microbusinesses in the united states: characteristics and sector participation--power point

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  • 8/12/2019 Microbusinesses in the United States: Characteristics and Sector Participation--Power Point

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    Microbusinesses in theUnited States:

    Characteristics andSector ParticipationJames H. [email protected]

    Katrin B. Anacker

    [email protected]

    Washington, DC02/26/14

    mailto:[email protected]:[email protected]:[email protected]:[email protected]
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    http://jameshcarr.com/ or

    http://policy.gmu.edu/anacker

    http://jameshcarr.com/http://policy.gmu.edu/anackerhttp://policy.gmu.edu/anackerhttp://jameshcarr.com/
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    Overview

    Male-Owned Microbusinesses

    Female-Owned Microbusinesses

    White-Owned Microbusinesses Black-Owned Microbusinesses

    Asian-Owned Microbusinesses

    Hispanic-Owned Microbusinesses Veteran-Owned Microbusinesses

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    Data and Methods

    Survey of Business Owners (SBO) 2007 (most recent)

    Calculate

    Sector participation rate

    Sales and receipts ratio

    Annual payroll ratio

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    Sales and Receipts Ratio

    Aggregate Sales and Receipts ($1,000) per sector /

    Number of Businesses per sector

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    Annual Payroll Ratio

    Aggregate Annual Payroll ($1,000) per sector /

    Number of Employees per sector

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    Male-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Construction 18.47

    Professional, scientific, technical services 17.36Retail trade 10.60

    Other services 9.06

    Health care, social assistance 8.02

    Sum of Top 5 Rate of Sector Participation 63.51

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    Male-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Wholesale trade 1,404 5.79

    Utilities 1,164 0.06

    Management of companies/enterprises 1,074 0.08

    Mining, quarrying, oil/gas extraction 681 0.35

    Retail trade 604 10.60

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    4,927 16.88

    Average all sectors 401

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    Male-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Management of companies/enterprises 86 0.08

    Arts, entertainment, recreation 73 1.48

    Construction 58 18.47

    Information 54 1.20

    Health care, social assistance 51 8.02

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    322 29.25

    Average all sectors 35

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    Female-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Professional, scientific, technical services 18.59

    Retail trade 13.76Health care, social assistance 13.04

    Other services 9.06

    Real Estate, rental, leasing 7.87

    Sum of Top 5 Rate of Sector Participation 62.32

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    Female-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Wholesale trade 968 3.88

    Utilities 808 0.02

    Management of companies/enterprises 779 0.05

    Mining, quarrying, oil/gas extraction 551 0.16

    Construction 373 5.22

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    3,479 9.33

    Average all sectors 257

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    Female-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Utilities 48 0.03

    Information 44 1.07

    Arts, entertainment, recreation 41 1.87

    Construction 36 7.42

    Professional, scientific, technical services 36 9.73

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    205 20.12

    Average all sectors 27

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    White-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Professional, scientific, technical services 16.97

    Construction 16.61Retail trade 11.33

    Health care, social assistance 7.75

    Other services 6.97

    Sum of Top 5 Rate of Sector Participation 59.63

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    White-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Wholesale trade 1,329 5.13

    Utilities 992 0.05

    Management of companies/enterprises 970 3.48

    Mining, quarrying, oil/gas extraction 623 0.35

    Retail 490 11.33

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    4,404 20.34

    Average all sectors 360

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    White-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Management of companies/enterprises 84 3.48

    Arts, entertainment, recreation 58 1.76

    Information 50 1.18

    Health care, social assistance 44 7.75

    Professional, scientific, technical services 43 16.97

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    279 31.14

    Average all sectors 33

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    Black-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Health care, social assistance 18.66

    Professional, scientific, technical services 13.65Retail trade 11.66

    Construction 9.26

    Other services 8.84

    Sum of Top 5 Rate of Sector Participation 62.07

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    Black-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Utilities 2,426 0.02

    Wholesale trade 773 2.09

    Arts, entertainment, recreation 528 N/A

    Manufacturing 286 1.29

    Construction 268 9.26

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    4,282 12.66

    Average all sectors 236

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    Black-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Arts, entertainment, recreation 89 N/A

    Utilities 47 0.02

    Information 39 1.06

    Professional, scientific, technical services 35 13.65

    Wholesale trade 31 2.09

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    241 16.82

    Average all sectors 26

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    Asian-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Retail trade 21.87

    Accommodation, food services 18.84Health care, social assistance 12.95

    Professional, scientific, technical services 11.30

    Other services 10.41

    Sum of Top 5 Rate of Sector Participation 75.37

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    Asian-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Wholesale trade 1,181 7.88

    Retail trade 645 21.87

    Transportation, warehousing 443 1.34

    Information 411 0.63

    Construction 345 2.16

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    3,025 33.88

    Average all sectors 405

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    Asian-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Information 51 0.63

    Professional, scientific, technical services 49 11.30

    Health care, social assistance 47 12.95

    Transportation, warehousing 39 1.34

    Wholesale trade 32 7.88

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    218 34.10

    Average all sectors 27

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    Hispanic-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Construction 15.53

    Retail trade 12.59Professional, scientific, technical services 11.18

    Other services 9.16

    Accommodation, food services 8.96

    Sum of Top 5 Rate of Sector Participation 57.42

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    Hispanic-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Wholesale trade 1,058 5.20

    Mining, quarrying, oil/gas extraction 492 0.08

    Retail trade 444 12.59

    Utilities 341 0.02

    Manufacturing 321 3.19

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    2,656 21.08

    Average all sectors 306

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    Hispanic-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Arts, entertainment, recreation 57 1.07

    Health care, social assistance 44 8.33

    Utilities 43 0.02

    Mining, quarrying, oil/gas extraction 41 0.08

    Manufacturing 39 3.19

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    224 12.69

    Average all sectors 27

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    Veteran-Owned Microbusinesses

    Sector Rate of Sector

    Participation

    All sectors 100.00

    Professional, scientific, and technical services 19.7

    Construction 16.59Health care and social assistance 9.67

    Retail trade 8.78

    Finance and Insurnace 7.29

    Sum of Top 5 Rate of Sector Participation 62.03

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    Veteran-Owned Microbusinesses

    (contd): Sales and Receipts RatioSector Sales and

    Receipts

    Ratio

    Rate of

    Sector

    Participation

    Wholesale trade 1,148 5.79

    Management of companies and enterprises 676 0.11

    Mining, quarrying, and oil and gas extraction 566 0.45

    Retail trade 483 8.78

    Utilities 356 0.09

    Sum of Top 5 Sales and Receipts Ratio and Rate of

    Sector Participation

    3,229 15.22

    Average all sectors 336

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    Veteran-Owned Microbusinesses

    (contd): Annual Payroll RatioSector Annual

    Payroll

    Ratio

    Rate of

    Sector

    Participation

    Management of companies/enterprises 51 0.11

    Health care, social assistance 45 9.67

    Information 43 0.86

    Professional, scientific, technical services 40 19.7

    Arts, entertainment, recreation 39 0.97

    Sum of Top 5 Annual Payroll Ratio and Rate of

    Sector Participation

    218 31.31

    Average all sectors 33

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    Contact information

    James H. Carr

    [email protected]

    Katrin B. Anacker

    [email protected]

    mailto:[email protected]:[email protected]:[email protected]:[email protected]