SUMMARY OF FINDINGS___________________________________ENTERPRISE STATISTICS


=>SCOPE OF THIS REPORT

This report displays data collected for 4,610,829 companies with
payroll and within the scope of the 1992 Economic Census.  An
indication of the extent of coverage of the Enterprise Statistics
program is presented in table 1, which contains summary data for
virtually the entire business universe.  In 1992, 19,685,104 companies
were included in the United States business universe with employment
for all companies included in this universe of 92.4 million.  Most of
the companies not in the scope of the economic universe do not meet
the employment criteria.

=>INDUSTRY CHARACTERISTICS

In 1992, there were 4,610,829 companies within the scope of the
Economic Census, Company Summary, that employed 86.9 million people. 
The service sector made up the largest single component accounting for
just under 36 percent of the total number of companies in the
universe.  The retail sector was next with 23 percent of the total. 
The manufacturing sector accounted for only 7 percent of the total
number of companies, but it led all sectors with 28 percent of sales
and receipts.

The Eating and Drinking Places at the enterprise industry category
level (EIC 58) employed the greatest number of people 6,930,938 while
Grocery Stores (EIC 54.1) had the largest volume of sales and receipts
with approximately 360 billion.  The ten enterprise industry
categories accounting for the largest dollar volume of sales and
receipts for companies in 1992 are summarized in table A.

Table A. Ten Largest Enterprise Industry Categories in Sales and
Receipts: 1992

                                           Sales & 
    EIC   Enterprise industry             receipts   
    CODE  code                         (mil. dol.)
    54.1  Grocery stores                 359,479.6  
    51.4  Groceries and related products 354,583.7  
    55.1  New and used car dealers       346,717.2  
    60.2  Commercial banks               340,373.6  
    63.1  Life insurance                 313,992.6  
    63.9  Insurance Carriers NEC         301,230.8  
    37.1  Motor vehicles and equipment   295,809.6  
    80.6  Hospitals                      280,966.6  
    15    General building contractors   217,550.6  
    58    Eating and drinking places     213,404.9  

=>SIZE OF FIRM

Over 98 percent of all companies covered in the 1992 Economic Census
had less than  100 employees.  Companies primarily classified in
construction, wholesale trade, and service industries with less than
100 employees accounted for more than 56 percent of the receipts in
these areas.  By contrast, less than 12 percent of the manufacturing
division sales were generated by companies employing fewer than 100
employees, while 71 percent of their total sales and receipts came
from companies with over 1,000 employees.  See figure 1 for a
percentage distribution of companies and their sales and receipts by
employment size classes.

=>ANNUAL PAYROLL

Payroll per employee varied markedly across industries.  Companies
with receipts of greater than $ 1 billion a year paid their employees
an average of $30,771, while companies with receipts of less than $ 1
million paid their employees an average of only $22,364 per year. 
Mineral industries recorded the highest payroll per employee at
$34,280 followed by Finance, Insurance and Real Estate with $31,561. 
At the other end of the spectrum, retail trade companies averaged just
$13,152 per employee.  See figure 2 for average annual payroll per
employee by industry section.

=>GEOGRAPHIC CHARACTERISTICS

California had the largest number of companies with 568,686 and also
employed the largest number of employees, 9.6 million.  These
companies operated 690,960 establishments in California.  New York was
second in number of companies with 371,479 and 427,926 establishments,
respectively.  Table B shows the number of companies and the total
employment figures for the top ten ranking states in the nation.

Table B. Employment for the Ten Largest States in the Nation Ranked by
the Number of Companies: 1992

                  Number of         Total        
    State         companies    employment   
   California      568,686     9,601,546    
   New York        371,479     5,855,888    
   Texas           295,485     5,403,556    
   Florida         284,249     4,255,410    
   Illinois        212,755     4,150,961    
   Pennsylvania    206,700     3,987,908    
   Ohio            181,045     3,801,167    
   New Jersey      169,962     2,734,893    
   Michigan        160,736     3,024,274    
   North Carolina  122,003     2,423,256    

###