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2012 Economic Census Reference Webinar Series An Introduction to the 2012 Economic Census. Webinar # 1 of 4 January 29 th , 2014 Andrew W. Hait Data Product & Data User Liaison U.S. Census Bureau. Outline.
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2012 Economic Census Reference Webinar SeriesAn Introduction to the 2012 Economic Census Webinar # 1 of 4 January 29th, 2014 Andrew W. Hait Data Product & Data User Liaison U.S. Census Bureau
Outline • What is the Relationship Between the Economic Census and Other Census Bureau Economic Programs? • What Businesses are Covered by the Economic Census? • How was the Economic Census Data Collected? • What Will Be Published for the Economic Census and When and Where Will it be Released? • How Can I Use the Data from the Economic Census? • Preview of Webinars 2 thru 4
Census Economic Programs Timeliness Detail Shown • Monthly Economic Indicators • Current Economic Programs • Economic Census • Economic Census of Island Areas (ECIA) • Survey of Business Owners (SBO) • Commodity Flow Survey (CFS) • Census of Governments
Economic Indicators • Sample surveys • Provide a monthly snapshot of the U.S. economy • Primarily national-level • More aggregated industries • Selected keystatistics
Other Current Economic Programs • Sample surveys • Administrative data (CBP and NS) • Provide more detailed quarterly and annual snapshots of the U.S. economy • National, state and selected local area (county) data • More detailed industries • Additional statistics • Foreign Trade data
The Economic Census – Industries and Products • Provides the most detailed portrait of employerbusinesses in the U.S. • Covers the most detailedindustry dataavailable • Comparability info provided • Includes information on over 15,000 detailed products
The Economic Census – Geographies and Other Data Retail Sales in Bergan County, NJ Places: 2007 • Information is shown down to the localcity or town level • Detailed breakouts by business size, franchise status, etc.
The Economic Census – Where We Are Today… • Collection Began in Dec. 2012 • Electronic Response Options • Paper Forms • Responses Due Feb. 12, 2013 • Extensions Granted Thru Aug. 2013 • Overall Response Rate: 84% • Reviewing data for publication
The Economic Census Data • Advance Report – Mar. 27th 2014 • Selected preliminary statistics at national level by sector and subsector • Industry Series – May 2014 thru Feb. 2015 • Detailed statistics (including products data) at national level by industry • Geographic Area Series – Feb. 2015 thru Dec. 2015 • Detailed statistics at state thru local area levels by industry
The Economic Census Data (cont.) • Subject and Summary Series – Feb. 2015 thru Jun. 2016 • Detailed statistics (including products data, business size, and other misc. topics) primarily at national level by industry • ZIP Code Statistics – Jul. 2016 • Business counts by ZIP Code by industry for selected sectors Visit business.census.gov for detailed schedule, descriptions, and related info
Related Economic Census Data • Economic Census of Island Areas – Apr. 2014 thru Sept. 2015 • Detailed statistics for CNMI, Guam, AS, USVI, and PR • Survey of Business Owners – Jun. 2015 thru Dec. 2015 • Detailed business statistics by race, ethnicity, gender, and veteran status of the business owner
Where Can I Access this Census Bureau Economic Data? • AFF • Individual Program pages • ISP
How Can I Use the Data from the Economic Census… • Provide a suite of comprehensive, consistent, and reliableinformation that existing businesses can use to: • measure their performance against industry averages • identify expansion opportunities
What About Local Groups… • Provide information that chambers of commerce and other local business organizations can use to: • understand their economy • attract new businesses to their areas
Anything for Entrepreneurs? • Provide critical information that entrepreneurs need for new businesses in • business plans • loan applications
Webinar Series - What’s Next… • #2: What’s New for the 2012 Economic Census (Industries) – Wed. Feb 12th, 2pm • Emerging industries, industry consolidations / refinements • #3: What’s New for the 2012 Economic Census (Geographies) – Wed. Feb 26th, 2pm • New counties and metros, more small places, more sectors with local data, other changes • #4: What Else Is New for the 2012 Economic Census – Wed. Mar 12th, 2pm • New business.census.gov site (incorporating the Industry Statistics Portal), product updates, new Enterprise Statistics report
Any other Questions:Andrew.W.Hait@census.gov(301)763-6747Thank You!