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1997 ECONOMIC CENSUS

Finance and Insurance

Definition: The Finance and Insurance sector (sector 52) of the 1997 Economic Census comprises establishments of firms with payroll primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets)and/or in facilitating financial transactions. Three principal types of activities are identified:

1. Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities. Establishments engaged in this activity use raised funds to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale and risk. This activity is known as financial intermediation.
2. Pooling of risk by under writing insurance and annuities. Establishments engaged in this activity collect fees, insurance premiums, or annuity considerations; build up reserves; invest those reserves; and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected eturn on investment.
3. Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs. In addition, monetary authorities charged with monetary control are included in this sector.

Comparability with SIC data: The Finance and Insurance sector (new) was created from selected industries in SIC Division H, Finance, Insurance, and Real Estate. While most of the changes affecting finance and insurance were minor at the sector level, some industries left the finance part of this sector and other industries came into this sector. Prominent among those leaving are holding companies and patent owners and lessors. Prominent among the industries coming into the sector are pawnshops. Also, there are conceptual differences in what defines an establishment in this sector, since distinct activities have a less physical/geographical basis than industries in most other sectors. Note that funds, trusts, and other financial vehicles (except for REITs), although part of this sector, are not in scope of the 1997 Economic Census.

Geographic detail: The Economic Census publishes data for the Real Estate and Rental and Leasing sector only for the U.S., states, and metropolitan areas.

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	Bridge Between NAICS and SIC (national only)	defines comparability of individual industries.
	Comparative Statistics (U.S. and states)	1997 and 1992 data side by side on a comparable SIC basis
	Nonemployer Statistics (U.S., states, counties, metros)	Nonemployers account for 63 % of establishments and 1.7 % of receipts in this sector, but are excluded from the reports below.

Link to pdf	Series number	Title	Released	Print-on- demand
	EC97F52S-LS	Source of Revenue	October 25, 2000	$30
	EC97F52S-SZ	Establishment and Firm Size	November 28, 2000	$35
	EC97F52S-SB	Miscellaneous Subjects	April 06, 2001	$25
	EC97F52S-SM	Summary	April 11, 2001	$35

Geographic Area Series

Hypertext tables	Link to pdf	Series number	Title	Released	Print-on- demand
		EC97F52-US(RV)	United States	April 03, 2000	$25
		EC97F52-AL	Alabama	February 18, 2000	$25
		EC97F52-AK	Alaska	February 18, 2000	$25
		EC97F52-AZ(RV)	Arizona	April 03, 2000	$25
		EC97F52-AR	Arkansas	February 18, 2000	$25
		EC97F52-CA	California	February 18, 2000	$25
		EC97F52-CO	Colorado	February 18, 2000	$25
		EC97F52-CT(RV)	Connecticut	April 03, 2000	$25
		EC97F52-DE	Delaware	February 18, 2000	$25
		EC97F52-DC	District of Columbia	February 18, 2000	$25
		EC97F52-FL	Florida	February 18, 2000	$25
		EC97F52-GA	Georgia	February 18, 2000	$25
		EC97F52-HI	Hawaii	February 18, 2000	$25
		EC97F52-ID	Idaho	February 18, 2000	$25
		EC97F52-IL	Illinois	February 18, 2000	$25
		EC97F52-IN	Indiana	February 18, 2000	$25
		EC97F52-IA	Iowa	February 18, 2000	$25
		EC97F52-KS	Kansas	February 18, 2000	$25
		EC97F52-KY	Kentucky	February 18, 2000	$25
		EC97F52-LA	Louisiana	February 18, 2000	$25
		EC97F52-ME(RV)	Maine	April 03, 2000	$25
		EC97F52-MD	Maryland	February 18, 2000	$25
		EC97F52-MA(RV)	Massachusetts	April 03, 2000	$25
		EC97F52-MI	Michigan	February 18, 2000	$25
		EC97F52-MN	Minnesota	February 18, 2000	$25
		EC97F52-MS	Mississippi	February 18, 2000	$25
		EC97F52-MO	Missouri	February 18, 2000	$25
		EC97F52-MT	Montana	February 18, 2000	$25
		EC97F52-NE	Nebraska	February 18, 2000	$25
		EC97F52-NV	Nevada	February 18, 2000	$25
		EC97F52-NH(RV)	New Hampshire	April 03, 2000	$25
		EC97F52-NJ	New Jersey	February 18, 2000	$25
		EC97F52-NM	New Mexico	February 18, 2000	$25
		EC97F52-NY	New York	February 18, 2000	$25
		EC97F52-NC	North Carolina	February 18, 2000	$25
		EC97F52-ND	North Dakota	February 18, 2000	$25
		EC97F52-OH	Ohio	February 18, 2000	$25
		EC97F52-OK	Oklahoma	February 18, 2000	$25
		EC97F52-OR	Oregon	February 18, 2000	$25
		EC97F52-PA	Pennsylvania	February 18, 2000	$25
		EC97F52-RI	Rhode Island	February 18, 2000	$25
		EC97F52-SC	South Carolina	February 18, 2000	$25
		EC97F52-SD	South Dakota	February 18, 2000	$25
		EC97F52-TN	Tennessee	February 18, 2000	$25
		EC97F52-TX(RV)	Texas	April 03, 2000	$25
		EC97F52-UT	Utah	February 18, 2000	$25
		EC97F52-VT	Vermont	February 18, 2000	$25
		EC97F52-VA	Virginia	February 18, 2000	$25
		EC97F52-WA	Washington	February 18, 2000	$25
		EC97F52-WV	West Virginia	February 18, 2000	$25
		EC97F52-WI	Wisconsin	February 18, 2000	$25
		EC97F52-WY	Wyoming	February 18, 2000	$25
			Package price for all geo. area reports		$490

See also the consolidated list of Economic Census reports.

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Page Last Modified: March 13, 2006