proprietorships 1 Partnerships Corporations Nonfarm proprietorships 1 Partnerships Corporations 8,932 11,929 14,783 15,181 15,495 15,848 16,154 16,424 16,955 17,176 17,409 17,576 17,905 18,338 18,926 1,380 1,714 1,554 1,515 1,485 1,468 1,494 1,581 1,654 1,759 1,855 1,937 2,058 2,132 2,242 2,711 3,277 3,717 3,803 3,869 3,965 4,342 4,474 4,631 4,710 4,849 4,936 5,045 5,136 5,267 411 540 731 713 737 757 791 807 843 870 918 969 1,021 1,017 1,030 286 349 541 539 571 627 732 854 1,042 1,297 1,534 1,829 2,316 2,569 2,669 6,172 8,050 10,914 10,963 11,272 11,814 12,858 13,969 14,890 15,890 16,543 18,009 19,593 19,308 18,849 55 79 141 142 154 156 167 169 177 187 202 208 215 217 221 8 -9 17 21 43 67 82 107 145 168 187 228 269 276 271 239 240 371 345 402 498 577 714 806 915 838 929 928 604 564 1 In 1980, represents individually-owned businesses, including farms; thereafter, represents only nonfarm proprietors, i.e., business owners. 2 Excludes investment income except for partnerships and corporations in finance, insurance, and real estate before 1998. Beginning 1998 finance and insurance, real estate, and management of companies included investment income for partnerships and corporations. Starting 1985, investment income no longer included for S corporations. 3 Net income (less loss) is defined differently by form of organization, basically as follows: (a) Proprietorships: Total taxable receipts less total business deductions, including cost of sales and operations, depletion, and certain capital expensing, excluding charitable contributions and owners’ salaries; (b) Partnerships: Total taxable receipts (including investment income except capital gains) less deductions, including cost of sales and operations and certain payments to partners, excluding charitable contributions, oil and gas depletion, and certain capital expensing; (c) Corporations: Total taxable receipts (including investment income, capital gains, and income from foreign subsidiaries deemed received for tax purposes, except for S corporations beginning 1985) less business deductions, including cost of sales and operations, depletion, certain capital expensing, and officers’ compensation excluding S corporation charitable contributions and investment expenses starting 1985; net income is before income tax. Source: U.S. Internal Revenue Service, Statistics of Income, various publications. Table 726. Number of Returns and Business Receipts by Size of Receipts: 1990 to 2002 [3,717 represents 3,717,000. Covers active enterprises only. Figures are estimates based on sample of unaudited tax returns; see Appendix III] Returns (1,000) Size-class of receipts Business receipts 1990 1995 2000 2001 2002 1990 1995 2000 1 (bil. dol.) 2001 2002 Corporations . . . . . . . Under $25,000 2 . . . . $25,000 to $49,999 . . $50,000 to $99,999 . . $100,000 to $499,999 $500,000 to $999,999 $1,000,000 or more . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,717 879 252 359 1,162 416 649 4,474 1,030 288 447 1,393 513 803 5,045 1,220 302 477 1,515 582 946 5,136 1,248 296 485 1,550 601 956 5,267 1,283 314 514 1,583 611 962 10,914 5 9 26 291 294 10,289 13,969 4 11 33 350 361 13,210 19,593 4 10 35 397 407 18,738 19,308 3 11 36 388 428 18,442 18,849 4 12 38 395 434 17,967 Partnerships . . . . . . . . Under $25,000 2 . . . . $25,000 to $49,999 . . $50,000 to $99,999 . . $100,000 to $499,999 $500,000 to $999,999 $1,000,000 or more . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,554 963 126 133 222 52 57 1,581 931 133 142 245 59 69 2,058 1,105 183 187 353 92 137 2,132 1,130 183 192 373 103 151 2,242 1,204 185 195 394 105 159 541 4 5 10 51 36 435 854 4 5 10 56 42 738 2,316 5 7 13 82 66 2,143 2,569 5 7 14 88 73 2,383 2,669 5 7 14 92 74 2,478 Nonfarm proprietorships Under $25,000 2 . . . . . $25,000 to $49,999 . . . $50,000 to $99,999 . . . $100,000 to $499,999 . $500,000 to $999,999 . $1,000,000 or more . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,783 10,196 1,660 1,282 1,444 143 57 16,424 11,317 1,983 1,393 1,514 147 70 17,905 11,997 2,247 1,645 1,733 190 92 18,338 12,345 2,239 1,704 1,759 197 93 18,926 12,716 2,358 1,752 1,803 203 93 731 69 58 91 296 97 119 807 76 71 99 310 100 151 1,021 82 80 117 355 126 261 1,017 86 79 121 353 133 245 1,030 87 83 124 362 138 234 1 Excludes investment income except for partnerships and corporations in finance, insurance, and real estate before 1998. Beginning 1998, finance and insurance, real estate, and management of companies included investment income for partnerships and corporations. 2 Includes firms with no receipts. Source: U.S. Internal Revenue Service, Statistics of Income Bulletin; and unpublished data. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 503 Table 727. Number of Returns, Receipts, and Net Income by Type of Business and Industry: 2002 [18,926 represents 18,926,000. Covers active enterprises only. Figures are estimates based on sample of unaudited tax returns; see Appendix III. Based on the North American Industry Classification System (NAICS), 2002; see text, this section. Minus sign (-) indicates net loss] Number of returns (1,000) NAICS code Industry 2 Total . . . . . . . . . . . . . Agriculture, forestry, fishing, and hunting 3 . . . . . Mining . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . Special trade contractors . . Manufacturing . . . . . . . . . . . Wholesale and retail trade 4 . . Wholesale trade . . . . . . . . Retail trade 5 . . . . . . . . . . Motor vehicle and parts dealers . . . . . . . . . . . Food and beverage stores . . . . . . . . . . . . Gasoline stations . . . . . . Transportation and warehousing . . . . . . . . . . . Information . . . . . . . . . . . . . Finance and insurance . . . . . Real estate and rental and leasing . . . . . . . . Professional, scientific, and technical services 5 . . . . . . . Legal services . . . . . . . . . Accounting, tax preparation, bookkeeping, and payroll services . . . . . . . . . . . . Management, scientific, and technical consulting services . . . . . . . . . . . . Management of companies and enterprises . . . . . . . . . Administrative and support and waste management and remediation services . . Educational services . . . . . . . Health care and social assistance . . . . . . . . Arts, entertainment and recreation . . . . . . . . . . Accommodation and food services . . . . . . . . . . . . . . Accommodation . . . . . . . . Food services and drinking places . . . . . . . . Other services 5 . . . . . . . . . . Auto repair and maintenance . . . . . . . . . Personal and laundry services. . . . . . . . . . . . . Religious, grantmaking, civic, professional, and similar organizations . Unclassified. . . . . . . . . . . . . . . (X) . . . . . . . . . . . . . . . . . . 11 21 22 23 235 31-33 (X) 42 44-45 Nonfarm proprietor- Partnerships ships Business receipts (bil. dol.) Corporations Nonfarm proprietor- Partnerships ships 1 Net income (less loss) (bil. dol.) Corporations Nonfarm proprietor- Partnerships ships Corporations 18,926 2,242 5,267 1,030 2,669 18,849 221 271 564 305 110 7 2,278 1,708 310 2,629 308 2,321 118 30 3 134 46 38 160 38 122 140 30 8 649 383 280 965 360 601 15 6 (Z) 168 108 23 215 35 179 18 55 147 170 28 485 538 257 281 108 142 537 1,080 434 4,823 5,279 2,440 2,837 1 1 (Z) 28 21 3 12 5 8 -1 12 1 11 2 23 9 7 2 (Z) 1 -1 28 10 119 87 37 50 . . 441 154 16 89 35 79 738 1 1 8 . . 445 . . 447 108 22 16 6 86 37 30 20 46 25 457 141 1 (Z) (Z) (Z) 7 (Z) . . 48-49 . . 51 . . 52 949 223 647 26 29 263 178 120 224 55 6 76 52 167 316 511 799 2,606 8 1 16 3 -7 89 -9 -34 247 . . 53 1,015 1,000 571 53 168 205 23 55 3 . . 54 . . 5411 2,672 357 146 29 736 91 125 34 218 94 652 71 49 14 54 33 2 6 . . 5412 366 16 60 11 37 24 4 7 2 . . 5416 662 32 205 27 23 131 13 4 4 . . 55 (NA) 19 48 (NA) 25 690 (NA) 7 85 . . 56 . . 61 1,754 396 44 6 231 41 45 5 51 2 338 25 12 2 4 (-Z) 5 1 17 . . 62 1,722 47 334 97 102 448 41 13 . . 71 1,106 43 111 23 47 73 6 -2 1 . . 72 . . 721 362 64 78 25 272 34 37 5 93 44 372 108 2 (Z) -1 -2 8 1 . . 722 . . 81 298 2,226 52 57 238 321 32 75 49 15 264 159 1 17 (Z) 1 7 3 316 21 103 23 6 59 3 (Z) 1 . . 812 . . 8111 1,225 26 127 33 5 62 10 (Z) 1 . . 813 . . (X) 257 212 1 3 38 8 3 4 (Z) (Z) 10 (Z) 2 1 (Z) (Z) (Z) (Z) NA Not available. Z Less than $500 million. 1 Includes investment income for partnerships and corporations in finance and insurance, real estate, and management of companies’ industries. Excludes investment income for S corporations. 2 For 3 corporations, includes businesses not allocable to individual industries. For corporations, represents agricultural services only. 4 For corporations, includes trade business not identified as wholesale or retail. 5 Includes other industries not shown separately. Source: U.S. Internal Revenue Service, Statistics of Income, various publications. 504 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 728. Nonfarm Sole Proprietorships—Selected Income and Deduction Items: 1990 to 2002 [In billions of dollars (731 represents $731,000,000,000) except as indicated. All figures are estimates based on samples. Tax law changes have affected the comparability of the data over time; see Statistics of Income reports for a description. See Appendix III] 1990 1995 1996 1997 1998 1999 2000 2001 2002 Number of returns (1,000) . . . . . . . . . . Returns with net income (1,000). . . . . . . . . . . . . . . . . . . . . Item 14,783 16,424 16,955 17,176 17,409 17,576 17,905 18,338 18,926 11,222 12,213 12,524 12,703 13,080 13,159 13,308 13,604 13,751 Business receipts . . . . . . . . . . . . . . . . Income from sales and operations . . . 731 719 807 797 843 832 870 858 918 905 969 955 1,021 1,008 1,017 1,002 1,030 1,015 . . . . . . . . . . . . . . . . . . 589 291 210 23 30 (NA) 22 9 24 13 13 (NA) 23 9 47 (NA) 10 14 638 307 219 24 34 (NA) 33 10 27 13 10 (NA) 28 10 54 (NA) 13 17 666 316 220 26 40 (NA) 37 11 28 13 11 (NA) 29 11 56 (NA) 14 18 684 320 224 25 38 9 39 11 29 13 11 9 29 11 58 20 14 19 716 341 231 27 42 9 40 11 29 13 11 10 30 11 59 20 14 18 761 370 256 29 42 9 41 11 31 13 11 10 31 12 61 22 14 18 806 387 269 29 43 10 46 12 32 14 12 10 33 12 63 22 14 19 800 363 247 28 44 11 47 12 33 14 13 11 34 12 64 23 14 20 809 352 227 30 46 11 50 14 37 16 11 11 35 13 66 25 15 21 Net income (less loss) 2 . . . . . . . . . . . . Net income 2 . . . . . . . . . . . . . . . . . 141 162 169 192 177 200 187 210 202 226 208 233 215 245 217 250 221 257 896 722 173 198 877 693 184 208 899 710 188 213 912 717 196 221 952 742 210 235 991 778 213 239 1,021 806 215 245 993 781 212 244 991 778 213 248 Business deductions 1 . . . . . . . Cost of goods sold/operations Purchases . . . . . . . . . . . Labor costs . . . . . . . . . . . Materials and supplies . . . Advertising . . . . . . . . . . . . . Car and truck expenses . . . . Commissions . . . . . . . . . . . Depreciation . . . . . . . . . . . . Insurance. . . . . . . . . . . . . . Interest paid . . . . . . . . . . . . Office expenses . . . . . . . . . Rent paid . . . . . . . . . . . . . . Repairs . . . . . . . . . . . . . . . Salaries and wages (net) . . . Supplies . . . . . . . . . . . . . . Taxes paid . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . Constant (2000) Dollars Business receipts . . . . . . . . . . Business deductions . . . . . . . . Net income (less loss) . . . . . . . Net income. . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . . . . . . . . NA Not available. 1 Includes other amounts not shown separately. 2 After adjustment for the passive loss carryover from prior years. Therefore, ‘‘business receipts’’ minus ‘‘total deductions’’ do not equal ‘‘net income.’’ 3 Based on the overall implicit price deflator for gross domestic product. Source: U.S. Internal Revenue Service, Statistics of Income Bulletin. Table 729. Partnerships—Selected Income and Balance Sheet Items: 1990 to 2002 [In billions of dollars (1,735 represents $1,735,000,000,000), except as indicated. Covers active partnerships only. All figures are estimates based on samples. See Appendix III] Item 1990 1995 1996 1997 1998 1999 2000 2001 2002 1,554 854 17,095 1,581 955 15,606 1,654 1,010 15,662 1,759 1,092 16,184 1,855 1,171 15,663 1,937 1,226 15,924 2,058 1,261 13,660 2,132 1,301 14,232 2,242 1,325 14,328 . . . . . . . . . . . . . . . . . . . 1,735 681 57 215 1,415 67 88 498 470 320 566 483 21 550 243 56 9 30 60 2,719 767 88 221 1,886 91 124 544 466 832 890 854 31 784 395 80 13 43 23 3,368 848 137 232 2,235 121 126 607 474 1,133 1,089 1,042 33 943 486 94 15 49 29 4,171 980 147 257 2,658 159 127 706 492 1,513 1,354 1,297 41 1,186 625 115 18 60 38 5,127 1,153 176 291 3,151 191 230 884 523 1,976 1,603 1,534 51 1,416 737 143 24 73 43 5,999 1,314 174 326 3,453 244 232 989 582 2,546 1,907 1,829 62 1,679 902 170 27 74 52 6,694 1,487 150 359 3,696 230 252 1,132 639 2,999 2,405 2,316 82 2,136 1,226 201 31 93 59 8,428 1,646 208 392 4,835 362 289 1,286 700 3,593 2,665 2,569 85 2,389 1,338 231 35 97 72 8,867 1,792 203 423 4,972 346 283 1,375 770 3,895 2,773 2,669 70 2,502 1,430 238 36 68 83 Net income (less loss) . . . . . . . . . . . . . Net income. . . . . . . . . . . . . . . . . . . 17 116 107 179 145 228 168 262 187 298 228 348 269 410 276 446 271 440 Number of returns (1,000) . . . . . . Returns with net income (1,000). Number of partners (1,000). . . . . . Assets 1 2 . . . . . . . . . . . . . . . . . Depreciable assets (net) . . . . . . Inventories, end of year . . . . . . Land . . . . . . . . . . . . . . . . . . . Liabilities 1 2 . . . . . . . . . . . . . . . Accounts payable . . . . . . . . . . Short-term debt 3. . . . . . . . . . . Long-term debt 4 . . . . . . . . . . . Nonrecourse loans . . . . . . . . . Partners’ capital accounts 2 . . . . . Receipts 1 . . . . . . . . . . . . . . . . . Business receipts 5 . . . . . . . . . Interest received . . . . . . . . . . . Deductions 1 . . . . . . . . . . . . . . . Cost of goods sold/operations . . Salaries and wages . . . . . . . . . Taxes paid . . . . . . . . . . . . . . . Interest paid . . . . . . . . . . . . . . Depreciation . . . . . . . . . . . . . . .... .... .... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Includes items not shown separately. 2 Assets, liabilities, and partners’ capital accounts are understated because not all partnerships file complete balance sheets. 3 Mortgages, notes, and bonds payable in less than 1 year. 4 Mortgages, notes, and bonds payable in 1 year or more. 5 Excludes investment income except for partnerships in finance, insurance, and real estate from 1995 to 1997. Beginning 1998 finance and insurance, real estate, and management of companies included investment income for partnerships. Source: U.S. Internal Revenue Service, Statistics of Income, various issues. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 505 Table 730. Partnerships—Selected Items by Industry: 2002 [In billions of dollars (8,867 represents $8,867,000,000,000), except as indicated. Covers active partnerships only. Figures are estimates based on samples. Based on the North American Industry Classification System (NAICS), 2002; see text, this section. See Appendix III] Number of partnerships (1,000) NAICS code INDUSTRY Total 3 . . . . . . . . . . . . Agriculture, forestry, fishing and hunting . . . . . . . . . . Mining . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . Construction . . . . . . . . . . Manufacturing . . . . . . . . . Wholesale trade . . . . . . . . Retail trade . . . . . . . . . . . Transportation and warehousing . . . . . . . . . Information . . . . . . . . . . . Finance and insurance . . . Real estate and rental and leasing . . . . . . . . . . Professional, scientific, and technical services . . . . . . Management of companies and enterprises . . . . . . . Admin/support waste mgt/remediation services . Educational services . . . . . Health care and social assistance . . . . . . . . . . . Arts, entertainment and recreation . . . . . . . . Accommodation and food services . . . . . . . . . . . . Other services . . . . . . . . . With net Total income . . (X) With net loss Total Net Total Business deducincome Net assets 1 receipts 2 tions less loss income Net loss 2,242 1,325 917 8,867 2,669 2,502 270.7 11 21 22 23 31-33 42 44-45 118 30 3 134 38 38 122 61 20 1 79 18 17 58 57 10 1 56 20 21 64 80 141 165 145 366 71 86 18 55 147 170 485 257 281 25 49 148 164 478 256 284 -1.1 12.0 1.1 10.7 23.4 6.6 2.1 4.5 17.6 5.6 15.8 37.3 9.3 6.9 5.7 5.6 4.5 5.0 14.0 2.7 4.8 . . 48-49 . . 51 . . 52 26 29 263 13 11 201 13 18 62 108 383 4,377 52 167 316 53 186 227 2.9 -6.5 89.3 6.2 19.1 108.8 3.3 25.6 19.5 . . 53 1,000 596 404 2,235 168 122 55.0 102.1 47.1 . . 54 146 94 52 109 218 177 54.4 61.0 6.6 . . 55 19 11 8 296 25 19 6.7 12.1 5.3 . . 56 . . 61 44 6 26 4 19 3 30 6 51 2 50 3 3.7 -0.4 5.0 0.4 1.3 0.8 . . 62 47 31 17 61 102 94 13.4 16.6 3.2 . . 71 43 15 27 59 47 55 -1.8 4.2 6.0 . . 72 . . 81 78 57 38 31 40 26 136 12 93 15 98 15 -1.4 0.5 5.5 1.6 6.9 1.1 . . . . . . . . . . . . . . 1 439.8 169.1 2 Total assets are understated because not all partnerships file complete balance sheets. Finance and X Not applicable. insurance, real estate, and management of companies includes investment income for partnerships. 3 Includes businesses not allocable to individual industries. Source: U.S. Internal Revenue Service, Statistics of Income, various issues. Table 731. Nonfarm Noncorporate Business-Sector Balance Sheet: 1990 to 2004 [In billions of dollars (3,733 represents $3,733,000,000,000), except as noted. Represents year-end outstandings] 1990 1995 1998 1999 2000 2001 2002 2003 2004 Assets . . . . . . . . . . . . . . Tangible assets . . . . . . . . . . . . . . Real estate 1 . . . . . . . . . . . . . . Residential. . . . . . . . . . . . . . Nonresidential . . . . . . . . . . . Equipment and software 2 . . . . . Residential 3 . . . . . . . . . . . . Nonresidential . . . . . . . . . . . Inventories 2 . . . . . . . . . . . . . . Financial assets. . . . . . . . . . . . . . Checkable deposits and currency Time and savings deposits . . . . . Money market fund shares . . . . . Treasury securities . . . . . . . . . . Municipal securities. . . . . . . . . . Mortgages. . . . . . . . . . . . . . . . Trade receivables . . . . . . . . . . . Miscellaneous assets . . . . . . . . Insurance receivables . . . . . . Equity investment in GSEs 4 . . Other . . . . . . . . . . . . . . . . . Item . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,733 3,376 3,066 2,131 935 263 32 232 47 356 71 51 7 13 31 98 86 39 1 47 4,116 3,568 3,218 2,370 848 294 36 259 56 548 105 71 17 24 2 22 140 167 44 1 122 5,378 4,387 3,997 2,956 1,041 329 37 292 61 991 179 98 33 38 3 25 233 382 46 2 335 5,850 4,675 4,261 3,166 1,095 348 37 311 66 1,175 218 118 41 37 3 23 273 464 46 2 416 6,511 5,091 4,654 3,462 1,191 367 39 329 70 1,420 274 138 49 40 2 21 342 554 46 2 506 6,812 5,236 4,792 3,623 1,169 377 40 338 67 1,575 275 145 59 43 4 23 344 684 48 2 634 7,143 5,488 5,035 3,847 1,188 384 40 344 69 1,655 280 156 61 43 3 23 363 725 52 2 671 7,685 5,896 5,429 4,193 1,237 397 40 357 70 1,789 288 164 53 44 4 25 418 794 57 2 735 8,325 6,364 5,869 4,586 1,283 419 42 377 77 1,960 291 173 50 46 4 25 482 889 61 2 826 Liabilities . . . . . . . . Credit market instruments . . . Bank loans n.e.c. 5 . . . . . . Other loans and advances . Mortgages. . . . . . . . . . . . Trade payables . . . . . . . . . . Taxes payable . . . . . . . . . . . Miscellaneous liabilities . . . . . Net worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,349 1,093 136 94 863 60 32 164 2,384 1,396 1,062 165 92 805 86 33 215 2,720 2,021 1,405 262 108 1,035 179 44 393 3,357 2,332 1,600 313 117 1,170 213 53 467 3,518 2,674 1,797 361 128 1,308 260 65 553 3,838 2,890 1,959 405 125 1,429 255 69 607 3,921 3,085 2,108 430 128 1,550 281 70 626 4,058 3,331 2,264 420 133 1,711 325 80 663 4,354 3,595 2,432 436 139 1,857 383 84 695 4,730 Debt/net worth (percent) . . . . . . . . . . . 45.9 39.0 41.9 45.5 46.8 50.0 51.9 52.0 51.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 3 At market value. At replacement (current) cost. Durable goods in rental - Represents or rounds to zero. properties. 4 GSEs = government-sponsored enterprises. Equity in the Farm Credit System. 5 Not elsewhere classified. Source: Board of Governors of the Federal Reserve System, ‘‘Federal Reserve Statistical Release, Z.1, Flow of Funds Accounts of the United States’’; published: 10 March 2005; <http://www.federalreserve.gov/releases/Z1/20050310/data.htm>. 506 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 732. Nonfinancial Corporate Business-Sector Balance Sheet: 1990 to 2004 [In billions of dollars (9,680 represents $9,680,000,000,000). Represents year-end outstandings] 1990 1995 1998 1999 2000 2001 2002 2003 2004 Assets. . . . . . . . . . . . . . . . . Tangible assets . . . . . . . . . . . . . . Real estate 1 . . . . . . . . . . . . . . Equipment and software 2 . . . . . . Inventories 2 . . . . . . . . . . . . . . . Financial assets 3 . . . . . . . . . . . . . Checkable deposits and currency . Time and savings deposits . . . . . Money market fund shares . . . . . Commercial paper . . . . . . . . . . . Treasury securities . . . . . . . . . . Consumer credit . . . . . . . . . . . . Trade receivables . . . . . . . . . . . Mutual fund shares 1 . . . . . . . . . Item . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,680 6,104 3,384 1,819 901 3,575 166 75 20 14 38 67 967 10 11,459 6,501 3,144 2,287 1,070 4,959 205 100 60 20 57 85 1,185 46 14,838 8,022 4,170 2,687 1,165 6,816 275 113 126 39 24 88 1,440 98 16,627 8,534 4,417 2,864 1,252 8,094 331 137 155 48 19 86 1,648 127 18,928 9,155 4,755 3,067 1,334 9,772 381 137 191 58 18 90 1,931 124 19,019 9,120 4,687 3,167 1,266 9,899 332 131 302 60 16 89 1,802 111 19,353 9,391 4,868 3,220 1,303 9,962 313 128 329 65 31 86 1,722 97 20,322 9,788 5,139 3,319 1,330 10,534 401 172 291 80 52 70 1,841 121 21,423 10,327 5,396 3,477 1,454 11,097 405 204 280 81 68 74 2,022 129 Liabilities 3 . . . . . . . . . . Credit market instruments. . . . . Commercial paper . . . . . . . . Municipal securities 4 . . . . . . Corporate bonds 5 . . . . . . . . Bank loans n.e.c. 6 . . . . . . . Other loans and advances . . Mortgages . . . . . . . . . . . . . Trade payables . . . . . . . . . . . Taxes payable . . . . . . . . . . . . Net worth (market value) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,729 2,533 117 115 1,008 545 473 274 626 38 4,950 6,010 2,910 157 135 1,344 602 454 218 878 40 5,450 7,458 3,778 193 148 1,846 769 562 261 1,050 64 7,380 8,407 4,186 230 153 2,068 809 585 341 1,228 71 8,220 9,611 4,536 278 154 2,230 853 651 369 1,541 78 9,316 9,809 4,758 190 158 2,579 744 659 429 1,438 81 9,209 9,949 4,786 126 161 2,711 636 675 477 1,462 93 9,404 10,151 4,954 86 164 2,869 571 681 582 1,571 85 10,171 10,377 5,194 102 170 2,947 580 707 688 1,732 90 11,047 Debt/net worth (percent). . . . . . . . . . . . 51.2 53.4 51.2 50.9 48.7 51.7 50.9 48.7 47.0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 At market value. 2 At replacement (current) cost. 3 Includes items not shown separately. 4 Industrial revenue bonds. Issued by state and local governments to finance private investment and secured in interest and principal by the industrial user of the funds. 5 Through 1992, corporate bonds include net issues by Netherlands Antillean financial subsidiaries. 6 Not elsewhere classified. Source: Board of Governors of the Federal Reserve System, Federal Reserve Statistical Release, Z.1, Flow of Funds Accounts of the United States; published: 10 March 2005; <http://www.federalreserve.gov/releases/Z1/20050310/data.htm>. Table 733. Corporate Funds—Sources and Uses: 1990 to 2004 [In billions of dollars (238 represents $238,000,000,000). Covers nonfarm nonfinancial corporate business] Item Profits before tax (book) . . . . . . . . . . . . . - Taxes on corporate income . . . . . . . . - Net dividends. . . . . . . . . . . . . . . . . . + Capital consumption allowance 1 . . . . = U.S. internal funds, book. . . . . . . . . . + Foreign earnings retained abroad . . . . + Inventory valuation adjustment (IVA) . . = Internal funds + IVA . . . . . . . . . . . . . Gross investment. . . . . . . . . . . . . . . . . . Capital expenditures 2 . . . . . . . . . . . . . Fixed investment 3 . . . . . . . . . . . . . Inventory change + IVA . . . . . . . . . . Net financial investment. . . . . . . . . . . . Net acquisition of financial assets 2 . . Time and savings deposits . . . . . . Money market fund shares . . . . . . Treasury securities. . . . . . . . . . . . Agency- and GSE-backed securities Trade receivables . . . . . . . . . . . . Miscellaneous assets 2 . . . . . . . . . U.S. direct investment abroad 5. . Insurance receivables . . . . . . . . Investment in finance company subsidiaries . . . . . . . . . . . . . . Net increase in liabilities 2 . . . . . . . . . Net funds raised in markets . . . . . . Net new equity issues . . . . . . . . Credit market instruments 2 . . . . Commercial paper . . . . . . . . . Corporate bonds 5 . . . . . . . . . Bank loans n.e.c 6 . . . . . . . . . Other loans and advances 2 . . Finance companies . . . . . . Mortgages . . . . . . . . . . . . . . Trade payables . . . . . . . . . . . . . . Miscellaneous liabilities 2. . . . . . . . Foreign direct investment in U.S.. 1990 1995 1998 1999 2000 2001 2002 2003 2004 . . . . . . . . . . . . . . . . . 4 . .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 238 98 117 365 388 51 -13 426 369 429 422 12 -59 124 -6 9 -14 -6 29 114 35 13 419 141 177 463 564 60 -18 606 653 618 577 40 36 426 3 23 6 4 78 320 90 8 449 158 240 558 609 60 20 690 733 779 715 66 -46 570 -7 39 -3 3 79 431 129 2 457 171 223 598 661 80 1 742 846 864 806 66 -18 970 24 28 -4 2 208 666 194 1 422 170 250 629 632 116 -14 734 900 929 882 55 -28 1,209 (Z) 37 -1 3 283 811 128 (Z) 310 111 243 678 632 129 11 773 885 802 841 -30 82 178 -6 111 -2 2 -129 256 119 10 323 89 253 746 728 115 -1 842 802 763 761 12 39 151 -4 27 15 (Z) -80 188 119 17 397 130 273 804 798 156 -14 940 984 770 781 -1 214 488 44 -38 20 8 119 221 142 18 488 157 305 884 911 151 -38 1,024 1,073 900 867 43 172 524 31 -11 16 9 182 283 164 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 184 71 -63 134 10 47 3 56 16 19 28 84 59 5 391 169 -58 227 18 91 75 32 24 8 81 141 54 -6 616 180 -216 396 24 235 76 54 33 (Z) 58 373 144 27 988 260 -110 370 37 222 40 23 49 43 178 542 247 7 1,237 232 -118 350 48 163 44 66 57 29 313 685 181 -2 95 174 -47 221 -88 348 -110 8 -10 59 -104 22 88 -5 111 -14 -42 28 -64 132 -108 16 7 49 24 89 22 6 273 87 -58 145 -40 158 -64 6 2 82 109 86 9 9 352 30 -210 240 16 78 9 26 15 106 161 155 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Z Less than $500 million. 1 Consumption of fixed capital plus capital consumption adjustment. 2 Includes other items not 3 4 Nonresidential fixed investment plus residential fixed investment. GSE = government-sponsored shown separately. 5 enterprises. 1990, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues. 6 Not elsewhere classified. Source: Board of Governors of the Federal Reserve System, Federal Reserve Statistical Release, Z.1, Flow of Funds Accounts of the United States; published: 10 March 2005; <http://www.federalreserve.gov/releases/Z1/20050310/data.htm>. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 507 Table 734. Corporations—Selected Financial Items: 1990 to 2002 [In billions of dollars (18,190 represents $18,190,000,000,000), except as noted. Covers active corporations only. All corporations are required to file returns except those specifically exempt. See source for changes in law affecting comparability of historical data. Based on samples; see Appendix III] Item 1990 1995 1996 1997 1998 1999 2000 2001 2002 Number of returns (1,000) . . . . . . . . . Number with net income (1,000) . . . S Corporation returns 1 (1,000) . . . . 3,717 1,911 1,575 4,474 2,455 2,153 4,631 2,588 2,304 4,710 2,647 2,452 4,849 2,761 2,588 4,936 2,812 2,726 5,045 2,819 2,860 5,136 2,822 2,986 5,267 2,800 3,154 Assets 2 . . . . . . . . . . . . . . . . . Cash . . . . . . . . . . . . . . . . . Notes and accounts receivable Inventories. . . . . . . . . . . . . . Investments in government obligations . . . . . . . . . . . . . Mortgage and real estate . . . . Other investments . . . . . . . . . Depreciable assets . . . . . . . . Depletable assets . . . . . . . . . Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,190 771 4,198 894 26,014 962 5,307 1,045 28,642 1,097 5,783 1,079 33,030 1,299 6,632 1,114 37,347 1,336 7,062 1,139 41,464 1,597 7,745 1,198 47,027 1,820 8,754 1,272 49,154 1,926 8,756 1,208 50,414 1,923 8,886 1,221 . . . . . . . . . . . . . . . . . . . . . . . . 921 1,538 4,137 4,318 129 210 1,363 1,713 7,429 5,571 154 242 1,339 1,825 8,657 5,923 169 254 1,343 2,029 10,756 6,208 177 262 1,366 2,414 13,201 6,541 193 271 1,340 2,555 15,799 6,936 184 286 1,236 2,822 17,874 7,292 191 303 1,392 3,229 18,344 7,614 199 320 1,527 3,687 18,728 7,678 226 326 Liabilities 2 . . . . . . Accounts payable Short-term debt 3 Long-term debt 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,190 1,094 1,803 2,665 26,014 1,750 2,034 3,335 28,642 1,905 2,328 3,651 33,030 2,111 2,582 4,072 37,347 2,501 3,216 4,813 41,464 2,792 3,658 5,448 47,027 3,758 4,020 6,184 49,154 3,927 4,132 6,782 50,414 4,074 3,814 7,185 Net worth . . . . . . . . . . . . Capital stock. . . . . . . . . Paid-in or capital surplus. Retained earnings 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,739 1,585 2,814 1,410 8,132 2,194 5,446 2,191 9,495 2,278 6,427 2,519 11,353 2,951 7,253 3,113 13,108 3,244 8,610 3,373 15,363 3,522 10,186 3,970 17,349 3,966 12,265 3,627 17,615 4,253 13,920 2,131 17,545 4,000 15,287 1,177 . . . . . . . . . . . . . . . . . . . . . . . . 11,410 9,860 977 133 14,539 12,786 1,039 145 15,526 13,659 1,082 156 16,610 14,461 1,140 176 17,324 15,010 1,277 200 18,892 16,314 1,354 223 20,606 17,637 1,628 254 20,273 17,504 1,549 251 19,749 17,297 1,281 252 Deductions 2, 6. . . . . . . . . . . . . . Cost of sales and operations 7 . Compensation of officers . . . . . Rent paid on business property . Taxes paid . . . . . . . . . . . . . . . Interest paid. . . . . . . . . . . . . . Depreciation . . . . . . . . . . . . . Advertising . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,033 6,611 205 185 251 825 333 126 13,821 8,206 304 232 326 744 437 163 14,728 8,707 319 248 341 771 474 177 15,704 9,114 336 265 350 866 513 188 16,489 9,362 357 308 355 967 542 198 17,967 10,284 374 347 371 1,019 584 216 19,692 11,135 401 380 390 1,272 614 234 19,683 11,042 383 398 392 1,203 650 220 19,199 10,607 381 411 397 913 711 218 Net income (less loss) 6, 9 . . Net income . . . . . . . . . . Deficit . . . . . . . . . . . . . . Income subject to tax . . . . . Income tax before credits 10 . Tax credits . . . . . . . . . . . . Foreign tax credit . . . . . . . . Income tax after credits 11 . . . . . . . . . . . . . . . . . . . . . . . . . . 371 553 182 366 119 32 25 96 714 881 166 565 194 42 30 156 806 987 180 640 220 53 40 171 915 1,118 202 684 235 55 42 184 838 1,091 253 663 231 50 37 182 929 1,229 300 694 242 49 38 193 928 1,337 409 760 266 62 49 204 604 1,112 508 635 221 54 41 167 564 1,053 490 601 210 56 42 154 Receipts 2, 6 . . . . . . . . Business receipts 6, 7. Interest 8 . . . . . . . . . Rents and royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Represents certain small corporations with up to 75 shareholders (35 for 1990−1996), mostly individuals, electing to be taxed at the shareholder level. 2 Includes items not shown separately. 3 Payable in less than 1 year. 4 Payable in 1 year or more. Appropriated and unappropriated and ‘‘adjustments to shareholders’ equity.’’ 6 Receipts, deductions and net income of S corporations are limited to those from trade or business. Those from investments are excluded. 7 Includes gross sales and cost of sales of securities, commodities, and real estate by exchanges, brokers, or dealers selling on their own accounts. Excludes investment income. 8 Includes tax-exempt interest in state and local government obligations. 9 Excludes regulated investment companies. 10 Consists of regular (and alternative) tax only. 11 Includes minimum tax, alternative minimum tax, adjustments for prior year credits, and other income-related taxes. 5 Source: U.S. Internal Revenue Service, Statistics of Income, Corporation Income Tax Returns, annual. 508 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 735. Corporations by Receipt-Size Class and Industry: 2002 [Number of returns in thousands (5,267 represents 5,267,000); receipts and net income in billions of dollars (18,849 represents $18,849,000,000,000). Covers active enterprises only. Figures are estimates based on a sample of unaudited tax returns; see Appendix III. Numbers in parentheses represent North American Industry Classification System 2002 codes, see text, this section] Total Under $1 mil. 1 $1 mil.$4.9 mil. $5 mil.$9.9 mil. $10 mil.$49.9 mil. $50 mil. or more .. .. .. 5,267 18,849 564 4,304 882 -14 720 1,528 23 115 793 16 102 2,070 59 25 13,575 479 .. .. 140 108 125 19 13 26 2 12 1 21 (Z) 30 .. .. 30 142 25 4 4 9 (Z) 3 (Z) 12 (Z) 115 .. .. 8 537 5 1 (Z) 1 (Z) (Z) (Z) 3 (Z) 533 .. .. 649 1,080 502 124 113 242 18 125 13 256 2 333 .. .. 280 4,823 173 47 69 161 16 110 17 348 6 4,157 .. .. 965 5,279 657 176 217 475 40 274 41 858 10 3,496 .. .. 178 511 143 28 27 55 5 31 3 60 1 336 .. .. 120 799 103 15 12 24 2 13 2 45 1 701 .. .. 224 2,606 188 33 23 51 5 37 6 123 3 2,361 .. .. 571 205 547 48 21 43 2 13 1 25 (Z) 75 .. .. 736 652 654 112 65 128 10 67 6 120 1 225 .. .. 48 690 42 1 2 7 1 10 2 36 (Z) 637 .. .. 231 338 195 41 31 63 3 22 2 41 1 171 .. .. 41 25 38 5 3 6 (Z) 1 (Z) 4 (Z) 9 .. .. 334 448 273 83 51 104 5 36 4 69 1 156 .. .. 111 73 101 16 9 17 1 4 (Z) 9 (Z) 26 .. .. 272 372 231 65 37 71 3 19 1 27 (Z) 190 Other services (81): Number . . . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . . . 321 159 295 63 24 44 2 15 1 13 (Z) 25 Industry 2 Total: Number of returns . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Net income (less loss) . . . . . . . . . . . . . . . Agriculture, forestry, fishing, and hunting (11): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Mining (21): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Utilities (22): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Construction (23): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Manufacturing (31-33): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Wholesale and retail trade (42,44-45): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts3 . . . . . . . . . . . . . . . . . . Transportation and warehousing (48-49): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Information (51): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Finance and insurance (52): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Real estate and rental and leasing (53): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Professional, scientific, and technical services (54): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Management of companies & enterprises (55): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Administrative and support and waste management and remediation services (56): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Educational services (61): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Health care and social services (62): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts3 . . . . . . . . . . . . . . . . . . Arts, entertainment, and recreation (71): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts 3 . . . . . . . . . . . . . . . . . Accommodation and food services (72): Number . . . . . . . . . . . . . . . . . . . . . . . . . Business receipts3 . . . . . . . . . . . . . . . . . . Z Less than 500 returns or $500 million. 1 Includes businesses without receipts. 2 Includes businesses not allocable to individual industries. 3 Includes investment income for corporations in finance and insurance and management of companies’ industries. Excludes investment income for S corporations (certain small corporations with up to 75 shareholders, mostly individuals, electing to be taxed at the shareholder level). Source: U.S. Internal Revenue Service, unpublished data. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 509 Table 736. Corporations by Asset-Size Class and Industry: 2002 [In millions of dollars (119,151 represents $119,151,000,000), except number of returns. Covers active corporations only. Excludes corporations not allocable by industry. Numbers in parentheses represent North American Industry Classification System 2002 codes, see text, this section] Asset-size class Industry Under Total $10 mil. 1 $10$24.9 mil. $25$49.9 mil. $50$99.9 mil. $100$249.9 mil. $250 mil. and over Agriculture, forestry, fishing, and hunting (11): Returns . . . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . . . 140,223 119,151 139,364 79,413 537 8,895 172 6,712 82 6,031 49 7,970 18 10,129 Mining (21): Returns . . . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . . . 30,287 157,299 29,242 21,003 470 5,442 211 5,086 107 3,878 101 7,969 155 113,921 Utilities (22): Returns . . . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . . . 7,863 578,343 7,491 5,955 100 1,386 51 1,142 28 3,912 45 4,165 149 561,783 Construction (23): Returns . . . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . . . 648,535 1,098,819 642,992 674,750 3,877 111,621 941 57,354 420 49,700 171 36,825 134 168,569 Manufacturing (31-33): Returns . . . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . . . 280,185 5,257,106 265,959 497,855 7,098 184,681 2,754 140,290 1,638 156,330 1,245 233,178 1,492 4,044,773 964,523 948,963 5,403,354 1,747,075 10,165 494,596 2,763 275,465 1,221 217,122 697 249,334 715 2,419,761 Wholesale and retail trade (42, 44-45): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Transportation and warehousing (48-49): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Information (51): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Finance and insurance (52): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Real estate and rental and leasing (53): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Professional, scientific, and technical services (54): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Management of companies and enterprises (55): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Administrative and support and waste management and remediation services (56): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Educational services (61): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Health care and social assistance (62): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Arts, entertainment, and recreation (71): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Accommodation and food services (72): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . Other services (81): Returns . . . . . . . . . . . . . . . . . . . . . Total receipts . . . . . . . . . . . . . . . . . 1 .. .. .. .. 177,745 533,613 176,165 160,844 906 25,744 270 14,569 154 14,467 116 20,743 133 297,246 .. .. 120,271 909,195 117,516 77,821 1,262 19,850 516 15,647 323 17,485 253 28,018 401 750,374 .. .. 224,352 2,605,572 205,743 178,984 3,662 24,103 2,722 23,234 2,848 28,496 3,519 64,354 5,859 2,286,400 .. .. 570,639 230,647 565,531 119,176 3,389 14,631 960 9,533 409 7,755 217 15,635 134 63,918 .. .. 736,005 683,880 732,836 417,620 1,773 41,895 650 30,225 309 22,138 254 40,987 183 131,014 .. .. 48,053 689,799 41,573 5,762 1,120 1,434 1,065 2,277 1,348 6,820 1,585 17,045 1,363 656,462 .. .. 231,412 350,217 230,438 172,795 488 19,611 200 14,352 114 14,838 72 14,541 99 114,080 .. .. 41,317 25,972 41,169 14,243 76 1,800 28 1,223 22 2,018 11 1,574 11 5,115 .. .. 334,305 463,254 333,314 301,150 533 16,230 190 11,957 112 10,758 79 18,392 76 104,766 .. .. 110,609 78,918 109,958 45,005 379 4,520 137 3,107 51 3,326 55 7,498 28 15,462 .. .. 271,527 399,787 270,295 172,084 695 13,098 203 8,584 115 8,731 95 17,715 121 179,574 .. .. 321,134 164,353 320,686 130,982 284 5,917 70 2,874 40 4,350 31 6,411 22 13,819 Includes returns with zero assets. Source: U.S. Internal Revenue Service, Statistics of Income, Corporation Income Tax Returns, annual. 510 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 737. Economic Census Summary (NAICS 1997 Basis): 1997 and 2002 [25 represents 25,000. Data for 2002 are preliminary. Data are based on the 1997 and 2002 economic censuses which are subject to nonsampling error. Data for the construction sector are also subject to sampling errors. For details on survey methodology and nonsampling and sampling errors, see Appendix III] NAICS code 1 Kind of business Mining . . . . . . . . . . . . . . . . . . . . . Oil & gas extraction . . . . . . . . . . . Mining (except oil & gas) . . . . . . . Mining support activities . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . Construction 3 . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . Wholesale trade, durable goods . . . Wholesale trade, nondurable goods . . . . . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . Motor vehicle & parts dealers . . . . Furniture & home furnishings stores . . . . . . . . . . . . . . . . . . . Electronics & appliance stores . . . . Building material & garden equipment & supply dealers. . . . . Food & beverage stores . . . . . . . . Health & personal care stores . . . . Gasoline stations. . . . . . . . . . . . . Clothing & clothing accessories stores . . . . . . . . . . . . . . . . . . . Sporting goods, hobby, book, & music stores . . . . . . . . . . . . . . . General merchandise stores . . . . . Miscellaneous store retailers . . . . . Nonstore retailers . . . . . . . . . . . . Transportation & warehousing 4 5 . . . Information 4 . . . . . . . . . . . . . . . . . Publishing industries . . . . . . . . . . Motion picture & sound recording industries . . . . . . . . . . . . . . . . . Broadcasting & telecommunications . . . . . . . . . . Information & data processing services 4 . . . . . . . . . . . . . . . . . Finance & insurance 6 . . . . . . . . . . . Real estate & rental & leasing 6. . . . . Professional, scientific, & technical services 4 . . . . . . . . . . . . . . . . . . Management of companies & enterprises. . . . . . . . . . . . . . . . . . Admin/support waste management/ remediation services 4 . . . . . . . . . . Administrative & support services 4 . Waste management & remediation services 4 . . . . . . . . . . . . . . . . . Educational services 4 . . . . . . . . . . . Health care and social assistance . . . Ambulatory health care services. . . Hospitals . . . . . . . . . . . . . . . . . . Nursing & residential care facilities . Social assistance . . . . . . . . . . . . Arts, entertainment, & recreation . . . . Performance arts, spectator sports, & related industries . . . . . Museums, historical sites, & like institutions . . . . . . . . . . . . . . . . Amusement, gambling, & recreation industries . . . . . . . . . . Accommodation & food services . . . . Accommodation . . . . . . . . . . . . . Food services & drinking places . . . Other services (except public administration) 4 . . . . . . . . . . . . . . Repair & maintenance 4 . . . . . . . . Personal and laundry services 4 . . . Religious/grantmaking/prof/like organizations . . . . . . . . . . . . . . Establishments (1,000) Sales, receipts or shipments (bil. dol.) Annual payroll (bil. dol.) Paid employees (1,000) 2 1997 2002 1997 2002 1997 2002 1997 2002 21 211 212 213 22 23 31-33 42 421 25 8 7 9 16 656 363 453 291 (S) 8 7 (S) 19 698 344 442 288 174 103 51 20 412 859 3,835 4,060 2,180 (S) 107 54 (S) 478 1,140 3,833 4,379 2,354 20.8 5.5 9.4 5.9 36.6 174.2 569.8 214.9 133.2 (S) 5.4 8.9 (S) 45.1 235.5 568.4 255.6 159.0 509 111 229 169 703 5,665 16,805 5,797 3,398 (S) 100 200 (S) 739 6,944 14,543 6,035 3,565 . . 422 . . 44-45 . . 441 163 1,118 123 154 1,112 123 1,880 2,461 645 2,025 3,171 812 81.7 237.2 50.2 96.6 306.0 64.3 2,398 13,991 1,719 2,470 15,029 1,884 65 43 65 47 72 69 94 88 10.0 7.1 13.0 10.0 483 345 554 418 444 445 446 447 93 149 83 127 (S) 150 79 (S) 228 402 118 198 (S) 488 183 (S) 25.6 40.6 15.2 11.5 (S) 49.1 20.6 (S) 1,118 2,893 904 922 (S) 2,896 1,043 (S) . . 448 157 149 136 170 16.6 21.2 1,280 1,425 . . . . . . . 69 36 130 44 178 114 34 63 40 129 56 201 137 32 62 330 78 123 318 623 179 78 451 95 171 (S) 905 235 7.1 30.9 10.2 12.3 82.3 129.5 43.4 9.0 42.6 13.7 17.6 116.8 189.7 64.1 561 2,508 753 506 2,921 3,066 1,006 633 2,549 849 587 3,751 3,846 1,132 . . 512 22 23 56 77 9.4 11.7 276 334 . . 513 43 57 346 499 63.5 83.7 1,434 1,740 . . 514 . . 52 . . 53 15 395 288 25 449 326 42 2,198 241 94 2,616 348 13.3 264.6 41.6 30.2 343.5 61.8 350 5,835 1,702 638 6,664 2,136 . . 54 621 747 595 896 231.4 374.5 5,361 7,509 . . 55 47 (S) 92 (S) 154.2 (S) 2,618 (S) . . 56 . . 561 276 260 276 258 296 257 414 362 137.3 128.4 193.5 181.4 7,347 7,067 8,345 8,003 . . . . . . . . 562 61 62 621 622 623 624 71 16 41 646 455 7 57 126 99 18 50 712 492 7 70 144 111 39 20 885 355 379 93 57 105 51 32 1,234 500 511 130 93 138 8.9 6.4 378.2 155.9 155.8 42.2 24.4 32.8 12.1 10.2 497.8 204.3 196.2 59.8 37.6 43.1 281 321 13,562 4,414 4,933 2,471 1,744 1,588 342 452 15,347 5,071 5,165 2,878 2,233 1,896 . . 711 31 39 38 55 14.5 19.6 327 438 . . 712 6 7 7 9 1.8 2.9 92 124 713 72 721 722 63 545 58 487 66 565 (S) (S) 60 350 98 252 74 452 (S) (S) 16.5 97.0 26.7 70.3 20.6 127.5 (S) (S) 1,169 9,451 1,697 7,755 1,334 10,836 (S) (S) . . 81 . . 811 . . 812 520 235 185 528 233 192 266 105 58 315 120 73 65.5 29.9 18.6 82.7 35.5 22.6 3,256 1,276 1,217 3,528 1,367 1,311 . . 813 99 102 103 122 17.1 24.6 763 849 . . . . . . . . . . . . . . . . . . . . 442 . . 443 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 451 452 453 454 48-49 51 511 S Estimates did not meet publication standards. 1 Based on North American Industry Classification System, 1997; see text this section. 2 For pay period including March 12. 3 For detailed industries, see Table 922. 4 Enterprise support establishments are included in the 2002 data, but not in the 1997 data affecting comparability for this industry. 5 For detailed industries, see Table 1048. 6 For detailed industries, see Table 1152. Source: U.S. Census Bureau, 2002 Economic Census Advance Report; published 29 March 2004; <http://www.census.gov/econ /census02/>. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 511 Table 738. Nonemployer Establishments and Receipts by Industry: 1997 to 2002 [Establishments: 15,440 represents 15,440,000. Includes only firms subject to federal income tax. Nonemployers are businesses with no paid employees. Data originate chiefly from administrative records of the Internal Revenue Service; see Appendix III. Based on the North American Industry Classification System (NAICS), 1997; see text, this section] NAICS code Kind of business All industries . . . . . . . . . . . . . . . . Forestry, fishing & hunting, & ag support services . . . . . . . . . . . . . . . . . . . . . Mining . . . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . . . Transportation & warehousing . . . . . . . Information . . . . . . . . . . . . . . . . . . . . Finance & insurance . . . . . . . . . . . . . . Real estate & rental & leasing . . . . . . . Professional, scientific, & technical services . . . . . . . . . . . . . . . . . . . . . Admin/support waste mgt/ remediation services . . . . . . . . . . . . . . . . . . . . . Educational services . . . . . . . . . . . . . . Health care & social assistance . . . . . . Arts, entertainment, & recreation . . . . . . Accommodation & food services . . . . . . Other services (except public administration) . . . . . . . . . . . . . . . . . . . (X) . . . . . . . . . . . . . . . . . . . . . . 113-115 21 22 23 31-33 42 44-45 48-49 51 52 53 Establishments (1,000) Receipts (mil. dol) 1997 2000 2002 1997 2000 2002 15,440 16,530 17,646 586,316 709,379 770,032 240 92 16 1,890 303 406 1,831 646 174 679 1,397 223 86 14 2,014 285 388 1,743 747 238 692 1,696 220 83 13 2,071 290 364 1,839 809 233 660 1,880 8,533 4,964 515 87,101 12,319 30,759 69,418 29,428 5,767 36,966 101,704 9,196 5,227 504 107,538 13,022 31,684 73,810 37,824 7,620 49,058 133,398 8,994 4,924 549 115,269 13,402 30,022 77,896 40,698 7,550 44,139 161,790 . . 54 2,650 2,420 2,553 81,165 90,272 96,395 . . . . . 56 61 62 71 72 892 235 1,168 693 191 1,032 283 1,317 782 218 1,263 345 1,457 866 242 16,975 2,798 31,203 14,366 9,035 23,754 3,736 36,550 17,713 13,418 26,910 4,581 42,268 20,000 14,178 . . 81 1,936 2,350 2,459 43,299 55,056 60,468 . . . . . X Not applicable. Source: U.S. Census Bureau, ‘‘Nonemployer Statistics’’; <http://www.census.gov/epcd/nonemployer/> and 2002 Economic Census: Advance Nonemployer Statistics; published 21 May 2004; <http://www.census.gov/epcd/nonemployer/2002/us/US000.HTM>. Table 739. Establishments, Employees, and Payroll by Employment-Size Class: 1990 to 2002 [6,176 represents 6,176,000. Excludes most government employees, railroad employees, self-employed persons. Employees are for the week including March 12. Covers establishments with payroll. An establishment is a single physical location where business is conducted or where services or industrial operations are performed. For statement on methodology, see Appendix III] 1990 1995 1997 1998 1999 2000 2001 2002 Establishments, total . Under 20 employees. . . . 20 to 99 employees . . . . 100 to 499 employees. . . 500 to 999 employees. . . 1,000 or more employees Employment-size class . . . . . . . . . . . . . . . . . . 1,000 1,000 1,000 1,000 1,000 1,000 Unit . . . . . . . . . . . . . . . . . . . . . . . . 6,176 5,354 684 122 10 6 6,613 5,733 730 135 10 6 6,895 5,968 767 143 11 6 6,942 5,991 786 147 11 6 7,008 6,036 802 152 12 7 7,070 6,069 826 157 12 7 7,095 6,083 836 157 12 7 7,201 6,199 835 149 11 7 Employees, total . . . . Under 20 employees. . . . 20 to 99 employees . . . . 100 to 499 employees. . . 500 to 999 employees. . . 1,000 or more employees . . . . . . . . . . . . . . . . . . 1,000 1,000 1,000 1,000 1,000 1,000 . . . . . . . . . . . . . . . . . . . . . . . . 93,476 24,373 27,414 22,926 6,551 12,212 100,335 25,785 29,202 25,364 7,021 12,962 105,299 26,883 30,631 26,993 7,422 13,370 108,118 27,131 31,464 27,842 7,689 13,991 110,706 27,289 32,193 28,707 7,923 14,594 114,065 27,569 33,147 29,736 8,291 15,322 115,061 27,681 33,555 29,692 8,357 15,776 112,401 28,116 33,335 28,101 7,743 15,105 Annual payroll, total . Under 20 employees. . . . 20 to 99 employees . . . . 100 to 499 employees. . . 500 to 999 employees. . . 1,000 or more employees . . . . . . . . . . . . . . . . . . Bil. dol.. Bil. dol. . Bil. dol. . Bil. dol. . Bil. dol. . Bil. dol. . . . . . . . . . . . . . 2,104 485 547 518 174 381 2,666 608 696 675 219 467 3,048 688 796 786 254 524 3,309 734 866 858 277 575 3,555 773 925 931 298 628 3,879 818 1,006 1,031 336 690 3,989 839 1,037 1,052 342 719 3,943 866 1,041 1,021 329 685 Source: U.S. Census Bureau, ‘‘County Business Patterns’’; published November 2004; <http://www.census.gov/epcd/cbp/view /cbpview.html>. 512 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 740. Establishments, Employees, and Payroll by Employment-Size Class and Industry: 2000 to 2002 [Establishments and employees in thousands (7,070.0 represents 7,070,000); payroll in billions of dollars. See headnote, Table 739. Based on the North American Industry Classification System (NAICS), 1997; see text, this section] 2002 NAICS code Industry Establishments, total . . . . . . . . . Agriculture, forestry, fishing & hunting . Mining . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . Transportation and warehousing . . . . Information . . . . . . . . . . . . . . . . . . Finance and insurance . . . . . . . . . . Real estate and rental and leasing . . . Professional, scientific, and technical services. . . . . . . . . . . . . . . . . . . . Management of companies and enterprises. . . . . . . . . . . . . . . . . . Admin/support waste mgt/remediation services. . . . . . . . . . . . . . . . . . . . Educational services . . . . . . . . . . . . Health care and social assistance . . . Arts, entertainment, and recreation . . Accommodation and food services . . . Other services 1 . . . . . . . . . . . . . . . Auxiliaries 2 . . . . . . . . . . . . . . . . . . Unclassified establishments . . . . . . . Employees, total . . . . . . . . . . . . Agriculture, forestry, fishing & hunting . Mining . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . Transportation and warehousing . . . . Information . . . . . . . . . . . . . . . . . . Finance and insurance . . . . . . . . . . Real estate and rental and leasing . . . Professional, scientific, and technical services. . . . . . . . . . . . . . . . . . . . Management of companies and enterprises. . . . . . . . . . . . . . . . . . Admin/support waste mgt/remediation services. . . . . . . . . . . . . . . . . . . . Educational services . . . . . . . . . . . . Health care and social assistance . . . Arts, entertainment, and recreation . . Accommodation and food services . . . Other services 1 . . . . . . . . . . . . . . . Auxiliaries 2 . . . . . . . . . . . . . . . . . . Unclassified establishments . . . . . . . Annual payroll, total. . . . . . . . . . Agriculture, forestry, fishing & hunting . Mining . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . Transportation and warehousing . . . . Information . . . . . . . . . . . . . . . . . . Finance and insurance . . . . . . . . . . Real estate and rental and leasing . . . Professional, scientific, and technical services. . . . . . . . . . . . . . . . . . . . Management of companies and enterprises. . . . . . . . . . . . . . . . . . Admin/support waste mgt/remediation services. . . . . . . . . . . . . . . . . . . . Educational services . . . . . . . . . . . . Health care and social assistance . . . Arts, entertainment, and recreation . . Accommodation and food services . . . Other services 1 . . . . . . . . . . . . . . . Auxiliaries 2 . . . . . . . . . . . . . . . . . . Unclassified establishments . . . . . . . - Represents zero. public administration. 2 . . . . . . . . . . . . . . . . . . . . . . . . (X) 11 21 22 23 31-33 42 44-45 48-49 51 52 53 2000, total 2001, total Under 20 to 100 to 500 to 1,000 or 20 99 499 999 more employ- employ- employ- employ- employTotal ees ees ees ees ees 7,070.0 7,095.3 7,200.8 6,198.5 26.1 26.4 26.6 24.9 23.7 24.3 23.9 19.6 17.3 17.7 18.4 13.2 709.6 698.9 710.3 647.4 354.5 352.6 344.3 236.5 446.2 438.9 436.9 374.7 1,113.6 1,120.0 1,125.7 977.5 190.0 190.7 195.1 165.1 133.6 137.3 138.6 109.9 423.7 425.0 450.4 403.6 300.2 307.0 323.0 307.8 835.2 1.5 3.6 3.9 55.6 77.6 54.2 123.6 25.1 22.0 38.5 13.4 148.9 0.2 0.7 1.2 6.8 26.4 7.4 24.0 4.5 5.7 6.9 1.7 11.4 (Z) 0.1 0.1 0.3 2.6 0.4 0.5 0.3 0.7 0.9 0.1 6.7 (Z) (Z) 0.1 0.1 1.2 0.1 0.1 0.3 0.3 0.5 (Z) . . 54 722.7 736.5 772.4 712.2 51.6 7.7 0.6 0.3 . . 55 47.4 47.6 49.4 33.1 10.9 4.3 0.7 0.4 351.5 68.0 658.6 103.8 542.4 723.3 14.8 99.0 362.7 70.9 671.4 106.0 548.6 719.4 14.9 78.6 343.5 73.7 703.5 110.4 565.1 740.1 13.6 35.7 284.7 55.7 600.1 92.2 405.4 691.1 8.3 35.7 43.4 14.3 80.9 15.3 151.3 45.0 3.5 0.1 13.7 2.9 19.1 2.5 8.0 3.9 1.4 (Z) 1.1 0.4 1.7 0.2 0.3 0.1 0.3 - 0.7 0.4 1.8 0.1 0.2 (Z) 0.1 - 114,065 115,061 112,401 184 183 181 456 486 466 655 654 648 6,573 6,492 6,307 16,474 15,950 14,394 6,112 6,142 5,860 14,841 14,890 14,820 3,790 3,751 3,581 3,546 3,755 3,536 5,963 6,248 6,415 1,942 2,014 2,017 28,116 91 93 69 2,457 1,365 1,815 5,181 679 507 1,784 1,080 33,335 (D) (D) 172 2,137 3,401 2,104 4,960 1,024 935 1,487 503 28,101 (D) 137 227 1,229 5,332 1,358 4,254 826 1,126 1,388 313 7,743 (D) (D) 87 228 1,780 291 321 187 445 628 (D) 15,105 (D) 56 93 258 2,515 293 104 865 523 1,127 (D) 722 . . . . . . . . . . . . . . . . 56 61 62 71 72 81 95 99 . . . . . . . . . . . . . . . . . . . . . . . . (X) 11 21 22 23 31-33 42 44-45 48-49 51 52 53 . . 54 6,816 7,157 7,046 2,464 1,984 1,473 403 . . 55 2,874 2,879 2,914 175 490 919 501 829 9,138 2,532 14,109 1,741 9,881 5,293 1,001 144 9,062 2,612 14,535 1,780 9,972 5,370 1,022 105 8,299 2,702 14,900 1,801 10,049 5,420 1,011 33 1,120 267 3,152 346 2,467 2,921 52 30 1,906 599 3,231 643 5,763 1,641 155 (D) 2,659 566 3,549 460 1,273 668 316 (D) 735 266 1,176 111 198 84 190 - 1,878 1,003 3,793 241 348 105 299 - 3,879 5 22 41 240 644 270 303 126 209 347 59 3,989 5 25 42 247 618 276 315 130 207 374 64 3,943 5 24 42 247 580 263 321 127 188 373 65 866 2 4 4 82 44 75 104 21 24 83 32 1,041 (D) (D) 10 89 121 92 113 34 44 86 18 1,021 (D) 8 15 56 205 64 93 28 61 89 11 329 (D) (D) 7 10 75 15 8 7 25 38 (D) 685 (D) 4 7 11 135 17 4 37 33 76 (D) . . . . . . . . . . . . . . . . 56 61 62 71 72 81 95 99 . . . . . . . . . . . . . . . . . . . . . . . . (X) 11 21 22 23 31-33 42 44-45 48-49 51 52 53 . . 54 362 374 369 111 110 91 24 32 . . 55 211 213 205 13 32 61 35 64 . . . . . . . . 210 62 431 43 126 110 55 4 221 67 466 46 129 115 53 2 212 72 499 48 131 119 53 1 35 6 118 12 32 59 3 1 52 14 98 12 66 36 7 (D) 62 15 95 15 20 18 15 (D) 17 6 40 3 4 3 9 - 46 32 150 5 9 3 19 - . . . . . . . . 56 61 62 71 72 81 95 99 D Data withheld to avoid disclosure. X Not applicable. Z Less than 50 establishments. Excludes corporate, subsidiary and regional management. 1 Except Source: U.S. Census Bureau, ‘‘County Business Patterns’’; published November 2004; <http://www.census.gov/epcd/cbp/view /cbpview.html>. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 513 Table 741. Employer Firms, Employment, and Annual Payroll by Enterprise Size and Industry: 2002 [5,698 represents 5,698,000. A firm is an aggregation of all establishments owned by a parent company (within a geographic location and/or industry) with some annual payroll. A firm may be a single location or it can include multiple locations. Employment is measured in March and payroll is annual leading to some firms with zero employment. Numbers in parentheses represent North American Industry Classification System codes, 1997; see text, this section] All industries—employment size of enterprise Total 0 1 to 4 5 to 9 10 to 19 Less than 500 500 or more . . . . . . . . . . . 1,000 . . . 5,698 . . . . . . . . . . . 1,000 . . . 112,401 . . . . . . . . . . . Bil. dol. . . 3,943 770 38 2,696 5,698 156 1,011 6,640 182 614 508 82 5,681 8,246 19,874 15,909 56,366 241 624 536 1,777 17 56,034 2,166 . . . . . . . . . . . 1,000 . . . . . . . . . . . . . . 1,000 . . . . . . . . . . . . . . Bil. dol. . . 701 6,307 247 117 5 338 715 20 118 774 23 69 930 32 52 1,946 79 6 997 44 700 5,361 203 1 946 45 Manufacturing (31-33): Firms . . . . . . . . . . . . . . . . . . 1,000 . . . 298 Employment . . . . . . . . . . . . . 1,000 . . . 14,394 Annual payroll . . . . . . . . . . . . Bil. dol. . . 580 22 2 97 220 6 56 372 11 47 639 20 58 2,376 82 14 2,488 91 294 6,095 212 4 8,299 368 345 5,860 263 36 2 156 328 12 61 405 15 42 565 22 39 1,421 58 8 960 41 342 3,679 150 3 2,181 112 1,000 . . . 736 1,000 . . . 14,820 Bil. dol. . . 321 85 3 344 771 14 150 988 19 86 1,131 24 60 2,204 61 9 1,268 37 734 6,361 157 2 8,459 164 1,000 . . . 1,000 . . . Bil. dol. . . 159 3,581 127 24 1 78 152 4 23 151 4 16 212 6 15 555 16 3 421 14 158 1,491 45 1 2,090 83 1,000 . . . 1,000 . . . Bil. dol. . . 78 3,536 188 12 1 34 68 3 12 78 3 8 114 4 8 319 15 2 324 16 77 904 42 1 2,632 146 1,000 . . . 1,000 . . . Bil. dol. . . 238 6,415 373 29 2 138 282 10 34 215 10 16 214 12 15 600 33 4 652 37 236 1,963 102 2 4,451 270 1,000 . . . 1,000 . . . Bil. dol. . . 708 7,046 369 113 6 394 761 28 100 652 26 55 726 33 38 1,392 76 6 992 58 706 4,523 228 2 2,523 141 1,000 . . . 1,000 . . . Bil. dol. . . 28 2,914 205 1 (Z) 4 6 (Z) 1 5 (Z) 1 9 1 6 77 4 8 280 15 22 377 20 7 2,536 185 1,000 . . . 1,000 . . . Bil. dol. . . 289 8,299 212 54 3 128 269 7 44 285 7 27 361 10 26 1,026 27 8 1,345 31 286 3,286 85 3 5,014 127 1,000 . . . 1,000 . . . Bil. dol. . . 66 2,702 72 9 (Z) 23 48 1 10 63 1 8 112 2 12 516 11 3 535 14 65 1,275 30 1 1,427 42 1,000 . . . 560 1,000 . . . 14,900 Bil. dol. . . 499 51 4 236 533 21 130 857 31 73 961 36 52 2,064 69 14 2,730 73 556 7,145 232 4 7,755 267 Accommodation & food services (72): Firms . . . . . . . . . . . . . . . . . . 1,000 . . . 427 Employment . . . . . . . . . . . . . 1,000 . . . 10,049 Annual payroll . . . . . . . . . . . . Bil. dol. . . 131 61 3 128 304 4 83 550 6 71 970 10 75 2,844 34 8 1,417 17 426 6,087 73 2 3,962 58 Other services (except public administration) (81): Firms . . . . . . . . . . . . . . . . . . 1,000 . . . Employment . . . . . . . . . . . . . 1,000 . . . Annual payroll . . . . . . . . . . . . Bil. dol. . . 60 1 367 791 14 135 876 17 67 881 18 41 1,482 32 4 640 16 674 4,670 99 1 750 20 Industry and data type Unit 20 to 99 100 to 499 1 Total : Firms . . . . . . . Employment . . Annual payroll . Construction (23): Firms . . . . . . . Employment . . Annual payroll . Wholesale trade (42): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Retail trade (44-45): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Transportation & warehousing (48-49): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Information (51): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Finance & insurance (52): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Professional, scientific & technical services (54): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Management of companies & enterprises (55): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Admin/support waste mgt/ remediation services (56): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Educational services (61): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . Health care and social assistance (62): Firms . . . . . . . . . . . . . . . . . . Employment . . . . . . . . . . . . . Annual payroll . . . . . . . . . . . . - Represents zero. 1,000 . . . 1,000 . . . Bil. dol. . . 675 5,420 119 Z Less than $500 million. 1 Includes other industries not shown separately. Source: U.S. Small Business Administration, Office of Advocacy, ‘‘Statistics of U.S. Businesses and Nonemployer Statistics: Firm Size Data provided by U.S. Census Bureau’’; <http://www.sba.gov/advo/research/data.html>; accessed 4 May 2005. 514 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 742. Employer Firms, Establishments, Employment, and Annual Payroll by Enterprise Size: 1990 to 2002 [In thousands except as noted (5,074 represents 5,074,000). Firms are an aggregation of all establishments owned by a parent company with some annual payroll. Establishments are locations with active payroll in any quarter. Employment is measured in March and payroll is annual leading to some enterprises with zero employment. This table illustrates the changing importance of enterprise sizes over time, not job growth, as enterprises can grow or decline and change enterprise size cells over time] All industries—employment size of enterprise Item Firms: 1990. . . . . . . . 1995. . . . . . . . 1997. . . . . . . . 1998. . . . . . . . 1999. . . . . . . . 2000. . . . . . . . 2001. . . . . . . . 2002. . . . . . . . Establishments: 1990. . . . . . . . 1995. . . . . . . . 1997. . . . . . . . 1998. . . . . . . . 1999. . . . . . . . 2000. . . . . . . . 2001. . . . . . . . 2002. . . . . . . . Employment: 1990. . . . . . . . 1995. . . . . . . . 1997. . . . . . . . 1998. . . . . . . . 1999. . . . . . . . 2000. . . . . . . . 2001. . . . . . . . 2002. . . . . . . . Annual payroll (bil. 1990. . . . . . . . 1995. . . . . . . . 1997. . . . . . . . 1998. . . . . . . . 1999. . . . . . . . 2000. . . . . . . . 2001. . . . . . . . 2002. . . . . . . . Total 0-4 1 5-9 10-19 20-99 100-499 Less than 500 500 or more . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,074 5,369 5,542 5,579 5,608 5,653 5,658 5,698 3,021 3,250 3,358 3,376 3,389 3,397 3,402 3,466 952 981 1,007 1,012 1,013 1,021 1,019 1,011 563 577 594 600 606 617 616 614 454 470 487 494 502 516 518 508 70 76 80 80 81 84 85 82 5,060 5,354 5,526 5,563 5,591 5,635 5,640 5,681 14 15 16 16 17 17 17 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,176 6,613 6,895 6,942 7,008 7,070 7,095 7,201 3,032 3,260 3,364 3,383 3,398 3,406 3,410 3,471 971 998 1,023 1,026 1,027 1,035 1,034 1,024 600 618 639 640 643 652 650 653 590 639 683 675 671 674 670 693 255 284 309 307 309 312 316 333 5,448 5,799 6,018 6,030 6,048 6,080 6,080 6,173 728 814 877 911 960 990 1,015 1,028 .... .... .... .... .... .... .... .... dol.): .... .... .... .... .... .... .... .... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93,469 100,315 105,299 108,118 110,706 114,065 115,061 112,401 5,117 5,395 5,546 5,584 5,606 5,593 5,630 5,698 6,252 6,440 6,610 6,643 6,652 6,709 6,698 6,640 7,543 7,734 7,962 8,048 8,130 8,286 8,275 8,246 17,710 18,422 19,110 19,378 19,703 20,277 20,370 19,874 13,545 14,660 15,317 15,411 15,638 16,260 16,410 15,909 50,167 52,653 54,545 55,064 55,729 57,124 57,383 56,366 43,302 47,662 50,754 53,053 54,977 56,941 57,678 56,034 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,104 2,666 3,048 3,309 3,555 3,879 3,989 3,943 117 142 158 168 177 186 188 194 114 137 151 160 167 174 179 182 144 175 194 207 218 231 237 241 352 437 495 531 565 608 624 624 279 361 418 446 475 528 539 536 1,007 1,252 1,416 1,513 1,601 1,727 1,768 1,777 1,097 1,414 1,632 1,797 1,954 2,152 2,222 2,166 1 Employment is measured in March, thus some firms (start-ups after March, closures before March, and seasonal firms) will have zero employment and some annual payroll. Source: U.S. Small Business Administration, Office of Advocacy, ‘‘Statistics of U.S. Businesses and Nonemployer Statistics: Firm Size Data provided by U.S. Census Bureau’’; <http://www.sba.gov/advo/research/data.html>; accessed 4 May 2005. Table 743. Firm Births and Deaths by Employment Size of Enterprise: 1990 to 2002 [In thousands (541.1 represents 541,100). Data represent activity from March of the beginning year to March of the ending year. Establishments with no employment in the first quarter of the beginning year were excluded. This table provides the number of births and deaths of initial establishments (based on plant number) as an approximation of firm births and deaths] Births (initial locations) Item Firms: 1990 1995 1996 1997 1998 1999 2000 2001 to to to to to to to to 1991 1996 1997 1998 1999 2000 2001 2002 Employment: 1990 to 1991 1995 to 1996 1996 to 1997 1997 to 1998 1998 to 1999 1999 to 2000 2000 to 2001 2001 to 2002 1 . . . . . . . Deaths (initial locations) Total Less than 20 Less than 500 500 or more Total Less than 20 Less than 500 500 or more . . . . . . . 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 541.1 597.8 590.6 590.0 579.6 574.3 585.1 569.8 515.9 572.4 564.2 564.8 554.3 548.0 558.0 541.5 540.9 597.5 590.3 589.7 579.3 574.0 584.8 568.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 1.5 546.5 512.4 530.0 540.6 544.5 542.8 553.3 586.9 517.0 485.5 500.0 511.6 514.3 514.2 524.0 557.1 546.1 512.0 529.5 540.1 544.0 542.4 552.8 586.5 0.4 0.4 0.5 0.5 0.4 0.5 0.5 0.4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,105 3,256 3,228 3,205 3,225 3,229 3,418 3,370 1,713 1,845 1,814 1,812 1,670 1,793 1,821 1,748 2,907 3,056 3,030 3,002 2,991 3,031 3,109 3,034 198 200 198 203 235 198 310 336 3,208 3,100 3,275 3,233 3,180 3,177 3,262 3,660 1,723 1,560 1,621 1,662 1,645 1,654 1,701 1,755 3,044 2,808 2,961 2,992 2,969 2,946 3,050 3,257 164 291 314 242 210 230 212 403 . . . . . . . . A change in methodology has affected the allocation of firms by employment size. Source: U.S. Small Business Administration, Office of Advocacy, ‘‘Statistics of U.S. Businesses and Nonemployer Statistics: Firm Size Data provided by U.S. Census Bureau’’; <http://www.sba.gov/advo/research/data.html>; accessed 4 May 2005. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 515 Table 744. Employer Firms, Employment, and Payroll by Employment Size of Enterprise and State: 2000 and 2002 [5,652.5 represents 5,652,500. A firm is an aggregation of all establishments owned by a parent company (within a state) with some annual payroll. A firm may be a single location or it can include multiple locations. Employment is measured in March and payroll is annual leading to some firms with zero employment] Employment, 2002 (mil.) Employer firms (1,000) 2000 State U.S . . . . 2002 Less Less than 20 than 500 employ- employees ees Annual payroll, 2002 (bil. dol.) Total Less than 20 employees Total 5,652.5 5,035.0 5,697.8 5,090.3 5,680.9 112.4 20.6 56.4 Total Less Less than 20 than 500 employ- employees ees Total Less than 20 employees Less than 500 employees 3,943.2 617.6 1,777.0 AL . AK. AZ . AR. CA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79.9 15.9 93.0 52.4 664.6 68.2 14.0 79.3 45.4 581.1 78.7 16.0 95.9 52.1 674.6 67.2 14.1 81.8 45.1 591.1 76.6 15.5 93.2 50.6 669.1 1.6 0.2 1.9 1.0 12.9 0.3 0.1 0.3 0.2 2.4 0.8 0.1 0.9 0.5 6.8 45.5 8.4 61.1 25.9 510.8 7.1 1.9 9.5 4.3 82.9 20.6 4.5 26.9 11.2 243.4 CO CT. DE. DC FL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116.2 78.5 20.2 16.3 354.0 101.5 67.2 16.6 12.4 319.3 119.6 77.3 20.2 16.4 370.8 104.8 66.0 16.3 12.3 335.8 116.8 75.2 18.8 15.3 366.7 1.9 1.6 0.4 0.4 6.4 0.4 0.3 0.1 0.1 1.2 1.0 0.8 0.2 0.2 2.9 67.8 68.5 14.7 21.4 192.9 12.0 10.3 1.9 2.7 35.0 31.7 29.5 5.4 9.9 85.6 GA HI . ID . IL . IN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160.4 24.3 32.2 254.1 116.3 138.3 20.8 28.0 218.1 98.1 164.3 24.9 33.2 253.7 116.0 141.9 21.2 29.0 218.5 98.3 160.4 24.1 32.2 249.4 113.2 3.4 0.4 0.5 5.2 2.5 0.6 0.1 0.1 0.9 0.4 1.5 0.3 0.3 2.6 1.3 113.8 13.4 12.6 197.8 79.4 16.6 2.5 2.7 29.3 11.1 45.8 7.1 6.4 88.7 35.0 IA . KS. KY. LA . ME . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65.6 61.6 72.3 81.7 34.1 56.2 52.4 61.0 69.5 30.1 65.1 60.9 71.9 81.7 34.4 56.0 51.9 60.8 69.5 30.3 63.5 59.1 69.8 79.7 33.6 1.2 1.1 1.5 1.6 0.5 0.2 0.2 0.3 0.3 0.1 0.6 0.6 0.7 0.9 0.3 34.8 33.2 42.5 45.6 14.4 5.4 5.3 6.4 7.6 3.0 16.4 15.7 18.8 21.9 8.0 MD MA MI . MN MS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106.0 148.2 193.9 116.2 48.3 90.4 127.8 167.2 99.4 41.5 108.0 146.1 192.3 118.7 48.0 92.2 125.8 166.7 102.0 41.1 105.4 143.2 189.3 116.2 46.5 2.1 3.0 3.9 2.4 0.9 0.4 0.5 0.7 0.4 0.2 1.1 1.5 2.0 1.2 0.5 75.0 127.9 142.4 84.5 22.8 12.2 18.6 21.5 12.0 3.9 36.5 57.7 63.0 37.6 10.4 MO MT NE. NV. NH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118.1 28.0 41.4 40.3 32.1 101.1 25.0 35.5 33.4 27.3 119.6 28.8 41.5 42.5 32.3 102.6 25.7 35.7 35.3 27.4 116.9 28.2 40.2 40.7 31.2 2.4 0.3 0.7 0.9 0.6 0.4 0.1 0.1 0.1 0.1 1.2 0.2 0.4 0.4 0.3 74.1 7.4 21.7 29.3 18.7 11.0 2.1 3.4 4.5 3.6 33.1 4.8 9.9 12.7 10.0 NJ . NM NY. NC ND . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 202.2 35.5 424.8 163.6 17.2 178.4 30.1 379.2 142.0 14.7 203.5 35.6 428.4 165.0 17.2 179.5 30.2 383.6 143.3 14.6 200.3 34.2 424.3 161.8 16.6 3.6 0.6 7.2 3.3 0.3 0.7 0.1 1.4 0.6 0.1 1.8 0.3 3.8 1.6 0.2 152.4 15.1 329.8 101.8 6.6 24.8 3.0 50.0 15.7 1.3 67.8 7.9 143.3 43.3 3.8 OH OK OR PA . RI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 212.5 70.2 85.1 237.5 25.2 180.5 61.0 74.2 204.6 21.5 211.0 70.3 85.1 237.4 25.5 180.1 61.0 74.4 204.8 21.7 207.3 68.5 83.2 233.6 24.6 4.7 1.2 1.3 5.0 0.4 0.8 0.2 0.3 0.9 0.1 2.3 0.6 0.7 2.5 0.2 154.8 33.6 43.5 169.2 13.5 22.2 5.9 7.7 24.4 2.6 68.4 16.1 21.2 75.5 7.3 SC. SD. TN. TX . UT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78.4 20.6 102.4 369.0 46.2 67.2 17.7 86.7 321.3 39.3 78.6 20.9 100.7 373.1 49.3 67.5 18.0 85.3 324.8 42.3 76.5 20.2 97.9 368.1 47.6 1.5 0.3 2.3 8.0 0.9 0.3 0.1 0.4 1.4 0.2 0.7 0.2 1.0 3.8 0.4 44.0 7.7 71.3 277.8 26.2 7.1 1.6 9.8 40.8 4.4 19.0 4.4 29.8 114.7 12.0 VT . VA . WA WV WI . WY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19.1 139.7 138.2 33.5 115.6 15.9 16.7 120.3 120.9 28.8 98.2 13.9 19.0 142.6 138.3 32.7 116.0 16.5 16.5 122.8 121.6 28.0 98.8 14.3 18.4 139.5 135.7 31.6 113.6 15.9 0.3 2.9 2.2 0.6 2.4 0.2 0.1 0.5 0.5 0.1 0.4 0.1 0.2 1.4 1.2 0.3 1.3 0.1 7.4 101.7 83.1 14.8 75.3 5.1 1.7 15.2 14.0 2.5 11.5 1.3 4.4 45.3 38.6 7.0 35.8 3.2 Source: U.S. Small Business Administration, Office of Advocacy, ‘‘Statistics of U.S. Businesses and Nonemployer Statistics: Firm Size Data provided by U.S. Census Bureau’’; <http://www.sba.gov/advo/research/data.html>; accessed 4 May 2005. 516 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 745. Employer Firm Births and Deaths and Business Bankruptcies by State: 2000 to 2004 [2003 and 2004 births and deaths data are estimated. At the state level, births represent requests for new employer codes, deaths represent the elimination of all employees, and a third category, successor firms or the rebirth of terminated firms, is not listed; so state deaths greater than state births does not necessarly indicate a loss of state employer firms] Births State United States 1 . Alabama . . . . . . . . Alaska . . . . . . . . . Arizona. . . . . . . . . Arkansas . . . . . . . California . . . . . . . Colorado. . . . . . . . Connecticut . . . . . . Delaware . . . . . . . District of Columbia Florida . . . . . . . . . Georgia . . . . . . . . Hawaii . . . . . . . . . Idaho . . . . . . . . . . Illinois . . . . . . . . . Indiana . . . . . . . . . Iowa . . . . . . . . . . Kansas. . . . . . . . . Kentucky . . . . . . . Louisiana . . . . . . . Maine. . . . . . . . . . Maryland . . . . . . . Massachusetts. . . . Michigan. . . . . . . . Minnesota . . . . . . . Mississippi . . . . . . Missouri . . . . . . . . Montana . . . . . . . . Nebraska . . . . . . . Nevada . . . . . . . . New Hampshire . . . New Jersey . . . . . . New Mexico . . . . . New York . . . . . . . North Carolina . . . . North Dakota . . . . . Ohio . . . . . . . . . . Oklahoma . . . . . . . Oregon. . . . . . . . . Pennsylvania . . . . . Rhode Island . . . . . South Carolina. . . . South Dakota . . . . Tennessee . . . . . . Texas . . . . . . . . . . Utah . . . . . . . . . . Vermont . . . . . . . . Virginia. . . . . . . . . Washington . . . . . . West Virginia . . . . . Wisconsin . . . . . . . Wyoming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deaths Business bankruptcies 2000 2003 2004 2000 2003 2004 2000 2003 2004 574,300 10,067 2,333 15,175 4,680 167,047 25,462 9,910 3,682 4,472 59,912 28,925 3,745 5,829 28,875 14,112 5,668 6,483 8,637 10,468 5,135 20,539 18,640 23,760 13,906 6,439 13,996 4,418 4,441 8,587 4,677 27,885 5,836 61,507 23,310 1,493 22,290 8,979 14,729 35,104 3,675 11,114 2,138 15,793 54,330 9,875 2,511 22,219 40,357 4,177 12,436 2,314 553,500 9,014 2,441 13,322 7,253 113,500 22,400 8,501 3,439 4,052 69,711 24,217 3,658 5,998 28,933 13,452 5,534 7,625 8,155 9,298 4,033 20,687 18,984 22,022 14,652 6,020 15,947 4,548 4,311 9,749 4,653 29,236 5,508 60,569 22,465 1,456 22,227 8,802 13,842 31,214 3,465 10,759 1,338 17,700 52,677 10,656 2,122 22,069 36,136 4,126 12,400 2,419 580,900 9,413 1,848 12,421 7,852 117,016 23,694 9,064 3,270 4,393 77,754 29,547 3,698 7,814 28,453 13,906 5,954 6,742 8,807 9,875 4,300 21,751 18,822 24,625 15,167 6,141 16,155 4,588 4,849 10,483 4,865 35,895 5,683 62,854 23,387 1,747 22,725 9,263 13,481 33,188 3,932 11,745 1,691 17,415 54,098 11,357 2,322 24,134 31,955 3,937 13,093 2,519 542,831 9,302 2,671 11,984 5,581 134,541 7,561 11,528 3,052 4,996 55,186 26,754 3,521 6,249 31,361 15,738 7,485 6,981 7,508 13,708 4,906 19,563 18,164 30,240 4,829 7,555 17,580 2,435 5,234 7,761 7,341 23,950 6,451 57,423 23,467 2,191 24,276 8,848 16,102 34,893 4,170 11,721 1,809 17,563 57,300 10,135 2,653 20,569 41,793 5,542 15,151 2,908 572,300 10,927 2,507 15,488 6,918 140,435 13,243 11,044 3,148 3,874 56,665 25,898 4,010 6,742 41,112 15,137 7,378 8,392 10,801 12,171 4,715 21,697 21,870 24,748 17,928 7,267 20,190 4,679 5,050 8,939 4,598 36,827 5,770 61,199 23,234 2,049 23,544 8,434 14,194 32,917 4,103 10,711 1,899 16,315 55,461 10,368 2,584 20,539 35,345 5,550 12,629 2,921 576,200 10,104 2,650 17,553 6,481 143,115 9,734 11,018 3,362 3,440 54,498 27,835 3,754 5,716 33,472 15,282 7,391 7,250 8,597 9,668 4,987 20,636 20,270 24,584 15,209 7,380 17,924 4,896 5,051 9,012 5,401 50,034 5,592 64,013 22,055 2,621 21,328 8,018 14,407 34,507 4,250 10,975 2,251 16,520 55,792 11,597 2,578 19,919 47,141 5,136 12,711 2,737 35,219 445 118 765 261 4,595 373 139 2,320 58 1,447 1,012 63 269 1,270 398 214 169 355 619 162 677 393 577 1,492 203 369 141 115 332 302 660 513 1,960 445 92 1,471 876 1,453 1,455 74 138 133 641 2,592 451 71 815 717 277 685 47 34,765 287 121 701 429 4,501 552 187 505 55 1,534 1,585 72 225 991 640 323 303 327 499 105 523 396 684 1,379 282 378 98 238 321 178 734 774 1,987 528 105 1,426 612 1,591 1,193 48 142 110 597 3,153 519 78 956 737 290 722 44 34,019 325 64 480 376 3,748 786 132 276 41 1,183 2,090 47 160 912 524 360 268 319 622 138 417 315 681 1,374 170 354 109 207 257 158 684 727 4,070 486 85 1,432 659 852 1,138 74 175 108 548 3,094 440 85 750 665 247 742 65 1 State births and deaths do not necessarly add to the U.S. as firms enter and exit multiple states and the U.S. data is based upon a different data source. Source: U.S. Small Business Administration, Office of Advocacy, ″Small Business Economy,″ forthcoming; based on data provided by U.S. Employment and Training Administration, U.S. Census Bureau, and Administrative Office of the U.S. Courts. Table 746. Small Business Administration Loans to Minority Small Businesses: 1990 to 2004 [576 represents $576,000,000. For year ending September 30. A small business must be independently owned and operated, must not be dominant in its particular industry, and must meet standards set by the Small Business Administration as to its annual receipts or number of employees] Number of loans Minority group Total minority loans . Percent of all loans African American . . . . . Asian American . . . . . . Hispanic American . . . . Native American . . . . . . 1990 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,367 12.0 513 1,075 694 85 2000 2002 2003 Amount (mil. dol.) 2004 1990 2000 2002 2003 2004 11,999 14,305 20,182 25,406 24.8 25.0 27.2 28.4 2,120 2,148 3,769 4,826 5,838 7,249 9,507 12,100 3,500 4,272 6,112 7,684 541 636 794 796 576 (NA) 96 317 149 14 3,634 (NA) 388 2,383 761 101 4,228 (NA) 419 2,799 885 126 4,215 (NA) 399 2,756 942 118 5,143 (NA) 481 3,399 1,151 112 NA Not available. Source: U.S. Small Business Administration, Management Information Summary, unpublished data. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 517 Table 747. Selected Characteristics of Employer Business Owners: 2002 [The preliminary estimates in this report are based on responses from owners of businesses with paid employees operating in the United States. Data were collected on the 2002 Survey of Business Owners (SBO). Businesses were asked to report information about the characteristics of up to 3 individuals with the largest share of ownership. If a business had more than 3 owners, no characteristics information was requested from the additional owners. The data represent the characteristics of approximately 7.7 million owners. The estimates in this report are subject to sampling variability as well as nonsampling errors. Sources of nonsampling error include errors of response, nonreporting and coverage. For information on sampling error and nonsampling error, see <http://www.census.gov/econ/census02/sbo/intro.htm#reliability>] Percent of employer business owners Characteristic Owner’s age: Under 25 years old. . . 25 to 34 years old . . . 35 to 44 years old . . . 45 to 64 years old . . . 65 years old and over . Not reported . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 8 24 53 10 4 Sex: Male . . . . . . . . . . . . . . . . . . . . . . . . . . . . Female . . . . . . . . . . . . . . . . . . . . . . . . . . Not reported . . . . . . . . . . . . . . . . . . . . . . . 71 27 3 Race: 1 White. . . . . . . . . . . . . . . . . . . . . . . . . . Black or African American . . . . . . . . . . . . American Indian and Alaska Native . . . . . . Asian . . . . . . . . . . . . . . . . . . . . . . . . . . Native Hawaiian and Other Pacific Islander. Not reported . . . . . . . . . . . . . . . . . . . . . 88 2 1 6 (Z) 4 . . . . . . . . . . . . Percent of employer business owners Characteristic Ethnicity: Hispanic 2. . . . . . . . . . Non-Hispanic . . . . . . . Not reported . . . . . . . . Owner’s educational level: High school or less. . . . Some college . . . . . . . Undergraduate . . . . . . Post graduate . . . . . . . Not reported . . . . . . . . ............... ............... ............... 4 93 3 . . . . . . . . . . 24 28 24 19 4 Average number of hours owner spent managing or working in the business: None . . . . . . . . . . . . . . . . . . . . . . . . . . . . Less than 20 . . . . . . . . . . . . . . . . . . . . . . . 20 to 39 . . . . . . . . . . . . . . . . . . . . . . . . . . 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 to 59 . . . . . . . . . . . . . . . . . . . . . . . . . . 60 or more . . . . . . . . . . . . . . . . . . . . . . . . Not reported . . . . . . . . . . . . . . . . . . . . . . . 7 13 12 14 30 19 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Z Less than 0.5 percent. 1 Owners reporting more than one race are counted in each race group reported. Hispanic origin may be of any race. 2 Persons of Source: U.S. Census Bureau, ‘‘2002 Survey of Business Owners, Advance Report on Characteristics of Employer Business Owners: 2002’’; published 2 February 2005; <http://www.census.gov/econ/census02/sbo/sboadvance.htm>. Table 748. U.S. Firms—Ownership by Women, Race and Hispanic Origin Groups: 1997 [20,822 represents 20,822,000. A Hispanic firm may be of any race and, therefore may be included in more than one race group. See Appendix III] All firms Group All firms . . . . . . . . . . . . . . . . . Women . . . . . . . . . . . . . . . . Black . . . . . . . . . . . . . . . . . . . . Hispanic . . . . . . . . . . . . . . . . . . Cuban . . . . . . . . . . . . . . . . . Mexican, Mexican American, Chicano. . . . . . . . . . . . . . . . Puerto Rican . . . . . . . . . . . . . Spaniard . . . . . . . . . . . . . . . . Hispanic Latin American . . . . . . Other Spanish/Hispanic/Latino. . American Indian and Alaska Native Asian and Pacific Islander . . . . . . Asian Indian. . . . . . . . . . . . . . Chinese . . . . . . . . . . . . . . . . Filipino . . . . . . . . . . . . . . . . . Japanese . . . . . . . . . . . . . . . Korean . . . . . . . . . . . . . . . . . Vietnamese . . . . . . . . . . . . . . Other Asian . . . . . . . . . . . . . . Native Hawaiian . . . . . . . . . . . Other Pacific Islander . . . . . . . White non-Hispanic. . . . . . . . . . . Fifty-percent minority/fifty-percent nonminority . . . . . . . . . . . . . . . Other 1 . . . . . . . . . . . . . . . . . . . Firms (1,000) Firms (1,000) Sales and receipts (mil. dol.) Employees (1,000) Annual payroll (mil. dol.) 20,822 5,417 18,553,243 818,669 5,295 847 17,907,940 717,764 103,360 7,076 2,936,493 149,116 823 1,200 125 71,215 186,275 26,492 93 212 30 56,378 158,675 23,873 718 1,389 176 14,322 29,830 4,163 472 70 57 287 188 197 913 167 253 85 86 136 98 71 16 4 17,317 73,707 7,461 16,923 40,998 20,694 34,344 306,933 67,503 106,197 11,078 43,741 45,936 9,323 19,016 2,250 1,888 7,763,011 91 11 13 43 24 33 290 67 91 15 23 50 19 22 2 1 4,373 62,271 5,814 15,264 34,798 16,654 29,226 278,294 61,760 98,233 8,966 41,295 40,746 6,768 16,801 1,957 1,768 7,252,270 695 62 76 239 140 299 2,203 491 692 110 262 334 79 202 21 13 54,084 13,015 1,497 2,046 5,863 3,247 6,624 46,180 12,586 12,945 2,667 7,107 5,789 1,166 3,136 498 286 1,395,150 85 382 37,732 10,161,242 39 (S) 34,632 10,104,058 302 44,458 8,619 1,437,195 ... ... ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ... ... S Does not meet publication standards. companies. Firms with paid employees Sales and receipts (mil. dol.) 1 Includes publicly-held corporations, foreign-owned companies, and not-for-profit Source: U.S. Census Bureau, 1997 Economic Census, Company Statistics Series, Company Summary 1997, EC97CS-1; and Survey of Minority-Owned Business Enterprises—Asians and Pacific Islanders 1997, EC97CS-5; and Hispanic 1997, EC97CS-4. 518 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 749. Bankruptcy Petitions Filed and Pending by Type and Chapter: 1990 to 2004 [For years ending June 30. Covers only bankruptcy cases filed under the Bankruptcy Reform Act of 1978. Bankruptcy: legal recognition that a company or individual is insolvent and must restructure or liquidate. Petitions ‘‘filed’’ means the commencement of a proceeding through the presentation of a petition to the clerk of the court; ‘‘pending’’ is a proceeding in which the administration has not been completed] Item 1990 Total filed . . . . . . 1995 1998 1999 2000 2001 2002 2003 2004 725,484 858,104 1,429,451 1,391,964 1,276,922 1,386,606 1,505,306 1,650,279 1,635,725 . . . . . 64,688 660,796 468,171 2,116 190,509 51,288 50,202 39,934 36,910 37,135 39,201 37,182 35,739 806,816 1,379,249 1,352,030 1,240,012 1,349,471 1,466,105 1,613,097 1,599,986 552,244 984,745 968,807 864,183 950,724 1,030,372 1,144,658 1,146,761 1,755 981 731 722 745 894 966 935 252,817 393,523 382,492 375,107 397,996 434,835 467,466 452,286 Voluntary . . . . . . . . . . . Involuntary . . . . . . . . . . 723,886 1,598 856,991 1,428,550 1,391,130 1,276,146 1,385,840 1,504,500 1,649,543 1,635,099 1,113 901 834 776 766 806 736 626 Chapter 7 3 . . Chapter 9 6 . . Chapter 11 4 . Chapter 12 7 . Chapter 13 5 . Section 304 8 505,337 7 19,591 1,351 199,186 12 581,390 1,015,453 12 5 13,221 9,613 904 845 262,551 403,501 26 34 Business 1 . . . Nonbusiness 2 . Chapter 7 3 . Chapter 11 4 Chapter 13 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total pending . . . . 993,414 3 8,684 829 389,004 30 885,447 8 9,947 732 380,770 18 972,659 1,053,230 1,165,993 1,167,101 10 8 7 7 10,272 11,401 10,602 11,048 206 367 775 302 403,418 440,231 472,811 457,171 41 69 91 96 961,919 1,090,446 1,389,917 1,394,794 1,400,416 1,535,903 1,613,742 1,729,139 1,697,751 1 2 Business bankruptcies include those filed under chapters 7, 9, 11, or 12. Includes Section 304 petitions not shown separately. 3 Chapter 7, liquidation of nonexempt assets of businesses or individuals. 4 Chapter 11, individual or business reorganization. 5 Chapter 13, adjustment of debts of an individual with regular income. 6 Chapter 9, adjustment of debts of a municipality. 7 Chapter 12, adjustment of debts of a family farmer with regular income, effective November 26, 1986. 8 Chapter 11, U.S.C., Section 304, cases ancillary to foreign proceedings. Source: Administrative Office of the U.S. Courts, Statistical Tables for the Federal Judiciary and ‘‘Bankruptcy Statistics’’; <http://www.uscourts.gov/bnkrpctystats/statistics.htm>. Table 750. Bankruptcy Cases Filed by State: 2000 to 2004 [In thousands (1,276.9 represents 1,276,900). For years ending June 30. Covers only bankruptcy cases filed under the Bankruptcy Reform Act of 1978. Bankruptcy: legal recognition that a company or individual is insolvent and must restructure or liquidate. Petitions ‘‘filed’’ means the commencement of a proceeding through the presentation of a petition to the clerk of the court] State 2000 2002 2003 2004 Total 1 . . . . . . . . . . 1,276.9 1,505.3 1,650.3 1,635.7 Alabama . Alaska . . Arizona . . Arkansas. California. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31.4 1.4 21.7 16.3 160.6 39.6 1.4 27.3 21.8 148.4 42.0 1.6 31.7 24.5 148.6 42.4 1.5 31.8 24.2 132.5 Colorado . . . . . . . . Connecticut . . . . . . Delaware. . . . . . . . District of Columbia . Florida . . . . . . . . . . . . . . . . . . . 15.6 11.4 4.9 2.6 74.0 19.2 11.2 4.0 2.5 88.0 24.2 12.2 3.9 2.5 94.9 27.4 11.8 3.8 2.1 92.2 Georgia Hawaii . Idaho . . Illinois . . Indiana . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57.9 5.0 7.3 62.3 37.5 72.6 4.7 8.5 77.3 50.6 80.2 4.1 9.3 86.9 55.3 79.8 3.5 9.7 81.3 55.7 Iowa . . . . Kansas . . Kentucky . Louisiana Maine . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.2 11.4 20.8 23.1 4.1 11.2 14.0 26.3 26.5 4.4 12.4 16.0 28.7 28.4 4.6 13.0 16.3 29.3 30.2 4.6 Maryland . . . . . Massachusetts . Michigan . . . . . Minnesota . . . . Mississippi. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31.1 16.7 36.4 15.4 17.9 34.5 16.9 50.2 19.1 22.0 35.8 18.0 60.8 20.6 23.0 32.0 18.2 63.0 19.1 21.2 1 2000 2002 2003 2004 Missouri . . . . . Montana . . . . . Nebraska . . . . Nevada . . . . . . New Hampshire State . . . . . . . . . . . . . . . . . . . . . . . . . 26.3 3.3 5.6 14.3 3.9 31.5 4.1 7.3 18.6 3.7 37.3 4.3 8.3 20.7 4.3 38.0 4.4 8.8 19.4 4.5 New Jersey . . New Mexico. . New York . . . North Carolina North Dakota . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38.7 7.1 61.7 25.8 2.0 40.5 8.7 67.9 34.9 2.0 42.0 10.0 75.0 38.6 2.3 42.5 9.4 80.2 37.7 2.3 Ohio . . . . . . . Oklahoma . . . Oregon . . . . . Pennsylvania . Rhode Island . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53.6 19.3 18.1 43.8 4.8 73.2 23.3 23.5 52.0 4.7 85.4 26.1 25.5 57.9 4.8 90.9 27.2 24.9 59.1 4.3 South Carolina . South Dakota . . Tennessee. . . . Texas . . . . . . . Utah . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.7 2.1 47.1 62.9 14.4 15.1 2.7 61.5 77.0 20.7 15.9 2.8 65.9 88.4 22.8 15.9 2.9 62.9 92.2 21.3 Vermont . . . Virginia . . . . Washington . West Virginia Wisconsin . . Wyoming. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.6 37.1 31.2 8.2 18.0 2.0 1.7 41.9 37.3 9.7 23.2 2.2 1.9 44.1 40.7 11.0 27.7 2.5 1.8 42.1 40.1 11.4 27.7 2.4 . . . . . . . . . . . . Includes outlying areas not shown separately. Source: Administrative Office of the U.S. Courts, Statistical Tables for the Federal Judiciary and ‘‘Bankruptcy Statistics’’; <http://www.uscourts.gov/bnkrpctystats/statistics.htm>. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 519 Table 751. Mergers and Acquisitions—Summary: 1990 to 2003 [206 represents $206,000,000,000. Covers transactions valued at $5 million or more. Values based on transactions for which price data revealed. All activity includes mergers, acquisitions, acquisitions of partial interest that involve a 40-percent stake in the target or an investment of at least $100 million, divestitures, and leveraged transactions that result in a change in ownership. Divestiture: sale of a business, division, or subsidiary by corporate owner to another party. Leveraged buyout: acquisition of a business in which buyers use mostly borrowed money to finance purchase price and incorporate debt into capital structure of business after change in ownership] Item Unit All activity: Number. . . . . . . . . Value. . . . . . . . . . . . . . . Divestitures: Number . . . . . . Value. . . . . . . . . . . . . . . Leveraged buyouts: Number . Value. . . . . . . . . . . . . . . Foreign acquisitions of U.S. companies: Number. . . . . . . . . . . . . . . Value . . . . . . . . . . . . . . . . U.S. acquisitions overseas: Number. . . . . . . . . . . . . . . Value . . . . . . . . . . . . . . . . U.S. companies acquiring U.S. companies: Number. . . . . . . . . . . . . . . Value . . . . . . . . . . . . . . . . 1990 1995 1997 1998 1999 2000 2001 2002 2003 . . . . . . 4,239 206 1,907 91 177 18 4,981 896 2,227 365 206 24 8,770 1,610 3,189 616 198 24 9,634 2,480 3,304 555 238 27 9,599 11,169 3,402 3,440 3,184 3,497 678 892 344 476 58 86 7,713 1,688 2,816 644 329 60 7,032 1,185 2,631 473 303 83 7,743 1,318 3,090 501 366 86 . . Number . . . . . Bil. dol. . . . 773 56 80 4 441 65 483 233 560 297 741 335 448 125 336 68 321 58 . . Number . . . . . Bil. dol. . . . 392 21 317 63 539 88 746 128 698 158 746 136 470 108 378 56 398 106 . . Number . . . . . Bil. dol. . . . (NA) (NA) 2,250 462 3,753 834 3,882 1,379 3,353 1,259 3,119 1,400 2,079 638 1,994 370 2,070 463 . . . . . . . . . . . . Number . Bil. dol. . Number . Bil. dol. . Number . Bil. dol. . . . . . . . NA Not available. Source: Thomson Financial, Newark, NJ, Mergers & Corporate Transactions Database (copyright). Table 752. Mergers and Acquisitions by Industry: 2003 [462,808 represents $462,808,000,000. See headnote, Table 751] U.S. company acquiring Foreign company U.S. company acquiring U.S. company Industry 1 Total activity . . . . . . . . . . . . . . . . . Business services. . . . . . . . . . . . . . . . . . . Chemicals and allied products . . . . . . . . . . Commercial banks, bank holding companies . Credit institutions . . . . . . . . . . . . . . . . . . . Drugs. . . . . . . . . . . . . . . . . . . . . . . . . . . Electric, gas, water distribution . . . . . . . . . . Electronic and electrical equipment . . . . . . . Food and kindred products . . . . . . . . . . . . Health services . . . . . . . . . . . . . . . . . . . . Insurance . . . . . . . . . . . . . . . . . . . . . . . . Investment & commodity firms, dealers, exchanges . . . . . . . . . . . . . . . . . . . . . . Measuring, medical, photo equip; clocks. . . . Metal and metal products. . . . . . . . . . . . . . Motion picture production and distribution . . . Oil and gas; petroleum refining . . . . . . . . . . Other financial . . . . . . . . . . . . . . . . . . . . . Prepackaged software. . . . . . . . . . . . . . . . Printing, publishing, and allied services . . . . Radio & television broadcasting stations . . . . Real estate, mortgage bankers and brokers . Soaps, cosmetics, & personal-care products . Telecommunications . . . . . . . . . . . . . . . . . - Represents zero. 1 U.S. company acquiring foreign company Number Value (mil. dol.) Number Value (mil. dol.) Number Value (mil. dol.) . . . . . . . . . . . . . . . . . . . . . . 2,070 209 31 130 23 70 75 72 36 54 56 462,808 33,417 9,192 65,995 11,423 15,914 26,240 9,577 7,033 10,935 54,893 321 33 15 3 7 14 16 16 10 2 4 58,371 1,562 1,739 227 961 7,502 1,386 1,827 1,339 217 13,366 398 56 13 13 6 19 4 17 8 1 5 106,423 5,391 4,409 7,154 720 11,548 246 932 5,999 10 3,095 . . . . . . . . . . . . . . . . . . . . . . . . 59 69 46 15 111 7 134 17 71 123 7 49 18,522 12,239 6,542 14,584 20,742 7,615 11,884 2,612 13,132 26,559 425 5,973 10 11 8 3 19 1 19 7 21 2 5 910 997 669 335 1,585 11 1,261 1,650 3,005 3,089 8,237 28 21 8 12 2 38 3 11 13 3 11 3,563 5,394 856 3,827 292 982 4,099 5,420 16,378 6,951 2,789 Includes other industries not shown separately. Source: Thomson Financial, Newark, NJ, Merger & Corporate Transactions Database (copyright). Table 753. Private Equity Commitments: 1990 to 2004 Type of capital Private equity capital, total . . . . . . . . . . . . Venture capital. . . . . . . . Buyouts and mezzanine capital 1 . . . . . . . . . . . Number of funds Amount (mil. dol.) 1990 1995 2000 2002 2003 151 88 280 176 794 634 276 192 235 147 63 104 160 84 88 2004 2003 2004 274 11,166 36,655 182,789 35,533 41,357 175 3,390 10,212 106,060 9,037 11,521 62,244 18,227 99 1990 1995 2000 2002 7,777 26,443 76,729 26,496 29,835 44,016 1 Mezzanine capital is a fund investment strategy involving subordinated debt (the level of financing senior to equity and below senior debt). Source: Thomson Venture Economics, New York, NY, unpublished data. 520 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 754. Patents and Trademarks: 1990 to 2004 [In thousands (99.2 represents 99,200). Calendar year data. Covers U.S. patents issued to citizens of the United States and residents of foreign countries. For data on foreign countries, see Table 1339] Type 1990 1995 1998 1999 2000 2001 2002 2003 2004 ........... ........... ........... 99.2 90.4 17.3 113.8 101.4 17.4 163.1 147.5 22.5 169.1 153.5 22.8 176.0 157.5 22.4 184.0 166.0 21.7 184.4 167.3 20.5 187.0 169.0 19.6 181.3 164.3 17.6 . . . . . . . . . . . . 36.1 36.0 1.0 8.0 0.3 0.4 44.0 39.1 1.0 11.7 0.4 0.3 66.1 57.9 1.0 14.8 0.6 0.3 69.4 60.3 1.0 14.7 0.4 0.4 70.9 63.3 0.9 17.4 0.5 0.5 74.3 69.0 1.0 16.9 0.6 0.5 74.2 71.8 0.9 15.5 1.1 0.5 75.3 73.2 0.9 16.6 1.0 0.4 73.0 72.9 0.8 15.7 1.0 0.3 U.S. residents . . . . . . . . . . . . . . . Foreign country residents . . . . . . . . Percent of total . . . . . . . . . . . . . 52.8 46.2 46.7 64.4 49.4 43.4 90.6 72.5 44.4 94.0 75.1 44.4 96.9 79.1 44.9 98.6 85.4 46.4 97.1 87.3 47.3 98.6 88.5 47.3 94.1 87.2 48.1 127.3 60.8 53.6 7.2 181.0 92.5 85.6 6.9 238.0 136.1 129.9 6.2 328.6 191.9 184.9 7.0 361.8 115.2 106.4 8.8 277.3 142.9 109.6 33.3 264.1 176.0 146.9 29.2 271.7 166.6 130.9 35.6 304.5 146.0 113.7 32.3 Patents issued . . . . . Inventions . . . . . . . Individuals . . . . . Corporations: United States . Foreign 1 . . . . U.S. Government. Designs . . . . . . . . Botanical plants . . . Reissues . . . . . . . . . . . . . . Trademarks: Applications filed. . . . . Issued . . . . . . . . . . . Trademarks . . . . . . Trademark renewals. 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Includes patents to foreign governments. Source: U.S. Patent and Trademark Office, ‘‘Statistical Reports Available For Viewing, Calendar Year Patent Statistics’’; <http://www.uspto.gov/web/offices/ac/ido/oeip/taf/reports.htm> and unpublished data. Table 755. Patents by State: 2004 [Includes only U.S. patents granted to residents of the United States and territories] State Total U.S. 1 . . . . . Alabama . . . . . Alaska . . . . . . Arizona . . . . . . Arkansas. . . . . California. . . . . Colorado . . . . . Connecticut . . . Delaware. . . . . District of Columbia . . . . Florida . . . . . . Georgia . . . . . Hawaii . . . . . . Idaho . . . . . . . Illinois . . . . . . . Indiana . . . . . . Iowa . . . . . . . . Kansas . . . . . . Kentucky . . . . . Louisiana . . . . Maine . . . . . . . Maryland . . . . . Massachusetts . Michigan . . . . . Minnesota . . . . Mississippi. . . . Designs 9,252 33 10 103 27 1,861 189 141 62 428 4 2 1 210 1 1 159 4 42 4 1 5 464 155 9 36 570 194 77 92 56 38 4 116 225 351 230 22 64 6 1 17 10 1 6 2 2 8 7 1 5 5 1 5 1 5 5 6 5 1 . . . . . . . . . . . . . . . . . . . 94,110 84,271 . 412 375 . 49 39 . 1,730 1,621 . 160 132 . 21,601 19,488 . 2,289 2,099 . 1,722 1,577 . 406 342 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - Represents zero. 80 2,989 1,492 86 1,822 3,754 1,485 736 540 463 387 138 1,436 3,904 4,122 2,996 159 1 Botanical Replants issues Inventions 75 2,456 1,326 76 1,785 3,162 1,280 658 448 407 343 134 1,313 3,672 3,757 2,754 135 State Missouri . . . . . Montana . . . . . Nebraska . . . . Nevada . . . . . . New Hampshire New Jersey . . . New Mexico. . . New York . . . . North Carolina . North Dakota . . Ohio . . . . . . . . Oklahoma . . . . Oregon . . . . . . Pennsylvania . . Rhode Island . . South Carolina . South Dakota . . Tennessee. . . . Texas . . . . . . . Utah . . . . . . . . Vermont . . . . . Virginia . . . . . . Washington . . . West Virginia . . Wisconsin . . . . Wyoming. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Inventions Designs 895 131 229 476 681 3,352 383 6,618 2,075 66 3,417 490 1,967 3,223 368 581 88 874 6,239 784 428 1,181 2,442 111 1,975 55 768 119 191 410 626 2,957 370 5,846 1,794 53 2,889 447 1,725 2,883 309 524 82 681 5,930 683 400 1,077 2,221 100 1,658 52 117 11 37 65 52 380 12 760 268 12 525 40 218 322 55 54 6 193 290 100 28 103 214 6 310 3 Botanical Replants issues 10 1 2 5 1 10 1 2 20 10 1 3 7 1 3 5 2 - 1 1 1 10 1 11 3 3 1 4 8 3 12 1 4 5 - Includes U.S. territories not shown separately. Source: U.S. Patent and Trademark Office, unpublished data. Table 756. Copyright Registration by Subject Matter: 1990 to 2004 [In thousands (590.7 represents 590,700). For years ending September 30. Comprises claims to copyrights registered for both U.S. and foreign works. Semiconductor chips and renewals are not considered copyright registration claims] Subject matter Total copyright claims Monographs 1 . . . . . . . . . Serials. . . . . . . . . . . . . . Sound recordings . . . . . . Musical works 2 . . . . . . . 1990 . . . . . . . . . . 2000 2003 2004 . 590.7 497.6 514.1 642.0 . 179.7 169.7 188.0 227.5 . 111.5 69.0 56.3 68.2 . 37.5 34.2 47.0 68.0 . 185.3 138.9 129.4 170.5 Subject matter 1990 2000 2003 .... 76.7 85.8 93.4 107.8 Semiconductor chip products . . . . . . . . . . . . . Renewals . . . . . . . . . . . . . 1.0 51.8 0.7 16.8 0.4 19.5 Works of the visual arts 3 2004 0.3 18.9 1 Includes computer software and machine readable works. 2 Includes dramatic works, accompanying music, choreogra3 phy, pantomimes, motion pictures, and filmstrips. Two-dimensional works of fine and graphic art, including prints and art reproductions; sculptural works; technical drawings and models; photographs; commercial prints and labels; works of applied arts, cartographic works, and multimedia works. Source: The Library of Congress, Copyright Office, Annual Report. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 521 Table 757. Net Stock of Private Fixed Assets by Industry: 2000 to 2003 [In billions of dollars (21,190 represents $21,190,000,000,000). Estimates as of Dec. 31. Net stock estimates are presented in terms of current cost and cover equipment, software, and structures] Industry NAICS code Private fixed assets . . . . . . . . . . . . . . . . . . . . . . . . Agriculture, forestry, fishing, and hunting. . . . . . . . . . . . . . . . . Farms 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Forestry, fishing, and related activities. . . . . . . . . . . . . . . . . Mining . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Oil and gas extraction . . . . . . . . . . . . . . . . . . . . . . . . . . . Mining, except oil and gas . . . . . . . . . . . . . . . . . . . . . . . . Support activites for mining. . . . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Durable goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Wood products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . . . . . . . . . Primary metals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fabricated metal products . . . . . . . . . . . . . . . . . . . . . . . Machinery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Computer and electronic products . . . . . . . . . . . . . . . . . Electrical equipment, appliances, and components . . . . . . Motor vehicles, bodies and trailers, and parts . . . . . . . . . . Other transportation equipment . . . . . . . . . . . . . . . . . . . Furniture and related products . . . . . . . . . . . . . . . . . . . . Miscellaneous manufacturing . . . . . . . . . . . . . . . . . . . . . Nondurable goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food and beverage and tobacco products . . . . . . . . . . . . Textile mills and textile product mills . . . . . . . . . . . . . . . . Apparel and leather and allied products . . . . . . . . . . . . . . Paper products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing and related support activities . . . . . . . . . . . . . . . Petroleum and coal products . . . . . . . . . . . . . . . . . . . . . Chemical products . . . . . . . . . . . . . . . . . . . . . . . . . . . . Plastics and rubber products . . . . . . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing . . . . . . . . . . . . . . . . . . . . . . Air transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Railroad transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . Water transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . . Truck transportation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transit and ground passenger transportation . . . . . . . . . . . . Pipeline transportation . . . . . . . . . . . . . . . . . . . . . . . . . . . Other transportation and support activites 3 . . . . . . . . . . . . . Warehousing and storage. . . . . . . . . . . . . . . . . . . . . . . . . Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Publishing industries (includes software) . . . . . . . . . . . . . . . Motion picture and sound recording industries . . . . . . . . . . . Broadcasting and telecommunications . . . . . . . . . . . . . . . . Information and data processing services . . . . . . . . . . . . . . Finance and insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . Federal Reserve banks . . . . . . . . . . . . . . . . . . . . . . . . . . Credit intermediation and related activities . . . . . . . . . . . . . . Securities, commodity contracts, and investments . . . . . . . . . Insurance carriers and related activities. . . . . . . . . . . . . . . . Funds, trusts, and other financial vehicles . . . . . . . . . . . . . . Real estate and rental and leasing . . . . . . . . . . . . . . . . . . . . Real estate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rental and leasing services and lessors of intangible assets 4 Professional, scientific, and technical services . . . . . . . . . . . . . Legal services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Computer systems design and related services . . . . . . . . . . Miscellaneous professional, scientific, and technical services 5 Management of companies and enterprises 6 . . . . . . . . . . . . . Administrative and waste management services. . . . . . . . . . . . Administrative and support services . . . . . . . . . . . . . . . . . . Waste management and remediation services . . . . . . . . . . . Educational services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Health care and social assistance . . . . . . . . . . . . . . . . . . . . . Ambulatory health care services . . . . . . . . . . . . . . . . . . . . Hospitals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Nursing and residential care facilities . . . . . . . . . . . . . . . . . Social assistance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Arts, entertainment, and recreation . . . . . . . . . . . . . . . . . . . . Performing arts, spectator sports, museums, and related activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Amusements, gambling, and recreation industries . . . . . . . . . Accommodation and food services . . . . . . . . . . . . . . . . . . . . Accommodation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Food services and drinking places . . . . . . . . . . . . . . . . . . . Other services, except government . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (X) 11 111, 112 113-115 21 211 212 213 22 23 31-33 (X) 321 327 331 332 333 334 335 3361-3363 3364, 3365, 3369 337 339 (X) 311, 312 313, 314 315, 316 322 323 324 325 326 42 44-45 48-49 481 482 483 484 485 486 487, 488, 492 493 51 511 512 513 514 52 521 522 523 524 525 53 531 532, 533 54 5411 5415 (5) 551111, 551112 56 561 562 61 62 621 622 623 624 71 . . . . . . 711, 712 713 72 721 722 81 2000 2001 2002 2003 21,190 406 379 27 580 442 92 46 1,039 173 1,759 996 31 55 124 112 140 245 45 105 79 16 43 763 182 44 17 100 41 92 220 67 348 641 805 196 267 39 68 34 74 105 22 817 50 32 716 19 822 11 465 86 165 95 11,476 11,233 243 205 20 50 135 269 153 84 68 213 693 190 449 29 24 128 22,485 421 394 27 642 500 93 49 1,090 179 1,800 1,028 32 57 124 114 147 261 46 107 80 16 44 773 185 43 17 100 42 94 225 68 358 677 835 216 272 40 66 35 77 106 23 865 51 32 761 21 855 12 480 89 171 104 12,300 12,038 263 221 20 55 145 279 161 91 70 232 734 199 479 31 26 140 23,530 433 405 28 636 495 93 49 1,139 184 1,812 1,040 32 58 123 115 151 268 47 107 81 17 45 772 185 43 17 98 42 94 226 68 366 706 855 227 274 41 66 36 81 107 23 894 51 32 788 23 878 12 489 94 174 110 13,062 12,784 278 229 21 58 150 285 167 96 71 249 770 206 505 33 27 149 24,824 449 421 28 632 489 94 49 1,180 191 1,833 1,057 32 59 121 115 155 278 47 107 81 17 45 776 185 42 17 98 43 95 228 69 380 733 880 239 280 42 66 37 84 109 24 927 52 32 819 24 910 13 506 99 178 115 14,030 13,726 305 240 21 61 157 291 172 101 71 265 813 214 536 34 28 158 48 80 336 177 160 329 52 88 350 183 167 346 55 93 359 186 173 359 58 99 368 189 178 373 X Not applicable. 1 Based on North American Industry Classification System, 1997; see text this section. 2 NAICS crop and animal production. 3 Consists of scenic and sightseeing transportation; transportation support activities; and couriers and 5 messengers. 4 Intangible assets include patents, trademarks, and franchise agreements, but not copyrights. Consists of accounting, tax preparation, bookkeeping, and payroll services (NAICS code 5412); architectural, engineering, and related services (5413); specialized design services (5414); management, scientific, and technical consulting services (5416); scientific research and development services (5417); advertising and related services (5418); and other professional, scientific, and technical services (5419). 6 Consists of bank and other holding companies. Source: U.S. Bureau of Economic Analysis, ‘‘Table 3.1ES. Current-Cost Net Stock of Private Fixed Assets by Industry, 1987-2003’’; <http://www.bea.doc.gov/bea/dn/FA2004/Table View.asp>; accessed 14 April 2005. 522 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 758. Gross Private Domestic Investment in Current and Real (2000) Dollars: 1990 to 2003 [In billions of dollars (861 represents $861,000,000,000). Covers equipment, software, and structures] Item 1990 1995 1998 1999 2000 2001 2002 2003 .. .. 861 552 1,144 713 1,509 851 1,626 914 1,736 991 1,614 1,076 1,579 1,093 1,666 1,136 . . . . . . . . . . . . . . 309 846 552 295 622 224 15 431 1,113 713 400 810 303 31 658 1,438 851 587 1,053 386 71 711 1,559 914 644 1,134 425 67 745 1,679 991 688 1,232 447 57 539 1,646 1,076 571 1,177 469 -32 486 1,568 1,093 475 1,064 504 11 530 1,667 1,136 531 1,095 572 -1 .. .. 895 572 1,134 707 1,524 856 1,643 922 1,736 991 1,598 1,072 1,561 1,091 1,629 1,124 . . . . . 323 887 595 299 15 427 1,110 763 353 30 669 1,455 1,038 418 73 721 1,576 1,133 444 69 745 1,679 1,232 447 57 527 1,629 1,181 449 -32 470 1,549 1,076 470 12 505 1,627 1,111 511 -1 CURRENT DOLLARS Gross private domestic investment . Less: Consumption of fixed capital . . . Equals: Net private domestic investment . . . . . . . . . . . . . . . . . . Fixed investment . . . . . . . . . . . . . Less: Consumption of fixed capital . Equals: Net fixed investment . . . . . Nonresidential . . . . . . . . . . . . . Residential . . . . . . . . . . . . . . . Change in private inventories . . . . . CHAINED (2000) DOLLARS Gross private domestic investment . Less: Consumption of fixed capital . . . Equals: Net private domestic investment . . . . . . . . . . . . . . . . . . Fixed investment . . . . . . . . . . . . . Nonresidential . . . . . . . . . . . . . Residential . . . . . . . . . . . . . . . Change in private inventories . . . . . . . . . . Source: U.S. Bureau of Economic Analysis, National Income and Product Accounts, Volume 1, 1929−2000, and Survey of Current Business, May 2005. See also <http://www.bea.gov/bea/dn/nipaweb/selecttable.asp>. Table 759. Capital Expenditures: 2000 to 2003 [In billions of dollars (1,161 represents $1,161,000,000,000). Based on a sample survey and subject to sampling error; see source for details] Companies with employees All companies Item Companies without employees 2000 2001 2002 2003 2000 2001 2002 2003 2000 2001 2002 2003 . . . . . . . 1,161 364 329 35 797 751 46 1,109 364 336 28 745 706 39 997 358 321 37 639 598 41 984 344 304 40 640 590 50 1,090 338 309 29 752 718 34 1,052 346 324 22 706 679 27 917 325 300 25 592 564 28 896 313 281 32 583 551 32 71 26 20 6 45 32 12 57 18 12 6 39 27 12 80 33 21 12 47 34 13 88 31 23 7 57 39 18 Capital leases . . . . . . . . . . . 20 16 15 16 19 16 15 15 (Z) (Z) (Z) (Z) Capital expenditures, total. . . . . . . . . . . . Structures . . . . . . . . . . . . New . . . . . . . . . . . . . . Used . . . . . . . . . . . . . . Equipment and software. . . New . . . . . . . . . . . . . . Used . . . . . . . . . . . . . . . . . . . . . Z Less than $500 million. Source: U.S. Census Bureau, Annual Capital Expenditures, 2003, Series ACE. Table 760. Capital Expenditures by Industry: 2000 and 2003 [In billions of dollars (1,090 represents $1,090,000,000,000). Covers only companies with employees. Based on the North American Industry Classification System (NAICS), 1997; see text, this section. Based on a sample survey and subject to sampling error; see source for details] NAICS code Industry Total expenditures . . . . . (X) Forestry, fishing, and agricultural services . . . . Mining . . . . . . . . . . . . . . Utilities. . . . . . . . . . . . . . Construction . . . . . . . . . . Manufacturing . . . . . . . . . Durable goods . . . . . . . Nondurable goods . . . . Wholesale trade . . . . . . . Retail trade. . . . . . . . . . . Transportation and warehousing . . . . . . . . . Information . . . . . . . . . . . Finance and insurance . . . Real estate and rental and leasing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113-115 21 22 23 31-33 321, 327, 33 31, 322-326 42 44-45 . . . 48-49 . . . 51 . . . 52 . . . 53 2000 2003 1,090 896 1 43 61 25 215 134 81 34 70 2 51 55 23 149 81 68 28 66 60 160 134 45 82 125 92 89 NAICS code Industry Professional, scientific, and technical services. . . . . . . . Management of companies and enterprises . . . . . . . . . Admin/support waste mgt. /remediation services . . . . . Educational services. . . . . . . Health care and social assistance . . . . . . . . . . . . Arts, entertainment, and recreation . . . . . . . . . . . . . Accommodation and food services . . . . . . . . . . . . . . Other services (except public administration) . . . . . . . . . . Structure and equipment expenditures serving multiple industry categories . . . . 2000 2003 25 . 54 34 . 55 5 3 . 56 . 61 18 18 16 17 . 62 52 61 . 71 19 11 . 72 26 21 . 81 21 26 . (X) 2 1 X Not applicable. Source: U.S. Census Bureau, Annual Capital Expenditures, 2003 Series ACE. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 523 Table 761. Composite Indexes of Leading, Coincident, and Lagging Economic Indicators: 1990 to 2004 [385.4 represents 385,400] Item Unit Leading index, composite . . . . . . . . . . Average weekly hours, manufacturing . . Average weekly initial claims for unemployment insurance . . . . . . . . . Manufacturers’ new orders, consumer goods and materials (1982 dol.) . . . . . Vendor performance, slower deliveries diffusion index 1 . . . . . . . . . . . . . . . . Manufacturers’ new orders, nondefense capital goods (1982 dol.) . . . . . . . . . . Building permits, new private housing units . . . . . . . . . . . . . . . . . . . . . . . Stock prices, 500 common stocks 1 . . . Money supply, M2 (chain 2000 dol.) . . . Interest rate spread, 10-year Treasury bonds less federal funds . . . Index of consumer expectations 1 . . . . . Coincident index, composite . . . . . . . . Employees on nonagricultural payrolls. . Personal income less transfer payments (chain 2000 dol.) . . . . . . . . Industrial production. . . . . . . . . . . . . . Manufacturing and trade sales (chain 2000 dol.) . . . . . . . . . . . Lagging index, composite . . . . . . . . . . Average duration of unemployment. . . . Inventories to sales ratio, manufacturing and trade (chain 2000 dol.) . . . . . . . . Change in labor cost per unit of output, manufacturing . . . . . . . . . . . . . . . . . Average prime rate . . . . . . . . . . . . . . Commercial and industrial loans outstanding (chain 2000 dol.) . . . . . . . Consumer installment credit to personal income ratio . . . . . . . . . . . . Change in consumer price index for services . . . . . . . . . . . . . . . . . . . . . 1990 2000 2001 2002 2003 2004 95.0 40.5 109.4 41.2 108.5 40.4 110.8 40.4 112.3 40.4 115.6 40.8 . 1996 = 100 . . . . . Hours. . . . . . . . . 1,000 . . . . . . . . 385.4 299.1 406.1 403.9 401.4 343.1 . Mil. dol. . . . . . . 112,431 152,073 142,731 142,629 141,912 146,678 . Percent . . . . . . 47.9 53.3 48.0 53.3 53.1 62.7 . Mil. dol. . . . . . . 31,882 49,869 41,859 39,008 41,062 45,983 . 1,000 . . . . . . . . . 1941-43 = 10. . . . Bil. dol.. . . . . . . 1,155 334.6 4,010 1,598 1,426.8 4,802 1,637 1,192.1 5,115 1,749 995.6 5,423 1,889 963.7 5,684 2,035 1,130.6 5,813 . . . . 0.45 70.2 88.5 109,489 -0.21 102.7 115.4 131,792 1.13 82.3 114.8 131,833 2.94 84.6 114.1 130,345 2.89 81.4 114.5 129,999 2.93 88.5 117.4 131,473 . Bil. dol.. . . . . . . . 1997 = 100 . . . . 5,321 77.4 7,345 115.4 7,376 111.3 7,336 111.0 7,417 110.9 7,654 115.5 . Mil. dol. . . . . . . . 1996 = 100 . . . . . Weeks . . . . . . . 592,717 101.4 12.0 844,794 106.7 12.7 834,827 105.2 13.1 846,205 102.8 16.7 866,894 100.9 19.2 919,736 98.8 19.6 . . . . Percent . . . . 1966:1 = 100. 1996=100 . . . 1,000 . . . . . . . . . . . Ratio . . . . . . . . 1.43 1.38 1.41 1.36 1.35 1.29 . Percent . . . . . . . Percent . . . . . . 1.2 10.0 2.4 9.2 -11.4 6.9 0.5 4.7 3.6 4.1 -1.2 4.3 . Mil. dol. . . . . . . 670,015 941,727 835,394 677,212 579,641 518,965 . Percent . . . . . . 16.5 19.2 20.4 21.3 21.6 21.4 . Percent . . . . . . 5.8 3.8 3.9 3.2 3.1 3.0 1 Data are from private sources and provided through the courtesy of the compilers and are subject to their copyrights: stock prices, Standard & Poors Corporation; index of consumer expectations, University of Michigan’s Survey Research Center; vendor perfomance, Institute for Supply Management. Source: The Conference Board, New York, NY 10022-6601, Business Cycle Indicators, monthly, <http://www.conferenceboard.org/economics/bci/> (copyright). Table 762. Business Cycle Expansions and Contractions—Months of Duration: 1918 to 2001 [A trough is the low point of a business cycle; a peak is the high point. Contraction, or recession, is the period from peak to subsequent trough; expansion is the period from trough to subsequent peak. Business cycle reference dates are determined by the National Bureau of Economic Research, Inc.] Business cycle reference date Year 1919 1921 1924 1927 1933 1938 1945 1949 1954 1958 1961 1970 1975 1980 1982 1991 2001 7 18 14 13 43 13 8 11 10 8 10 11 16 6 16 8 8 44 10 22 27 21 50 80 37 45 39 24 106 36 58 12 92 120 51 28 36 40 64 63 88 48 55 47 34 117 52 64 28 100 128 67 17 40 41 34 93 93 45 56 49 32 116 47 74 18 108 128 . . . . 17 22 18 10 38 27 35 57 55 48 53 67 3 56 4 . . . . 18 22 20 10 33 24 26 52 51 46 46 63 5 52 6 Trough Month August . . . . . . . . . . . . . . January . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . October . . . . . . . . . . . . . . August . . . . . . . . . . . . . . May . . . . . . . . . . . . . . . . February . . . . . . . . . . . . . November . . . . . . . . . . . . July . . . . . . . . . . . . . . . . August . . . . . . . . . . . . . . April . . . . . . . . . . . . . . . . December . . . . . . . . . . . . November . . . . . . . . . . . . January . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . July . . . . . . . . . . . . . . . . March . . . . . . . . . . . . . . . Average, all cycles: 1854 to 2001 (32 cycles) . 1854 to 1919 (16 cycles) . 1919 to 1945 (6 cycles) . 1945 to 2001 (10 cycles) . Average, peacetime cycles: 1854 to 2001 (27 cycles) . 1854 to 1919 (14 cycles) . 1919 to 1945 (5 cycles) . 1945 to 2001 (8 cycles) . Length of cycle Expansion (previous Trough from Peak from trough to previous previous this peak) trough peak Contraction (peak to trough) Peak Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1918 1920 1923 1926 1929 1937 1945 1948 1953 1957 1960 1969 1973 1980 1981 1990 2001 Month March . . . July . . . . . July . . . . . November March . . . June . . . . October . . October . . May. . . . . April . . . . February . November March . . . July . . . . . November March . . . November . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1 2 49 53 67 47 45 63 1 Previous trough: December 1914. 2 Previous peak: January 1913. 3 31 cycles. 4 15 cycles. 5 26 cycles.6 13 cycles. Source: National Bureau of Economic Research, Inc., Cambridge, MA, ‘‘Business Cycle Expansions and Contractions’’; <http://www.nber.org/cycles.html>; (accessed: 5 May 2005). 524 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 763. Industrial Production Indexes by Industry: 1980 to 2004 [Except as noted, based on the North American Industry Classification System (NAICS); 1997; see text, this section. Minus sign (-) indicates decrease] Index (1997 = 100) Industry NAICS code Percent change Business Enterprise 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2001- 2002- 20032004 2002 2003 2004 Total index . . . . . . . . . . . . . . (X) Manufacturing (SIC) 1 . . . . . . . . . . . (X) Manufacturing (NAICS) . . . . . . . . . 31-33 62.6 58.2 57.2 68.2 65.1 63.9 77.4 75.0 73.9 80.9 78.9 78.3 85.3 83.7 83.3 89.4 88.1 87.9 93.2 92.2 92.2 100.0 100.0 100.0 105.8 106.6 106.6 110.6 112.2 112.3 115.4 117.3 117.6 111.3 112.3 112.7 111.0 111.9 112.7 110.9 111.9 112.7 115.5 117.2 118.1 -0.3 -0.4 -0.1 - 4.1 4.8 4.8 Durable goods . . . . . . . . . . . Wood products . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . Primary metals. . . . . . . . . . Fabricated metal products . . Machinery . . . . . . . . . . . . . Computers and electronic products . . . . . . . . . . . . . Electrical equip, appliances, and components. . . . . . . . Motor vehicles and parts . . . Aerospace and other misc transportation equipment . . Furniture and related products . . . . . . . . . . . . . Miscellaneous products . . . . Nondurable goods . . . . . . . . . Food, beverage and tobacco products . . . . . . . . . . . . . Textile and product mills . . . Apparel and leather . . . . . . Paper. . . . . . . . . . . . . . . . Printing and related support . Petroleum and coal products . . . . . . . . . . . . . Chemical . . . . . . . . . . . . . Plastics and rubber products . . . . . . . . . . . . . Other manufacturing (non-NAICS) 2 . . . . . . . . . . . . Mining . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . Electric power generation, transmission and distribution . . . Natural gas distribution . . . . . . . 48.9 68.3 55.4 75.3 64.6 86.8 69.6 86.7 75.7 91.8 82.1 94.0 89.1 97.1 100.0 100.0 110.5 104.5 120.1 108.8 129.4 107.3 123.1 100.4 122.8 102.6 124.4 100.9 133.0 104.8 -0.3 2.1 1.3 -1.6 7.0 3.8 327 331 332 333 77.6 102.4 75.9 79.2 77.7 75.3 75.2 69.4 85.1 85.6 78.3 77.6 83.6 86.2 80.0 78.1 88.3 92.7 87.1 85.5 90.9 93.8 92.3 91.5 96.7 96.0 95.8 94.8 100.0 100.0 100.0 100.0 105.0 101.6 103.1 102.5 105.8 101.4 104.0 100.3 105.8 98.1 108.1 105.4 101.8 88.7 100.0 93.1 101.6 90.3 97.6 88.3 100.9 87.4 93.5 86.4 105.7 92.3 96.5 96.4 -0.3 1.8 -2.4 -5.2 -0.6 -3.3 -4.2 -2.1 4.7 5.6 3.2 11.6 . . 334 10.2 20.3 29.2 37.7 44.8 58.1 74.3 100.0 128.5 169.7 224.9 227.3 222.2 251.5 288.2 -2.2 13.2 14.6 . . 335 . . 3361-3 75.3 45.0 76.8 62.9 79.7 64.7 85.2 77.8 91.4 89.4 93.5 92.0 96.4 92.7 100.0 100.0 103.7 105.2 105.5 116.7 110.8 115.9 99.6 105.7 91.5 115.7 88.9 119.9 94.4 124.5 -8.1 9.5 -2.9 3.6 6.2 3.8 . . 3364-9 103.3 99.6 121.4 101.1 90.7 86.2 89.6 100.0 115.9 111.8 98.2 104.4 98.2 96.0 99.9 -5.9 -2.3 4.0 65.8 53.4 70.3 76.2 61.4 76.9 82.0 79.0 88.1 85.2 88.8 91.3 88.0 89.6 94.5 89.6 92.8 96.2 90.3 97.5 96.4 100.0 100.0 100.0 107.1 105.9 101.5 110.6 108.2 102.2 112.4 114.1 102.8 105.2 112.6 99.4 109.7 119.1 99.6 103.7 117.2 98.1 108.9 121.3 100.1 4.3 5.8 0.2 -5.5 -1.6 -1.5 5.0 3.5 2.1 77.1 76.1 109.7 74.4 56.9 84.0 77.2 106.8 81.4 76.3 91.2 85.9 98.4 92.0 92.6 92.8 92.8 102.4 95.5 94.9 96.0 97.9 103.6 99.7 95.9 98.7 96.9 102.8 101.1 97.3 97.9 94.7 100.4 98.0 98.0 100.0 100.0 100.0 100.0 100.0 103.0 99.2 94.3 100.8 101.2 101.2 99.0 90.2 101.6 102.0 102.6 97.1 86.1 99.4 102.7 102.4 87.1 73.2 93.8 96.4 100.9 85.8 61.2 94.1 91.1 101.0 78.5 52.6 93.4 87.3 104.2 -1.4 0.1 75.9 -1.4 -8.5 49.5 -16.3 -14.1 94.8 0.4 -0.7 87.8 -5.5 -4.1 3.2 -3.4 -5.9 1.5 0.6 92.2 65.4 86.0 69.8 91.5 86.7 90.4 88.8 92.9 91.1 94.5 92.5 96.8 94.4 100.0 100.0 98.1 101.7 102.2 103.7 102.1 105.3 101.4 103.4 105.9 107.9 106.0 107.2 109.7 110.3 . . (X) . . 321 . . . . . . . . . . 337 . . 339 . . (X) . . . . . . . . . . 311,2 313,4 315,6 322 323 . . 324 . . 325 . . 326 1133, . . 5111 . . 21 . . 2211,2 . . 2211 . . 2212 4.4 4.4 0.2 -0.6 3.5 2.8 41.4 56.3 72.0 82.1 88.9 91.2 94.2 100.0 103.6 109.0 110.2 103.8 105.5 102.6 104.0 1.7 -2.8 1.4 82.0 106.7 69.1 94.8 102.9 74.0 99.1 99.0 86.8 93.8 94.6 92.0 93.1 96.8 93.9 93.0 96.7 97.2 92.3 98.3 100.0 100.0 100.0 100.0 106.5 98.5 102.6 109.9 93.6 105.5 112.2 95.8 108.6 105.7 96.7 108.1 100.5 92.6 111.4 99.5 92.2 111.9 103.4 91.4 115.0 -5.0 -4.2 3.1 -0.9 -0.4 0.4 3.9 -0.9 2.8 72.6 81.4 86.9 86.0 91.7 94.2 93.7 94.9 97.1 97.3 99.6 102.0 100.0 100.0 104.1 93.5 107.1 96.2 110.2 99.0 109.9 97.6 113.4 100.3 113.7 100.9 117.6 98.1 3.2 2.7 0.3 0.6 3.4 -2.7 64.3 93.0 - Represents or rounds to zero. X Not applicable. have traditionally been considered to be manufacturing. 1 Standard Industrial Classification (SIC); see text, this section. 2 Those industries—logging and newspaper, periodical, book, and directory publishing— that 525 Source: Board of Governors of the Federal Reserve System, Statistical Supplement to the Federal Reserve Bulletin, monthly; and Industrial Production and Capacity Utilization, Statistical Release G.17, monthly. Table 764. Index of Industrial Capacity: 1980 to 2004 [1997 output = 100. Annual figures are averages of monthly data. Capacity represents estimated quantity of output relative to output in 1997 which the current stock of plant and equipment was capable of producing] Relation of output to capacity (percent) Index of capacity Stage of process Year Total industry Manufacturing 1980 1985 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77.4 85.7 93.9 95.7 97.6 99.6 102.2 106.8 112.7 119.4 127.7 134.6 140.7 145.3 147.4 146.9 148.0 Total industry 74.0 83.0 92.0 93.9 96.0 98.3 101.3 106.5 113.2 120.8 130.4 138.4 145.6 150.9 152.2 151.8 152.9 1 Primary and semifinished 2 89.2 83.3 89.1 86.1 85.7 85.4 87.3 88.3 88.0 89.3 86.6 86.4 87.8 85.3 83.4 84.7 85.6 78.9 80.2 82.3 79.4 80.9 83.1 86.3 86.4 85.2 85.7 84.3 84.6 84.7 78.0 77.6 77.3 79.8 Crude 80.9 79.5 82.4 79.6 80.3 81.3 83.5 83.7 82.7 83.7 82.9 82.2 82.0 76.6 75.3 75.5 78.1 3 Manufacturing 79.6 77.2 80.5 78.1 78.3 78.2 79.2 79.2 78.3 80.1 80.4 78.4 77.5 73.0 71.1 71.5 74.6 78.8 78.5 81.6 78.3 79.4 80.3 82.6 82.8 81.4 82.8 81.8 81.1 80.6 74.5 73.5 73.7 76.7 Finished 1 Crude processing, covers a relatively small portion of total industrial capacity and consists of logging (NAICS 1133), much of mining (excluding stone, sand, and gravel mining, and oil and gas drilling, which are NAICS 21231, 21221-2, and 213111) and some basic manufacturing industries, including basic chemicals (NAICS 3251); fertilizers, pesticides, and other agricultural chemicals (NAICS 32531,2); pulp, paper, and paperboard mills (NAICS 3221); and alumina, aluminum, and other nonferrous production and processing mills (NAICS 3313,4). 2 Primary and semifinished processing loosely corresponds to the previously published aggregate, primary processing. Includes utilities and portions of several 2-digit SIC industries included in the former advanced processing group. These include printing and related support activities (NAICS 3231); paints and adhesives (NAICS 3255); and newspaper, periodical, book, and directory publishers (NAICS 5111). 3 Finished processing generally corresponds to the previously published aggregate, advanced processing. Includes oil and gas well drilling and carpet and rug mills. Source: Board of Governors of the Federal Reserve System, Industrial Production and Capacity Utilization, Statistical Release G.17, monthly. (Based on data from Federal Reserve Board, U.S. Dept. of Commerce, U.S. Bureau of Labor Statistics, and McGraw-Hill Information Systems Company, New York, NY; and other sources.) Table 765. Manufacturing and Trade—Sales and Inventories: 1992 to 2004 [In billions of dollars (541 represents $541,000,000,000), except ratios. Based on North American Industry Classification System (NAICS) 1997; see text, this section] Sales, average monthly . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Inventories Total Manufacturing Retail trade Merchant wholesalers 541 568 611 655 688 724 743 787 834 819 821 852 941 242 252 270 290 300 320 325 336 351 331 324 333 369 150 161 175 184 196 205 214 233 249 256 262 273 293 149 155 166 181 192 200 203 217 235 232 235 246 278 Year 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 1 2 Inventory-sales ratios Total Manufacturing Retail trade Merchant wholesalers 837 864 927 986 1,005 1,046 1,078 1,139 1,198 1,145 1,163 1,180 1,271 379 380 400 425 431 444 449 464 481 452 444 439 471 259 277 303 320 331 341 355 384 406 395 419 435 460 199 207 224 240 243 261 274 291 310 297 301 307 340 1 Averages of monthly not-seasonally-adjusted figures. seasonally-adjusted monthly ratios. 2 3 Total Manufacturing Retail trade Merchant wholesalers 1.52 1.50 1.46 1.48 1.46 1.42 1.43 1.40 1.41 1.44 1.40 1.38 1.31 1.57 1.51 1.44 1.44 1.43 1.37 1.39 1.35 1.35 1.42 1.37 1.33 1.24 1.67 1.67 1.66 1.71 1.66 1.64 1.62 1.59 1.59 1.58 1.55 1.57 1.54 1.31 1.30 1.29 1.30 1.27 1.26 1.32 1.30 1.29 1.32 1.26 1.23 1.17 Seasonally-adjusted end-of-year data. 3 Averages of Source: U.S. Council of Economic Advisors, Economic Indicators, March 2005. 526 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 766. Corporate Profits, Taxes, and Dividends: 1990 to 2004 [In billions of dollars (438 represents $438,000,000,000). Covers corporations organized for profit and other entities treated as corporations. Represents profits to U.S. residents, without deduction of depletion charges and exclusive of capital gains and losses; intercorporate dividends from profits of domestic corporations are eliminated; net receipts of dividends, reinvested earnings of incorporated foreign affiliates, and earnings of unincorporated foreign affiliates are added. CCA = capital consumption adjustment] Item Corporate profits with IVA and CCA . . . . . . Taxes on corporate income . . . . . . . . . . Profits after tax with IVA and CCA . . . . . Net dividends . . . . . . . . . . . . . . . . . Undistributed profits with IVA and CCA. Cash flow: Net cash flow with IVA and CCA . . . . . . Undistributed profits with IVA and CCA. Consumption of fixed capital . . . . . . . Less: Inventory valuation adjustment (IVA) . . . . . . . . . . . . . . . . . . . . . . . . Equals: Net cash flow. . . . . . . . . . . . . . 1990 1995 2000 2001 2002 2003 2004 . . . . . 438 145 292 169 123 697 219 478 254 224 818 265 553 378 175 767 204 563 371 192 875 184 691 390 301 1,021 235 786 395 391 1,182 269 912 444 469 .. .. .. 491 123 368 711 224 487 865 175 690 945 192 753 1,059 301 758 1,173 391 783 1,265 469 796 .. .. -13 504 -18 729 -14 879 11 934 -1 1,060 -14 1,188 -43 1,308 . . . . . Source: U.S. Bureau of Economic Analysis, National Income and Product Accounts, Volume 1, 1929−2000, and Survey of Current Business, monthly. See also <http://www.bea.gov/bea/dn/nipaweb/selecttable.asp>. Table 767. Corporate Profits Before Taxes by Industry: 1999 to 2003 [In millions of dollars (775,876 represents $775,876,000,000). Profits are without inventory valuation and capital consumption adjustments. Minus sign (-) indicates loss. See headnote, Table 766] NAICS code 1 Industry Corporate profits before tax . . . . . . . . . . Domestic industries . . . . . . . . . . . . . . . . . . . . Agriculture, forestry, fishing, and hunting . . . . . Mining. . . . . . . . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . Construction . . . . . . . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing . . . . . . . . . . Information . . . . . . . . . . . . . . . . . . . . . . . . Finance and insurance. . . . . . . . . . . . . . . . . Real estate and rental and leasing . . . . . . . . . Professional, scientific, and technical services . Management of companies and enterprises 2 . . Admin/support waste mgt/remediation services. Educational services . . . . . . . . . . . . . . . . . . Health care and social assistance . . . . . . . . . Arts, entertainment, and recreation. . . . . . . . . Accommodation and food services . . . . . . . . . Other services, except public administration. . . Rest of the world 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (X) (X) 11 21 221 23 31-33 42 44-45 48-49 51 52 53 54 551111,551112 56 61 62 71 72 81 (X) 1999 2000 2001 2002 2003 775,876 654,363 1,934 3,509 33,237 41,051 148,151 55,080 66,267 16,482 10,214 126,704 9,807 20,686 67,550 9,438 1,588 20,550 2,738 11,737 7,640 121,513 773,398 627,695 1,621 14,733 24,896 41,867 153,317 61,693 61,297 15,164 -17,748 113,371 9,407 1,416 86,801 8,534 1,885 24,913 2,170 13,934 8,424 145,703 707,909 538,212 1,322 15,504 24,121 43,949 47,645 48,160 69,939 804 -26,071 125,861 9,898 8,991 101,707 9,972 1,911 31,616 2,912 11,248 8,723 169,697 758,026 600,246 440 4,427 11,695 40,643 49,279 53,763 77,510 -1,014 -11,893 157,288 9,490 16,445 118,893 9,820 2,360 38,009 3,366 12,634 7,091 157,780 874,465 697,553 325 16,320 18,962 40,867 75,478 52,740 77,949 10,633 -1,376 179,616 11,023 19,369 120,230 9,837 2,398 41,468 2,925 11,651 7,138 176,912 X Not applicable. 1 Based on North American Industry Classification System, 1997; see text, this section. 2 Consists of bank and other holding companies. 3 Consists of receipts by all U.S. residents, including both corporations and persons, of dividends from foreign corporations, and, for U.S. corporations, their share of reinvested earnings of their incorporated foreign affiliates, and earnings of unincorporated foreign affiliates, net of corresponding payments. Source: U.S. Bureau of Economic Analysis, National Income and Product Accounts, Volume 1, 1929−2000, and Survey of Current Business, August 2004. See also <http://www.bea.gov/bea/dn/nipaweb/selecttable.asp>. Table 768. Corporate Profits With Inventory Valuation and Capital Consumption Adjustments—Financial and Nonfinancial Industries: 1999 to 2004 [In billions of dollars (851 represents $851,000,000,000). Based on the North American Industry Classification System 1997; see text, this section. Minus sign (-) indicates loss. See headnote, Table 766] Item Corporate profits with IVA/CCA 1 . Domestic industries . . . . . . . . . . . . . . Rest of the world . . . . . . . . . . . . . . . . Corporate profits with IVA 1 . . . . Domestic industries . . . . . . . . . . . . . . Financial 2 . . . . . . . . . . . . . . . . . . . Nonfinancial . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . Manufacturing . . . . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . Transportation and warehousing. . . Information . . . . . . . . . . . . . . . . . Other nonfinancial 3 . . . . . . . . . . . Rest of the world . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1999 2000 2001 2002 2003 2004 851 730 122 777 655 194 461 33 151 56 65 16 11 130 122 818 672 146 759 614 200 413 24 144 60 60 15 -18 128 146 767 598 170 719 550 228 322 25 53 52 71 1 -26 146 170 875 717 158 757 599 276 323 11 51 51 78 -1 -11 144 158 1,021 844 177 860 683 300 384 19 67 48 78 11 -1 162 177 1,182 990 192 942 750 294 456 23 106 55 72 10 10 181 192 1 Inventory valuation adjustment and capital consumption adjustment. 2 Consists of finance and insurance and bank and other holding companies. 3 Consists of agriculture, forestry, fishing, and hunting; mining; construction; real estate and rental and leasing; professional, scientific, and technical services; administrative and waste management services; educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services, except government. Source: U.S. Bureau of Economic Analysis, National Income and Product Accounts, Volume 1, 1929−2000, and Survey of Current Business, monthly. See also <http://www.bea.gov/bea/dn/nipaweb/selecttable.asp>. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 527 Table 769. Manufacturing, Mining, and Trade Corporations—Profits and Stockholders’ Equity by Industry: 2003 and 2004 [Averages of quarterly figures at annual rates. Manufacturing data exclude estimates for corporations with less than $250,000 in assets at time of sample selection. Based on sample; see source for discussion of methodology. Based on North American Industry Classification System (NAICS), 1997; see text, this section. Minus sign (-) indicates loss] NAICS code Industry Manufacturing. . . . . . . . . . . . . . . . . . . . Nondurable manufacturing . . . . . . . . . . . . . . . . . Food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beverage and tobacco products . . . . . . . . . . . . Textile mills and textile product mills . . . . . . . . . Apparel and leather products . . . . . . . . . . . . . . Paper . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Printing and related support activities . . . . . . . . Petroleum and coal products . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . . . . . . . . . Plastics and rubber products . . . . . . . . . . . . . . Durable manufacturing. . . . . . . . . . . . . . . . . . . . Wood products . . . . . . . . . . . . . . . . . . . . . . . Nonmetallic mineral products . . . . . . . . . . . . . . Primary metals . . . . . . . . . . . . . . . . . . . . . . . Fabricated metal products . . . . . . . . . . . . . . . . Machinery . . . . . . . . . . . . . . . . . . . . . . . . . . Computer and electronic products . . . . . . . . . . Electrical equipment, appliances, & components . Transportation equipment . . . . . . . . . . . . . . . . Furniture and related products . . . . . . . . . . . . . Miscellaneous manufacturing . . . . . . . . . . . . . . All mining . . . . . . . . . . . . . . . . . . . . . . All wholesale trade . . . . . . . . . . . . . . . . Durable goods . . . . . . . . . . . . . . . . . . . . . . . . . Nondurable goods . . . . . . . . . . . . . . . . . . . . . . All retail trade . . . . . . . . . . . . . . . . . . . . Food and beverage stores . . . . . . . . . . . . . . . . . Clothing and general merchandise stores . . . . . . . All other retail trade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31-33 (X) 311 312 313, 314 315, 316 322 323 324 325 326 (X) 321 327 331 332 333 334 335 336 337 339 21 42 421 422 44-45 445 448, 452 (X) Ratio of profits after taxes to stockholders’ equity (percent) Profits after taxes per dollar of sales (cents) Ratio of stockholders’ equity to debt 2003 2004 2003 2004 2003 2004 12.1 16.4 16.5 24.7 7.2 24.2 4.2 15.1 17.1 16.9 7.2 8.4 12.7 5.0 -2.1 8.7 5.5 4.9 18.0 12.2 10.8 15.2 9.8 9.3 7.7 11.7 15.8 9.8 17.6 15.6 15.7 19.4 18.4 28.0 5.4 20.9 8.2 22.2 26.2 15.5 14.0 12.7 23.1 -3.8 22.0 17.6 12.1 10.3 16.8 13.4 11.7 15.1 14.3 14.7 13.1 17.3 16.6 11.4 17.1 17.9 5.4 7.1 4.4 12.3 2.1 7.7 1.7 2.9 7.3 10.7 1.9 3.9 3.2 1.8 -0.7 3.0 2.6 4.3 11.1 2.7 3.1 8.5 12.0 1.4 1.5 1.4 3.0 1.2 3.9 3.0 7.0 8.0 5.0 16.1 1.5 6.7 3.1 3.8 9.3 10.3 3.0 6.1 5.8 -1.3 6.9 5.8 5.2 9.2 11.8 3.4 3.3 9.4 17.2 2.2 2.5 1.9 3.2 1.4 3.9 3.4 1.5 1.3 1.0 0.8 1.1 1.6 0.7 0.8 2.6 1.4 0.8 1.8 1.1 1.0 1.0 1.3 1.5 3.2 2.7 1.1 1.6 1.6 1.7 1.5 1.5 1.3 1.4 0.8 1.4 1.8 1.7 1.4 1.0 1.0 1.3 2.0 0.8 0.7 2.5 1.5 0.7 2.1 1.4 1.1 1.3 1.4 1.7 4.0 3.5 1.3 1.8 1.9 1.9 1.6 1.8 1.4 1.4 0.9 1.4 2.0 X Not applicable. Source: U.S. Census Bureau, Quarterly Financial Report for Manufacturing, Mining, and Trade Corporations. Table 770. Value Added, Employment, and Capital Expenditures of Nonbank U.S. Multinational Companies: 1990 to 2002 [Value added and capital expenditures in billions of dollars (1,717 represents $1,717,000,000,000); employees in thousands. See headnote, table 771. MNC = Multinational company. MOFA = Majority-owned foreign affiliate. Minus sign (-) indicates decrease] Percent change at annual rates Item 1990 1994 1995 1999 1 2000 1 2001 1 2002 1 19942001 20012002 VALUE ADDED MNCs worldwide: Parents and all affiliates . Parents and MOFAs . . . Parents . . . . . . . . . . . . . Affiliates, total . . . . . . . . . MOFAs . . . . . . . . . . . . Other . . . . . . . . . . . . . EMPLOYEES . . . . . . . . . . . . (NA) (NA) (NA) (NA) 356 (NA) (NA) 1,717 1,314 (NA) 404 (NA) (NA) 1,831 1,365 (NA) 466 (NA) (NA) 2,481 1,914 (NA) 566 (NA) (NA) 2,748 2,141 (NA) 607 (NA) (NA) 2,478 1,892 (NA) 586 (NA) (NA) 2,469 1,857 (NA) 611 (NA) (NA) 5.3 5.2 (NA) 5.3 (NA) (NA) -0.4 -1.9 (NA) 4.4 (NA) MNCs worldwide: Parents and all affiliates . Parents and MOFAs . . . Parents . . . . . . . . . . . . . Affiliates, total . . . . . . . . . MOFAs . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . . . . . . 25,264 23,786 18,430 6,834 5,356 1,478 25,670 24,273 18,565 7,105 5,707 1,398 25,921 24,500 18,576 7,345 5,924 1,421 32,227 30,773 23,007 9,220 7,766 1,454 33,598 32,057 23,885 9,713 8,171 1,542 32,539 30,929 22,735 9,804 8,194 1,610 32,109 30,597 22,413 9,696 8,184 1,512 3.4 3.5 2.9 4.6 5.2 2.0 -1.3 -1.1 -1.4 -1.1 -0.1 -6.1 CAPITAL EXPENDITURES MNCs worldwide: Parents and all affiliates . . Parents and MOFAs . . . . Parents . . . . . . . . . . . . . . Affiliates, total . . . . . . . . . . MOFAs . . . . . . . . . . . . . Other . . . . . . . . . . . . . . . . . . . . (NA) 275 213 (NA) 62 (NA) 328 303 232 96 71 25 (NA) 324 248 (NA) 76 (NA) 514 483 370 144 113 31 (NA) 507 396 (NA) 111 (NA) (NA) 524 413 (NA) 111 (NA) (NA) 454 341 (NA) 113 (NA) (NA) 8.0 8.4 (NA) 6.3 (NA) (NA) -13.3 -17.5 (NA) 2.2 (NA) NA Not available. 1 Data for 1999 through 2002 are not strictly comparable with data prior to 1999; see source. Source: U.S. Bureau of Economic Analysis, Survey of Current Business, July 2004. 528 Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 Table 771. U.S. Multinational Companies—Selected Characteristics: 2002 [Preliminary. In billions of dollars (14,647 represents $14,647,000,000,000), except as indicated. Consists of nonbank U.S. parent companies and their nonbank foreign affiliates. U.S. parent comprises the domestic operations of a multinational and is a U.S. person that owns or controls directly or indirectly, 10 percent or more of the voting securities of an incorporated foreign business enterprise, or an equivalent interest in an unincorporated foreign business enterprise. A U.S. person can be an incorporated business enterprise. A majority-owned foreign affiliate (MOFA) is a foreign business enterprise in which a U.S. parent company owns or controls more than 50 percent of the voting securities] U.S. parents Industry NAICS code 1 All industries . . . . . . . . . . . . . . Mining . . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . . Manufacturing 2 . . . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . Transportation equipment . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . . Information 2 . . . . . . . . . . . . . . . . . . Broadcasting & telecommunications . Finance (except depository institutions) and insurance . . . . . . . . . . . . . . . . Professional, scientific, and technical services . . . . . . . . . . . . . . . . . . . . Other industries 2 . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . Transportation and warehousing . . . Admin/support waste management /remediation services . . . . . . . . . . . . . . . . . . . . . . . . . . . . (X) 21 22 31-33 325 336 42 51 513 52 exc. . . 521, 522 . . . . . . . . 54 (X) 44-45 48-49 MOFAs Capital Total expendiassets tures Value added 14,647 166 692 4,294 698 1,107 398 1,274 865 341.2 12.7 34.8 137.0 19.7 30.1 18.3 56.0 46.3 1,857 24 80 829 147 147 88 227 148 22,413 127 373 8,374 986 1,738 911 1,877 1,154 6,524 20.4 140 1,388 7.7 24 311 242 1,057 396 193 8.6 53.3 27.1 9.2 99 370 162 73 976 8,388 3,971 985 2.4 12.9 3.0 1.3 31 57 22 7 414 1,801 556 137 60 2.3 33 990 0.4 10 455 . . 56 EmployCapital ment expendi(1,000) tures Value added Employment (1,000) 611 58 8 317 68 45 94 23 5 8,184 149 71 4,318 600 889 776 345 99 113.2 29.2 3.8 45.4 10.1 10.9 6.0 5.8 4.1 X Not applicable. 1 Represents North American Industry Classification System 1997 based industry of U.S. parent or industry of foreign affiliate. 2 Includes other industries not shown separately. Source: U.S. Bureau of Economic Analysis, Survey of Current Business, July 2004. Table 772. U.S. Multinational Companies—Value Added: 2000 and 2002 [In billions of dollars (2,748.1 represents $2,748,100,000,000). See headnote, Table 771. Data are by industry of U.S. parent. Based on the North American Industry Classification System, 1997 (NAICS); see text this section] NAICS code Industry All industries . . . . . . . . . . . . . . . . . . Mining . . . . . . . . . . . . . . . . . . . . . . . . . . Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . Manufacturing 1 . . . . . . . . . . . . . . . . . . . . Chemicals . . . . . . . . . . . . . . . . . . . . . . Transportation equipment . . . . . . . . . . . . Wholesale trade . . . . . . . . . . . . . . . . . . . . Information 1 . . . . . . . . . . . . . . . . . . . . . . Broadcasting & telecommunications . . . . . Finance (except depository institutions) and insurance . . . . . . . . . . . . . . . . . . . . Professional, scientific, and technical services Other industries 1 . . . . . . . . . . . . . . . . . . . Retail trade . . . . . . . . . . . . . . . . . . . . . Transportation and warehousing. . . . . . . . Admin/support waste mgt/remediation services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (X) 21 22 31-33 325 336 42 51 513 52 exc. 521, 522 54 (X) 44-45 48-49 U.S. multinationals Majority-owned foreign affiliates U.S. parents 2000 2002 2000 2002 2000 2002 2,748.1 39.0 85.7 1,410.5 212.0 270.8 132.7 324.7 226.3 2,468.8 37.4 86.9 1,247.0 227.9 199.9 113.8 250.1 152.8 2,141.5 27.7 80.5 995.1 141.3 208.6 99.0 302.3 218.3 1,857.4 24.1 80.0 829.1 146.9 147.3 88.1 227.2 147.6 606.6 11.3 5.1 415.3 70.7 62.2 33.8 22.4 8.0 611.5 13.3 6.9 417.9 81.0 52.6 25.7 22.9 5.2 181.1 141.4 433.0 166.2 90.8 167.8 137.8 428.0 184.7 79.3 156.7 100.7 379.5 148.7 85.3 139.8 98.7 370.3 162.3 73.5 24.4 40.8 53.5 17.5 5.5 28.0 39.2 57.7 22.4 5.8 56.3 42.8 44.6 33.4 11.7 9.4 . . . 56 X Not applicable. 1 Includes other industries not shown separately. Source: U.S. Bureau of Economic Analysis, Survey of Current Business, November 2003 and July 2004. Table 773. U.S. Multinational Companies—Value Added by Industry of Affiliate and Country: 2002 [In millions of dollars (611,456 represents $611,456,000,000. See headnote, Table 771. Numbers in parentheses represent North American Industry Classification System 1997 codes, see text, this section] Manufacturing (31-33) Country 2 All countries United Kingdom . Canada . . . . . . Germany . . . . . France . . . . . . . Japan . . . . . . . Ireland . . . . . . . Mexico . . . . . . . Italy . . . . . . . . . Netherlands . . . Australia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . All industries 1 Mining (21) 611,456 105,056 71,139 60,738 35,864 34,606 23,511 22,233 21,665 21,406 19,511 58,175 8,039 8,135 814 24 7 2 99 13 1,211 2,669 1 Chemicals (325) Transportation equipment (336) 316,621 43,450 40,723 35,196 19,693 16,763 19,713 16,734 15,919 11,857 7,538 67,808 6,408 5,032 4,758 5,275 3,746 12,738 3,499 3,217 3,334 1,217 45,316 4,232 10,693 9,667 2,154 463 94 5,478 918 1,067 1,360 Total Professional, scientific, Wholesale and technical trade (42) services (54) 94,447 14,461 5,524 15,613 5,757 5,921 1,824 955 3,358 4,353 3,308 30,962 9,224 1,202 2,772 1,411 4,666 340 368 736 839 1,839 1 Includes other industries not shown separately. 2 Includes other countries not shown separately. Source: U.S. Bureau of Economic Analysis, Survey of Current Business, July 2004. Business Enterprise U.S. Census Bureau, Statistical Abstract of the United States: 2006 529