LFO GENERAL SUMMARY OF FINDINGS

=>INTRODUCTION
     
     The Legal Form of Organization report provides data by legal
     form of company organization and type of operation from the
     1992 Census of Construction Industries covering construction
     establishments with payroll.  In addition, limited data on
     construction establishments with no payroll during 1992,
     obtained from administrative records of the Federal
     Government, are also included.  (Establishments with no
     payroll are, for the most part, companies owned and operated
     by a single person.)
     
     As shown in the CC92LFO.dbf File, there were 1.9 million
     construction establishments in the United States operating
     in the construction industries.  These establishments
     accounted for $582 billion in total value of business done.
     
     Most of the 1.9 million construction establishments were
     individually owned.  There were 1.5 million individual
     proprietorships, accounting for 76 percent of all
     construction establishments.  However, these individual
     proprietorships accounted for only $74.1 billion in total
     value of business done, or 13 percent of all establishments. 
     Establishments classified as corporations accounted for 21
     percent of all establishments and 84 percent of the total
     value of business done.  Partnerships accounted for 3
     percent of all establishments and 3 percent of the total
     value of business done.  Establishments with other legal
     forms of organization and establishments which could not be
     classified accounted for the balance.

=>ESTABLISHMENTS WITH PAYROLL
     
     Selected statistics are shown by legal form of company
     organization and type of operation (single- or multiunit
     companies).  (See Technical Notes, File CC92T.NOT for
     definitions.)
     
     Total value of construction work for all construction
     establishments with payroll in 1992 amounted to $528
     billion.  Establishments of multiunit companies accounted
     for only 2 percent of all establishments, but accounted for
     21 percent of the total value of construction work. 
     Establishments of single-unit companies accounted for 98
     percent of the number of employer establishments and 79
     percent of the total value of construction work.
     
     There were 342,262 establishments that operated as
     corporations, accounting for 60 percent of all employer
     establishments.  They had total value of construction work
     of $470 billion, 89 percent of the value of all
     establishments.  There were 230,590 establishments, or 40
     percent that operated as individual proprietorships,
     partnerships, and other forms of organization which could
     not be classified.  They accounted for 11 percent of the
     total value of construction work.  Of these unincorporated
     establishments, 205,250 were organized as individual
     proprietorships, and 22,896 were partnerships. 
     Establishments with other legal forms of organization and
     establishments which could not be classified accounted for
     the balance.
     
     Establishments of multiunit companies, on the average, were
     larger than those of single-unit companies.  The average
     multiunit establishment had 69 employees and total value of
     construction work of $10.5 million.  The average single-unit
     establishment had only 7 employees and total value of
     construction work of $741 thousand.
     
     Establishments operating as corporations tended to be larger
     than those operating as partnerships or individual
     proprietorships.  The average corporate establishment had 12
     employees and total value of construction work of $1.4
     million.  The average partnership establishment had 5
     employees and total value of construction work of $622
     thousand.  The average for individual proprietorships was
     approximately 3 employees and total value of construction
     work of $203 thousand.  Statistics on establishments with
     payroll are shown in CC92LFO.dbf File.

=>ESTABLISHMENTS WITHOUT PAYROLL
     
     During 1992, there were 1.3 million establishments with no
     payroll classified as construction.  According to
     administrative records of the Federal Government, their
     value of business done during 1992 was $42.5 billion.  By
     far, most of these establishments, about 93 percent, were
     individual proprietorships accounting for 75 percent of the
     total value of business done. 

     For the establishments without payroll, only information on
     total value of business done was available from
     administrative records.  Statistics on establishments
     without payroll are shown in CC92LFO.dbf File.