2012 Economic Census Update
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1 2012 Economic Census Update 2014 NJ SDC Annual Network Meeting June 18, 2014 Andy Hait U.S. Census Bureau 1
2 Outline Census Economic Programs Primer Our New business.census.gov Site What s Been Released So Far What s Coming Up (Industry Series, etc.) Other New Offerings 2
3 Census Economic Data Monthly and Quarterly Data Leading Economic Indicators, like Monthly Retail Sales Annual Data Annual Survey of Manufactures The Economic Census and Related Programs
4 Key Economic Census Terms NAICS (North American Industry Classification System) Our primary data dimension Establishments (vs. Companies, Firms, etc.) Our collection/tabulation level Employers (vs. Nonemployers) EC only covers employer businesses U.S. Code Title 13 and 26 Protects business privacy
5 Business.Census.Gov 5
6 Main Page 6
7 Release Schedule 7
8 Advance Report National level data at 2 and 3 digit NAICS Released on March 26 th,
9 Industry Series $313 $845 $403 Broad Beauty Salon Product Line Receipts: 2007 ($ Millions) $303 $575 Hair care services Resale of merchandise Started in May 2014 National level data only, but More detailed NAICS Products data NAICS Changes Other $572 4% Perms $642 4% Hair styling $1,460 10% $956 $1,100 $14,747 Detailed Beauty Salon Product Line Receipts: 2007 ($ Millions) Hair coloring & tinting $3,723 25% Hair cuts $8,350 57% Skin care services Nail care services Massage services Rental of non residential space Hair removal services Receipts for all other services 9
10 New Industries for the 2012 Economic Census New and emerging industries Breakout of solar, wind, geothermal, and biomass electric power generation from All Other Electric Power Generation (NAICS ) Stats: Number of businesses: 673 in 2011 with 9,058 employees (435 in 2007) CA: 106, TX: 53, MN: 50 NJ: 18 10
11 Industry Changes for the 2012 Economic Census Consolidations due to decrease in number of companies due to: General industry decline Company consolidation (mergers and acquisitions) Primarily impacts the manufacturing sector (178 industries) Stats: Steel mills (880 in 2007, 570 in 2011) Machine tools (579 to 626 (cutting type) and 292 to 312 (forming type) 11
12 Other Industry Changes Changes to (and consolidation of ) existing industries due to market change Primarily impact the Retail and A&F sectors Stats Computer Stores: 12,411 in 2007, 10,292 in 2011 Camera Stores: 2,049 to 1,115 Music Stores: 4,496 to 2,379 12
13 What s New Page 13
14 Where Else Can I Go for More Information? NAICS web site ( Industry definitions and Concordance tables Relationships to other systems Federal Register Notices 14
15 A new home for the ISP Finding Data Page and the Snapshots 15
16 Industry Statistics Portal Industry Statistics Portal (ISP) ( All data sources for an industry Links to AFF Industry definitions & comparability back to
17 Release Schedule Geographic Area Series 17
18 Geographic Area Series Scheduled to start in February 2015 National, state county, metro area, and place level data Full NAICS detail LOTS of Changes Coming 18
19 New Places 2007 EC cutoff: 5,000+ pop or jobs 2012 EC cutoff: 2,500+ pop or jobs Results in nearly 5,000 new places published for in NJ (496 total) 19
20 Place Changes Adds / Drops Boundary Changes New Incorporations / Unincorporations 20
21 New Metros 2007: metro areas as of Dec : metros after 2010 Decennial 156 new or changed metros In NJ, both 2007 CSAs changed 21
22 More Sectors 22
23 Other Geographic Changes No pub cutoffs 6 New Counties in AK Planning Areas in PR Geographic Components Offshore Areas Statewide Areas Non Metro Areas 23
24 Help Center Page 2012 EC Geo Reference info 24
25 Reference Maps 25
26 Help Center Page (cont.) Comprehensive descriptions 26
27 Finding Data Page (cont.) The B&I page updated 27
28 Uses of Census Data Page Help us identify reallife examples 28
29 Organizations Page 29
30 Other Economic Data Tools QuickFacts Data from CBP, Nonemployers, SBO, EC, & Building Permits (and more coming soon) Interactive Map Data from CBP and Pop Estimates America s Economy Mobile App Data from the Economic Indicators Business Plan Builder coming soon 30
31 Summary Our new business.census.gov site has a lot of useful materials for you and your users Just a trickle of data has been released so far Lots more coming (Industry Series, etc.) Stay tuned for other new offerings Visit business.census.gov and promote use of Census demo & econ data 31
32 Questions 32
33 Any other Questions: (301) Thank You! 33
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