Reengineering the Census Bureau's Annual Economic Surveys (2018) / Chapter Skim
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Appendix B: Surveys Covered in this Report
Appendix B: Surveys Covered in this Report
Pages 191-206
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From page 191... ...
Services • Service Annual Survey (SAS) Multisector • Annual Capital Expenditures Survey (ACES)
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From page 192... ...
uses ASM data to calculate annual productivity series, update producer price indexes, and calculate weights when new components are added. The Federal Reserve Board uses ASM data to prepare the Index of Industrial Production.
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From page 193... ...
The ASM sample is updated annually from two sources that are input to the Business Register: administrative records from the Internal Revenue Service (IRS) are used to identify new single- establishment manufacturers, and the COS is used to identify new manufacturing establishments of multi-establishment companies.
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From page 194... ...
The collected annual sales data are used to analyze differences in reporting between the company-based survey and plant-level data from the ASM, the source of benchmark data for the monthly shipments and inventory data. The BEA, the Federal Reserve Board, the Depart ent of the Treasury, m the Council of Economic Advisers, corporate economists, trade associations, news media, academia, investment consultants, and researchers use the M3UFO data for analysis and forecasting of future economic conditions.
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From page 195... ...
. ANNUAL RETAIL TRADE SURVEY The ARTS has been conducted since 1952 to produce national estimates of total annual sales, e-commerce sales, end-of-year inventories, purchases, total operating expenses, inventories held outside the United States, gross margins, and end-of-year accounts receivable for retail businesses and annual sales and e-commerce sales for accommodation and food service firms located in the 50 states and the District of Columbia.
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From page 196... ...
. ANNUAL WHOLESALE TRADE SURVEY The AWTS, which has been conducted annually since 1978, provides detailed industry measures of annual sales, e-commerce sales, year-end inventories held both inside and outside the United States, method of inventory valuation, total purchases of products, and total operating expenses for wholesale trade activities, as well as gross selling value and commissions for wholesale agent and brokers.
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From page 197... ...
Merchant wholesalers provide estimates on annual sales, e-commerce sales, year-end inventories held both inside and outside the United States, method of inventory valuation, total purchases of products, and total operating expenses. Estimates for wholesale manufacturers' sales branches and offices were introduced in 2003 and provide all the same estimates as merchants with the exception of purchases.
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From page 198... ...
The SAS is a survey of approximately 72,000 selected service businesses with paid employees; supplemented by administrative records data or imputed values to account for nonemployer and certain other businesses. To be eligible for the list sample, service businesses must be in the Business Register List, which contains all EINs for listed businesses and all locations of multi-establishment companies.
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Within each stratum a simple random sample of EIN establishments is selected. The initial sample is updated quarterly to reflect births and deaths, adding new employer businesses identified in the SQ-CLASS, and dropping firms and EIN establishments that are no longer active.
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For the 2012 and prior ACES data collection, the Census Bureau used mail out/mail back survey forms to collect data. For the 2013 ACES, the Census Bureau collected data from employer companies primarily through electronic reporting and continued to use mail out/mail back survey forms to collect data from nonemployer companies.
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From page 201... ...
These statistics are also an important input for federal agencies constructing composite national economic measures, such as the BEA's estimates of private-fixed investments, a major component of GDP; the BLS's estimates of capital stocks for productivity analysis; and the Federal Reserve Board's Flow of Funds accounts. Industry analysts and businesses use these data for market analysis, economic forecasting, product development, and business planning.
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From page 202... ...
BEA, BLS, the Federal Reserve Board, and industry analysts used ICTS data to evaluate future productivity and economic growth prospects. In addition, the survey provided improved source data for BEA's investment component of GDP and estimates of capital stock and capital flow, and it permitted the reconciliation of important differences between reported production and consumption of technology.
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From page 203... ...
The module selected for the 2016 ASE focused on business advice and planning, and it also included additional questions on business financing relationships, owner demographics, and regulations. The ASE includes all nonfarm businesses that file IRS tax forms as individual proprietorships, partnerships, or any type of corporation and with receipts of $1,000 or more, and it covers firms with paid employees.
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From page 204... ...
The ASE has a smaller sample size focused on employer businesses and is designed to measure the number of years a firm has been in business, while the SBO has a much larger sample size designed to provide more geographic and industry detail. The SBO uses data collected from the economic census to produce estimates.
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From page 205... ...
, which has been conducted annually since 1974, is used to obtain current organization and operating information on multi-establishment firms to maintain the Business Register.
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From page 206... ...
The Census Bureau uses COS survey data and other information contained in the Business Register to produce annual County Business Patterns reports. These reports provide summary statistics by state, county, some ZIP codes, and 6-digit NAICS levels, including number of establishments, payroll, and employment.
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