U.S. Economic Census Forms for Businesses Due
January 11, 2013
by Penny Stacey, email@example.com
The U.S. Census Bureau is in the process of conducting its Economic
Census, taken every five years to look at the American businesses
and the economy. Forms, which are required by law by those who received
them, are due February 12.
The census looks at a range of information, such as operational
and performance data-such as physical location, type of business
activity (industry), employment, payroll, and revenue by type of
service or product.
Forms are sent to "all but the smallest businesses in nearly every
industry in the private, non-farm economy, and every geographic
area of the U.S., Puerto Rico, and other U.S. Island Areas," according
to information from the Census Bureau. Forms were sent out in the
middle of December. The Census also provides information about specific
industries, their outputs and inputs, and how they relate to each
"Although the precise cutoff varies from industry to industry,
most businesses with four or more paid employees, and a sample of
smaller ones, will receive a census form," writes the Census Bureau.
Additionally, for companies with multiple locations, the forms
are only sent to the company headquarters. Forms can be completed
online through the Census Bureau website for businesses with only
Information reported in the Census is kept confidential.
"Individual responses are added together to produce summary statistics
which do not divulge data about individual companies," writes the
Census Bureau. "Confidential information on census forms is exempt
from the Freedom of Information Act. No business competitor can
obtain the responses of another company, and even copies retained
in respondents' files are immune from legal process."
The penalty for not responding can be up to $5,000, and $10,000
for intentionally providing false information.
The results of the Census will be available next December.
This story is an original story by AGRR™ magazine/glassBYTEs.com™. Subscribe to AGRR™ Magazine.
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