The Economic Census is the U.S. Government’s official five-year measure of American business and the economy. It is conducted by the U.S. Census Bureau, and response is required by law. As part of the U.S.Census Bureau’s mission to measure America’s economy, the last Economic Census was conducted for the year ending December 2012.
The economic census results are based on a complete enumeration of all known employer establishments in some sectors and a sample of establishments in sectors like Health Care and Social Assistance (includes only establishments of firms with payroll). Economy Wide Key Statistics compiles four key statistics for every industry and geographic area: number of establishments, sales and receipts, annual payroll, and number of employees.
The Health Care and Social Assistance industry sector comprises establishments providing health care and social assistance for individuals. The sector includes both health care and social assistance because it is sometimes difficult to distinguish between the boundaries of these two activities. The industries in this sector are arranged on a continuum starting with those establishments providing medical care exclusively, continuing with those providing health care and social assistance, and finally finishing with those providing only social assistance. The services provided by establishments in this sector are delivered by trained professionals. All industries in the sector share this commonality of process, namely, labor inputs of health practitioners or social workers with the requisite expertise. Many of the industries in the sector are defined based on the educational degree held by the practitioners included in the industry. Excluded from this sector are aerobic classes in Sub-sector 713, Amusement, Gambling and Recreation Industries and non-medical diet and weight reducing centers in Sub-sector 812, Personal and Laundry Services. Although these can be viewed as health services, these services are not typically delivered by health practitioners.
The values of the following economic measures receipts/revenue, operating expenses (OPEX) and annual payroll are divided by 1,000.
The pay period is the standard period chosen to assess employment related indicators. The purpose of the employment survey is to measure the number of public employees and their payrolls at a point in time (i.e., March) according to a detailed cross-classification by function and type of employee (full- or part-time). Beginning with the 1997 survey, the reference period was modified from October to March. Because of this, at present, data are collected for the one pay period that includes March 12 (regardless of the period’s length).
Receipts/revenue is the dollar volume measure for service establishments of firms subject to federal income tax and is based on gross receipts from customers or clients for services provided, from the use of facilities, and from merchandise sold in the census year, whether or not payment was received in the census year. For service establishments operating on a commission basis, receipts can include commissions, fees, and other operating income, but not gross billings and sales. Receipts/revenue does not include sales and other taxes collected directly from customers or clients and paid directly to a local, state, or federal tax agency, gross receipts of departments or concessions operated by others and amounts transferred to operating funds from capital or reserve funds.
The operating expenses (OPEX) include: payroll, employee benefits, interest, rent, payroll taxes, cost of supplies used for operation, depreciation expenses, fund-raising expenses, contracted or purchased services, other expenses charged to operations during 2012. Operating expenses doesn’t include: outlays for the purchase of real estate, construction and all other capital improvements, funds invested, assessments or dues paid to the parent or other chapters of the same organization, fund-raising organizations, funds transferred to charities and other.
The annual payroll consists of all forms of compensation such as salaries, wages, commissions, dismissal pay, bonuses, vacation allowances, sick-leave pay, and employee contributions to qualified pension plans paid during the year to all employees and reported on Internal Revenue Service (IRS) Form 941 as taxable Medicare Wages and tips. Payrolls of departments or concessions operated by other companies at the establishment are not included as well as, for the unincorporated businesses, profit or other compensation of proprietors or partners.