1. Census Bureau Economic Data for New Mexico Business / Industry Data Sets New Mexico SDC/BIDC Affiliates Workshop November 12, 2014 Presented by: Andy Hait U.S. Census Bureau

2. Outline  Census Bureau Economic Programs at a Glance  Using Economic Data in AFF to Promote Economic Development  What are we good at, and how can we continue to promote this and related businesses?  What are we not so good at and how can we improve?  How can we help businesses succeed?

3. Census Economic Data  Monthly and Quarterly Data  Leading Economic Indicators, like Monthly Retail Sales  Annual Data  County Business Patterns  Nonemployer Statistics  The Economic Census and Related Programs

4. Our Scenario  Interested in creating a comprehensive profile of the Albuquerque economy to help promote economic development.  Latest data for employer businesses (CBP & EC)  Impact/importance of small businesses (NS)  Impact/importance of minority-, women-, and veteran- owned businesses (SBO)

5. American FactFinder

6. Finding the latest data available for Atlanta businesses 2 steps using the Advanced Search  Select the Geography  Select the Industries

7. Employer Businesses  Covered by most Census Bureau economic programs (and most other sources)  Make up only 25% of all US businesses but over 96% of GDP  The primary engine that drives the US economy

8. The Results

9. Employer Businesses Employer Businesses in Bernalillo County, New Mexico: 2012 and 2007 2012 NAICS code Meaning of 2012 NAICS code Number of establishme nts Paid employees for pay period including March 12 (number) Annual payroll ($1,000) Annual payroll per employee ($) Number of establishme nts (Change 2007 - 2012) Paid employees for pay period including March 12 (number) (Change 2007 - 2012) Annual payroll ($1,000) (Change 2007 - 2012) Annual payroll per employee ($) (Change 2007 - 2012) 0Total for all sectors15,810249,0719,420,09137,821-1,088-16,829-339,7911,116 11Agriculture, forestry, fishing and hunting10203,063153,150-112,529135,924 21Mining, quarrying, and oil and gas extraction1920212,06759,738-7-82,42913,842 22Utilities18gD 1 23Construction1,35415,799708,82944,865-498-10,601-341,5465,079 31-33Manufacturing57812,355598,30248,426-68-4,010-104,0175,510 42Wholesale trade91412,065564,12246,757-50-1,271-16,6293,209 44-45Retail trade2,09034,036876,75725,760-182-3,971-75,997692 48-49Transportation and warehousing3326,064240,19139,609-41-951-17,4462,883 51Information2746,715304,59645,361-56-65824,5817,382 52Finance and insurance1,00810,701616,83057,642-182-2,700-494,999-25,324 53Real estate and rental and leasing9174,188148,48235,454-72-922-2,9475,820 54Professional, scientific, and technical services2,22118,8981,109,95758,734-93-2,813-97,0873,138 55Management of companies and enterprises1254,611265,79157,6431066128,036-2,548 56 Administrative and support and waste management and remediation services 73915,772444,26928,168-74-3,023-52,8661,718 61Educational services27712,207397,83932,59177,785280,6556,091 62Health care and social assistance1,89947,0172,107,50244,8241795,577408,5023,825 71Arts, entertainment, and recreation2094,51995,75321,1896-1,287-34,099-1,176 72Accommodation and food services1,38331,189487,38715,627541,31471,2191,697 81Other services (except public administration)1,43211,232300,97626,796-17-52011,1512,135 99Industries not classified11a251 -4

10. Nonemployer Businesses  Only covered by a few Census Bureau economic programs (not covered by most other sources)  Make up 75% of all US businesses but less than 4% of GDP  A key engine that drives the economic growth

11. Back to the Results

12. Small Businesses Nonemployer Businesses in Bernalillo County, New Mexico: 2012 and 2007 2012 NAICS code Meaning of 2012 NAICS code Number of nonemployer establishments Receipts ($1,000) Receipts per Establishment ($1,000) Number of nonemployer establishments (Change 2007 - 2012) Receipts ($1,000) (Change 2007 - 2012) Receipts per Establishment ($1,000) (Change 2007 - 2012) 0Total for all sectors39,1011,547,00239,564-372-77,533-1,591 11Agriculture, forestry, fishing and hunting1555,88137,942371,378-219 21Mining, quarrying, and oil and gas extraction221,37162,318139315,747 22Utilities262208,4628-798-48,094 23Construction2,940142,85648,590-392-42,921-7,165 31-33Manufacturing70625,61536,282-44-4,933-4,449 42Wholesale trade70848,40468,367-59-7,754-4,850 44-45Retail trade3,451139,18640,332-217-30,378-5,896 48-49Transportation and warehousing96960,47562,410-81-3,4071,570 51Information60516,22326,81512,2283,644 52Finance and insurance1,41487,34261,769-262-1,1458,973 53Real estate and rental and leasing4,518399,78888,488-686-88611,494 54Professional, scientific, and technical services6,523232,18635,595-204-6,541107 56 Administrative and support and waste management and remediation services2,88553,85618,668286-2,692-3,090 61Educational services1,61421,12813,0902113,852777 62Health care and social assistance3,935110,28428,02624111,4651,275 71Arts, entertainment, and recreation2,83344,65015,76152-2,115-1,055 72Accommodation and food services42020,54348,9121-3,353-8,119 81Other services (except public administration)5,377136,99425,47873510,074-1,864

13. How about ZIP Codes?

14. Employer Businesses by ZIP All Employer Businesses (NAICS 00) in Albuquerque ZIP Codes: 2012 Geographic area name Number of establishments Paid employees for pay period including March 12 (number) First-quarter payroll ($1,000) Annual payroll ($1,000) Annual payroll per employee ($) ZIP 87048 (Corrales, NM)1801,0136,85229,663 29,282 ZIP 87102 (Albuquerque, NM)1,29219,957207,278852,550 42,719 ZIP 87104 (Albuquerque, NM)3804,13830,519126,933 30,675 ZIP 87105 (Albuquerque, NM)6489,12062,815270,348 29,643 ZIP 87106 (Albuquerque, NM)78931,121347,5391,436,627 46,163 ZIP 87107 (Albuquerque, NM)1,67327,038249,2311,014,324 37,515 ZIP 87108 (Albuquerque, NM)74712,242146,388542,327 44,301 ZIP 87109 (Albuquerque, NM)2,00238,386366,7171,531,308 39,892 ZIP 87110 (Albuquerque, NM)2,08828,115251,0551,050,266 37,356 ZIP 87111 (Albuquerque, NM)1,0209,54963,720265,432 27,797 ZIP 87112 (Albuquerque, NM)8868,74159,391235,968 26,996 ZIP 87113 (Albuquerque, NM)76016,147168,828673,219 41,693 ZIP 87114 (Albuquerque, NM)87711,96276,465311,563 26,046 ZIP 87116 (Albuquerque, NM)7929324,109 44,663 ZIP 87117 (Kirtland Afb, NM)661,01112,15347,555 47,038 ZIP 87120 (Albuquerque, NM)6116,64142,233176,043 26,509 ZIP 87121 (Albuquerque, NM)4567,83765,797249,527 31,840 ZIP 87122 (Albuquerque, NM)3382,21415,40167,907 30,672 ZIP 87123 (Albuquerque, NM)5898,66478,306328,013 37,859

15. Employer Businesses by ZIP by Size

16. What about Revenue data?

17. Economy-Wide Key Statistics Employer Businesses in Albuquerque city, New Mexico: 2007 2007 NAICS code Meaning of 2007 NAICS code Number of establishments Value of sales, shipments, receipts, revenue, or business done ($1,000) Annual payroll ($1,000) Number of paid employees for pay period including March 12 Value of sales, shipments, receipts, revenue, or business done per Establishment ($1,000) Value of sales, shipments, receipts, revenue, or business done per Employee ($) Value of sales, shipments, receipts, revenue, or business done per $ of Payroll ($) 31-33Manufacturing5593,779,175653,26714,7616,761256,0246 42Wholesale trade7355,165,613433,31210,4907,028492,43212 44-45Retail trade2,0308,951,696858,96034,9234,410256,32710 51Information316N292,0378,179 53Real estate and rental and leasing886848,539144,3634,949958171,4576 54Professional, scientific, and technical services2,0452,459,1281,049,28119,1851,203128,1802 56 Administrative and support and waste management and remediation services 7221,120,898598,95527,6721,55240,5072 61Educational services17096,28233,6521,12256685,8133 62Health care and social assistance1,5953,889,6501,692,13841,3062,43994,1672 71Arts, entertainment, and recreation182509,52863,5963,4902,800145,9978 72Accommodation and food services1,2221,321,604386,75828,1561,08246,9393 81Other services (except public administration)979625,830198,7647,36663984,9623

18. Minority-, Women-, and Veteran- Owned Businesses  Covered by one Census Bureau economic program (not covered by most other sources)  Share of businesses varies widely by industry and geography  A key engine that drives the economic growth

19. The Results

20. Data by Race All Employer and Nonemployer Businesses in Bernalillo County, New Mexico by Race: 2007 Meaning of Race code Number of firms with or without paid employees Sales, receipts, or value of shipments of firms with or without paid employees ($1,000) Number of firms with paid employees Sales, receipts, or value of shipments of firms with paid employees ($1,000) Number of paid employees for pay period including March 12 Annual payroll ($1,000) Number of firms without paid employees Sales, receipts, or value of shipments of firms without paid employees ($1,000) All firms53,23552,893,74113,16551,277,116260,7288,790,06340,0701,616,626 White46,17620,748,78110,26419,338,775131,8644,163,75235,9121,410,005 Black or African American960330,44354308,1491,02740,54390522,294 American Indian and Alaska Native1,378294,548134254,0141,53452,3241,24440,535 Asian1,893615,507499569,1944,446120,2011,39446,314 Native Hawaiian and Other Pacific IslanderSSSSSSSS Some other race14420,452919,054891,723SS Minority16,3324,347,8432,7603,929,90429,304848,35013,572417,939 Equally minority/nonminority2,381558,283555479,1255,634132,2681,82579,158 Nonminority31,83917,024,0047,69616,002,195104,0343,394,66524,1431,021,809 All firms classifiable by gender, ethnicity, race, and veteran status50,55221,930,13011,01220,411,224138,9724,375,28439,5401,518,906 Publicly held and other firms not classifiable by gender, ethnicity, race, and veteran status2,68330,963,6112,15430,865,892121,7574,414,77953097,719

21. Data by Ethnicity All Employer and Nonemployer Businesses in Bernalillo County, New Mexico by Ethnicity: 2007 Meaning of Ethnicity code Number of firms with or without paid employees Sales, receipts, or value of shipments of firms with or without paid employees ($1,000) Number of firms with paid employees Sales, receipts, or value of shipments of firms with paid employees ($1,000) Number of paid employees for pay period including March 12 Annual payroll ($1,000) Number of firms without paid employees Sales, receipts, or value of shipments of firms without paid employees ($1,000) All firms53,23552,893,74113,16551,277,116260,7288,790,06340,0701,616,626 Hispanic12,7993,233,8622,0932,897,69622,775637,13510,706336,166 Equally Hispanic/non-Hispanic1,829531,910531467,6715,518129,8351,29864,239 Non-Hispanic35,92418,164,3588,38817,045,856110,6793,608,31427,5361,118,502 All firms classifiable by gender, ethnicity, race, and veteran status50,55221,930,13011,01220,411,224138,9724,375,28439,5401,518,906 Publicly held and other firms not classifiable by gender, ethnicity, race, and veteran status2,68330,963,6112,15430,865,892121,7574,414,77953097,719

22. Data by Gender All Employer and Nonemployer Businesses in Bernalillo County, New Mexico by Gender: 2007 Meaning of Gender code Number of firms with or without paid employees Sales, receipts, or value of shipments of firms with or without paid employees ($1,000) Number of firms with paid employees Sales, receipts, or value of shipments of firms with paid employees ($1,000) Number of paid employees for pay period including March 12 Annual payroll ($1,000) Number of firms without paid employees Sales, receipts, or value of shipments of firms without paid employees ($1,000) All firms53,23552,893,74113,16551,277,116260,7288,790,06340,0701,616,626 Female-owned16,7522,886,7332,0302,471,61718,414508,13014,722415,116 Male-owned22,73215,583,4336,12714,839,89492,5713,068,65216,605743,538 Equally male-/female-owned11,0683,459,9652,8553,099,71327,987798,5038,213360,252 All firms classifiable by gender, ethnicity, race, and veteran status50,55221,930,13011,01220,411,224138,9724,375,28439,5401,518,906 Publicly held and other firms not classifiable by gender, ethnicity, race, and veteran status2,68330,963,6112,15430,865,892121,7574,414,77953097,719

23. So… What Else?  Drill down to more detailed industries  Detailed industries within each sector  Compare to other geographies  County to neighboring counties  County to metro area  County to state  Economic Places within county  Merge in demographic data  Per capita calculations

24. Other Data Tools http://www.census.gov/econ/isp/

25. Summary  A wealth of data available from Census Bureau Economic Programs  AFF is a powerful data extraction tool, but manipulating the data can help see interesting patterns and facts in the data  Using these data can help spur economic development by helping us understand the local economy

26. Questions?

27. Andy Hait andrew.w.hait@census.gov (301)763-6747 andrew.w.hait@census.gov