In 2023, ***** percent of the adult population in the United States and ***** percent in Canada were owning and running an established business. Established business ownership rate refers to the percentage of 18-64 population who are currently owner-manager of an established business, i.e., owning and managing a running business that has paid salaries, wages, or any other payments to the owners for more than 42 months.

According to data published by IPSOS in 2021, ** percent of respondents from Peru have started at least one business, compared to ***** percent of respondents from Japan.

According to a new study, women started 49% of new businesses in the United States in 2021. This is way up from 28% in 2019.

In 2023, nearly ********* of the adult population in Ecuador was involved in start-ups, making it the highest in the Americas. Guatemala, Panama, and Chile followed close behind. Overall, the early-stage entrepreneurial activity rate was high in Latin American countries. The rate was lowest in the United States, with only ** percent of the adult population involved in the early stage of a start-up in 2022. An economy’s total early-stage entrepreneurial activity (TEA) rate is defined as the prevalence rate of individuals in the working age population who are actively involved in business startups, either in the phase in advance of the birth of the firm, or the phase spanning 42 months after the birth of the firm.

The below table shows a complete breakdown of employer businesses owned by minorities.

One of the cool things about most small business owners is that they come from all different demographics and backgrounds.

The following small business statistics broken down by industry to help you understand the small business landscape better.

LGBTQ majority-owned business in were most likely to be between zero and two years old in the U.S. in 2023. Although only **** percent were between the ages of ** and **, around ** percent were 21 years old or more.

Release Date: 2022-11-10.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY22-308)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2021 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2021 ABS collection year produces statistics for the 2020 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown for the number of employees working at the firm during the March 12 pay period:.Employment size of firms:. Firms with no employees. Firms with 1 to 4 employees. Firms with 5 to 9 employees. Firms with 10 to 19 employees. Firms with 20 to 49 employees. Firms with 50 to 99 employees. Firms with 100 to 249 employees. Firms with 250 to 499 employees. Firms with less than 500 employees. Firms with 500 employees or more. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2020 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statistical Areas...Data are also shown...

These small business statistics will tell you everything you need to know about the growth of business and where it’s going in the future.

This statistic shows changes in the composition of new entrepreneurs in the United States as of April 2022, by age. In 2022, about * percent of entrepreneurs in the United States were aged between 20 and 30 years.

Release Date: 2020-05-19.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY20-008)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2018 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2018 ABS collection year produces statistics for the 2017 reference year. The "Year" column in the table is the reference year. The ABS has a larger sample size during the benchmark year of 2017. Due to the larger size, more detailed data are shown for reference year 2017...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.This is one of four tables in the ABS series to provide select economic and demographic characteristics of businesses (CB) for U.S. employer firms that reported the sex, ethnicity, race, and veteran status for up to four persons owning the largest percentage(s) of the business. Includes U.S. firms with paid employees, operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Firms are asked to report their employees as of the March 12 pay period...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Percent of employer firms (%). Sales and receipts of employer firms (reported in $1,000s of dollars). Percent of sales and receipts of employer firms (%). Number of employees (during the March 12 pay period). Percent of employees (%). Annual payroll (reported in $1,000s of dollars). Percent of annual payroll (%)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Mexican-owned," "Puerto Rican-owned," "Cuban-owned" or "other Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2017 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Business Characteristics:.The ABS was designed to include select questions about business characteristics from multiple reference periods and to incorporate new content each survey year based on topics of relevance...Respondent firms include all firms that responded to the charac...

In 2021, about **** million small business firms with employees were counted in the United States. That same year, there were around ** million non-employer small businesses.

Diversity in Tech Statistics: In today's tech-driven world, discussions about diversity in the technology sector have gained significant traction. Recent statistics shed light on the disparities and opportunities within this industry. According to data from various sources, including reports from leading tech companies and diversity advocacy groups, the lack of diversity remains a prominent issue. For example, studies reveal that only 25% of computing jobs in the United States are held by women, while Black and Hispanic individuals make up just 9% of the tech workforce combined. Additionally, research indicates that LGBTQ+ individuals are underrepresented in tech, with only 2.3% of tech workers identifying as LGBTQ+. Despite these challenges, there are promising signs of progress. Companies are increasingly recognizing the importance of diversity and inclusion initiatives, with some allocating significant resources to address these issues. For instance, tech giants like Google and Microsoft have committed millions of USD to diversity programs aimed at recruiting and retaining underrepresented talent. As discussions surrounding diversity in tech continue to evolve, understanding the statistical landscape is crucial in fostering meaningful change and creating a more inclusive industry for all. Editor’s Choice In 2021, 7.9% of the US labor force was employed in technology. Women hold only 26.7% of tech employment, while men hold 73.3% of these positions. White Americans hold 62.5% of the positions in the US tech sector. Asian Americans account for 20% of jobs, Latinx Americans 8%, and Black Americans 7%. 83.3% of tech executives in the US are white. Black Americans comprised 14% of the population in 2019 but held only 7% of tech employment. For the same position, at the same business, and with the same experience, women in tech are typically paid 3% less than men. The high-tech sector employs more men (64% against 52%), Asian Americans (14% compared to 5.8%), and white people (68.5% versus 63.5%) compared to other industries. The tech industry is urged to prioritize inclusion when hiring, mentoring, and retaining employees to bridge the digital skills gap. Black professionals only account for 4% of all tech workers despite being 13% of the US workforce. Hispanic professionals hold just 8% of all STEM jobs despite being 17% of the national workforce. Only 22% of workers in tech are ethnic minorities. Gender diversity in tech is low, with just 26% of jobs in computer-related sectors occupied by women. Companies with diverse teams have higher profitability, with those in the top quartile for gender diversity being 25% more likely to have above-average profitability. Every month, the tech industry adds about 9,600 jobs to the U.S. economy. Between May 2009 and May 2015, over 800,000 net STEM jobs were added to the U.S. economy. STEM jobs are expected to grow by another 8.9% between 2015 and 2024. The percentage of black and Hispanic employees at major tech companies is very low, making up just one to three percent of the tech workforce. Tech hiring relies heavily on poaching and incentives, creating an unsustainable ecosystem ripe for disruption. Recruiters have a significant role in disrupting the hiring process to support diversity and inclusion. You May Also Like To Read Outsourcing Statistics Digital Transformation Statistics Internet of Things Statistics Computer Vision Statistics

Release Date: 2023-10-26.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY23-0479)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2022 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2022 ABS collection year produces statistics for the 2021 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown for the number of years the firm has been in operation:.Years in Business:. Firms with less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 years in business. Firms with 16 or more years in business. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2021 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statistical Areas...Data are also shown for the 3- and 4-digit NAICS code for:..United States...For more information about NAICS, see NAICS Codes & Understanding Industry Clas...

About 1.5 million jobs are created in the US every year by small businesses alone. This means that 64% of all job creation comes from small businesses.

Release Date: 2021-10-28.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY21-289)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2020 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2020 ABS collection year produces statistics for the 2019 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown for the number of years the firm has been in operation:.Years in Business:. Firms with less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 years in business. Firms with 16 or more years in business. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2019 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statistical Areas...Data are also shown for the 3-digit NAICS code for:..United States...For more information about NAICS, see NAICS Codes & Understanding Industry Classificati...

United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data was reported at 17.169 Per 1000 in 2020. This records an increase from the previous number of 15.152 Per 1000 for 2019. United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data is updated yearly, averaging 13.282 Per 1000 from Dec 2011 (Median) to 2020, with 10 observations. The data reached an all-time high of 17.169 Per 1000 in 2020 and a record low of 12.478 Per 1000 in 2012. United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Number of Researchers and Personnel on Research and Development: OECD Member: Annual.

Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':

R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.

The MSTI variable 'Value added in industry' is used to this end:

It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.

Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.

Release Date: 2021-01-28.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY20-424)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2019 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2019 ABS collection year produces statistics for the 2018 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...The data are also shown for the number of years the firm has been in operation:.Years in Business:. Firms with less than 2 years in business. Firms with 2 to 3 years in business. Firms with 4 to 5 years in business. Firms with 6 to 10 years in business. Firms with 11 to 15 years in business. Firms with 16 or more years in business. ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2018 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geography Coverage:.The data are shown for the total for all sectors (00) and the 2-digit NAICS code levels for:.United States. States and the District of Columbia. Metropolitan Statistical Areas...For more information about NAICS, see NAICS Codes & Understanding Industry Classification Systems. For information about geographies used by economic pro...

Release Date: 2021-10-28.The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied (Approval ID: CBDRB-FY21-289)...Release Schedule:.Data in this file come from estimates of business ownership by sex, ethnicity, race, and veteran status from the 2020 Annual Business Survey (ABS) collection. Data are also obtained from administrative records, the 2017 Economic Census, and other economic surveys...Note: The collection year is the year in which the data are collected. A reference year is the year that is referenced in the questions on the survey and in which the statistics are tabulated. For example, the 2020 ABS collection year produces statistics for the 2019 reference year. The "Year" column in the table is the reference year...For more information about ABS planned data product releases, see Tentative ABS Schedule...Key Table Information:.The data include U.S. firms with paid employees operating during the reference year with receipts of $1,000 or more, which are classified in the North American Industry Classification System (NAICS), Sectors 11 through 99, except for NAICS 111, 112, 482, 491, 521, 525, 813, 814, and 92 which are not covered. Employer firms with more than one domestic establishment are counted in each geographic area and industry in which they operate, but only once in the U.S. and state totals for all sectors. Employment reflects the number of paid employees during the pay period in the reference year that included March 12...Data Items and Other Identifying Records:.Data include estimates on:.Number of employer firms (firms with paid employees). Sales and receipts of employer firms (reported in $1,000s of dollars). Number of employees (during the March 12 pay period). Annual payroll (reported in $1,000s of dollars)...These data are aggregated by the following demographic classifications of firm for:.All firms. Classifiable (firms classifiable by sex, ethnicity, race, and veteran status). . Sex. Female. Male. Equally male/female. . Ethnicity. Hispanic. Equally Hispanic/non-Hispanic. Non-Hispanic. . Race. White. Black or African American. American Indian and Alaska Native. Asian. Native Hawaiian and Other Pacific Islander. Minority (Firms classified as any race and ethnicity combination other than non-Hispanic and White). Equally minority/nonminority. Nonminority (Firms classified as non-Hispanic and White). . Veteran Status (defined as having served in any branch of the U.S. Armed Forces). Veteran. Equally veteran/nonveteran. Nonveteran. . . . Unclassifiable (firms not classifiable by sex, ethnicity, race, and veteran status). ...Data Notes:.. Business ownership is defined as having 51 percent or more of the stock or equity in the business. Data are provided for businesses owned equally (50% / 50%) by men and women, by Hispanics and non-Hispanics, by minorities and nonminorities, and by veterans and nonveterans. Firms not classifiable by sex, ethnicity, race, and veteran status are counted and tabulated separately.. The detail may not add to the total or subgroup total because a Hispanic or Latino firm may be of any race, and because a firm could be tabulated in more than one racial group. For example, if a firm responded as both Chinese and Black majority owned, the firm would be included in the detailed Asian and Black estimates but would only be counted once toward the higher level all firms' estimates.. References such as "Hispanic- or Latino-owned" businesses refer only to businesses operating in the 50 states and the District of Columbia that self-identified 51 percent or more of their ownership in 2019 to be by individuals of Mexican, Puerto Rican, Cuban or other Hispanic or Latino origin. The ABS does not distinguish between U.S. residents and nonresidents. Companies owned by foreign governments or owned by other companies, foreign or domestic, are included in the category "Unclassifiable."...Industry and Geography Coverage:..The data are shown for the total for all sectors (00) and 2-digit NAICS code levels for:..United States. States and the District of Columbia. Metropolitan Statistical Areas...Data are also shown for the 3-digit NAICS code for:..United States. States and the District of Columbia...For more information about NAICS, see NAICS Codes & Understanding Industry Classification Systems. For information about geographies used by economic programs at the Census Bureau, see Economic Census: Economic Geographies...Footnotes:.Footnote 660 - Agriculture, forestry, fishing and hunting (Sector 11): Crop and Animal Production (NAICS 111 and 112) are out of scope..Footnote 661 - Transportation and warehousing (Secto...