South Carolina: 2002
2002 Economic Census Finance and Insurance
Geographic Area Series
Issued August 2005
EC02-52A-SC
U.S. Department of Commerce
Economics and Statistics Administration
U.S. CENSUS BUREAU
ACKNOWLEDGMENTS
This report was prepared in the Service Sector Statistics Division under the direction of Bobby E. Russell, Assistant Division Chief for Census Programs. Planning, management, and coordination of this report were under the supervision of Steven M. Roman, Chief, Utilities and Financial Census Branch, assisted by Steven L. Barron, Amy R. Houtz, Faye A. Jacobs, Pamela J. Palmer, Maria A. Poschinger, and Vannah L. Beatty. Primary staff assistance was provided by Diane M. Carodiskey, James B. Chandler, Sandra K. Creech, Michael J. Garger, Lolita V. Jones, Aaron Z. Potacki, Karyn N. Reynolds, Charles T. Spradlin, Marlo N. Thornton, and Brianna Wills. Mathematical and statistical techniques, as well as the coverage operations were provided by Ruth E. Detlefsen, Assistant Division Chief for Research and Methodology, assisted by Scot A. Dahl, Leader, Census/Current Integration Group, with staff assistance from Samson A. Adeshiyan and Anthony G. Tersine Jr. Eddie J. Salyers, Assistant Division Chief of Economic Planning and Coordination Division, was responsible for overseeing the editing and tabulation procedures and the interactive analytical software. Dennis Shoemaker and Kim Wortman, Special Assistants, John D. Ward, Chief, Analytical Branch, and Brandy L. Yarbrough, Chief, Edit Branch, were responsible for developing the systems and procedures for data collection, editing, review, and correction. Donna L. Hambric, Chief of the Economic Planning Staff, was responsible for overseeing the systems and information for dissemination. Douglas J. Miller, Chief, Tables and Dissemination Branch, assisted by Lisa Aispuro, Jamie Fleming, Keith Fuller, Andrew W. Hait, and Kathy G. Padgett were responsible for developing the data dissemination systems and procedures. The Geography Division staff, Robert LaMacchia, Chief, developed geographic coding procedures and associated computer programs. The Economic Statistical Methods and Programming Division, Howard R. Hogan, Chief, developed and coordinated the computer processing systems. Barry F. Sessamen, Assistant Division Chief for Post Collection, was responsible for design and implementation of the processing systems and computer programs. Gary T. Sheridan, Chief, Macro Analytical Branch, assisted by Apparao V. Katikineni and Edward F. Johnson provided computer programming and implementation. The Systems Support Division provided the table composition system. Robert Joseph Brown, Table Image Processing System (TIPS) Senior Software Engineer, was responsible for the design and development of the TIPS, under the supervision of Robert J. Bateman, Assistant Division Chief, Information Systems. The staff of the National Processing Center performed mailout preparation and receipt operations, clerical and analytical review activities, and data entry. Margaret A. Smith, Bernadette J. Beasley, Michael T. Browne, and Alan R. Plisch of the Administrative and Customer Services Division, Walter C. Odom, Chief, provided publication and printing management, graphics design and composition, and editorial review for print and electronic media. General direction and production management were provided by James R. Clark, Assistant Division Chief, and Susan L. Rappa, Chief, Publications Services Branch. Special acknowledgment is also due the many businesses whose cooperation contributed to the publication of these data.
South Carolina: 2002
Issued August 2005
EC02-52A-SC
2002 Economic Census Finance and Insurance
Geographic Area Series
U.S. Department of Commerce Carlos M. Gutierrez, Secretary David A. Sampson, Deputy Secretary
Economics and Statistics Administration Kathleen B. Cooper, Under Secretary for Economic Affairs
U.S. CENSUS BUREAU Charles Louis Kincannon, Director
ECONOMICS AND STATISTICS ADMINISTRATION
Economics and Statistics Administration Kathleen B. Cooper, Under Secretary for Economic Affairs
U.S. CENSUS BUREAU Charles Louis Kincannon, Director Hermann Habermann, Deputy Director and Chief Operating Officer
Thomas L. Mesenbourg, Associate Director for Economic Programs Thomas L. Mesenbourg, Acting Assistant Director for Economic Programs Mark E. Wallace, Chief, Service Sector Statistics Division
CONTENTS
Introduction to the Economic Census Finance and Insurance Tables 1. 2. Summary Statistics for the State: 2002 Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002
v ix
1 3
Appendixes A. B. C. D. E. Explanation of Terms NAICS Codes, Titles, and Descriptions Methodology Geographic Notes Metropolitan and Micropolitan Statistical Areas
Not applicable for this report.
A–1 B–1 C–1 E–1
Finance & Insurance Geo. Area Series
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South Carolina
iii
Introduction to the Economic Census
PURPOSES AND USES OF THE ECONOMIC CENSUS The economic census is the major source of facts about the structure and functioning of the nation’s economy. It provides essential information for government, business, industry, and the general public. Title 13 of the United States Code (Sections 131, 191, and 224) directs the Census Bureau to take the economic census every 5 years, covering years ending in “2” and “7.” The economic census furnishes an important part of the framework for such composite measures as the gross domestic product estimates, input/output measures, production and price indexes, and other statistical series that measure short-term changes in economic conditions. Specific uses of economic census data include the following: • Policymaking agencies of the federal government use the data to monitor economic activity and to assess the effectiveness of policies. • State and local governments use the data to assess business activities and tax bases within their jurisdictions and to develop programs to attract business. • Trade associations study trends in their own and competing industries, which allows them to keep their members informed of market changes. • Individual businesses use the data to locate potential markets and to analyze their own production and sales performance relative to industry or area averages. INDUSTRY CLASSIFICATIONS Data from the 2002 Economic Census are published primarily according to the 2002 North American Industry Classification System (NAICS). NAICS was first adopted in the United States, Canada, and Mexico in 1997. The 2002 Economic Census covers the following NAICS sectors: 21 22 23 31-33 42 44-45 48-49 51 52 53 54 55 56 61 62 71 72 81 Mining Utilities Construction Manufacturing Wholesale Trade Retail Trade Transportation and Warehousing Information Finance and Insurance Real Estate and Rental and Leasing Professional, Scientific, and Technical Services Management of Companies and Enterprises Administrative and Support and Waste Management and Remediation Services Educational Services Health Care and Social Assistance Arts, Entertainment, and Recreation Accommodation and Food Services Other Services (except Public Administration)
(Not listed above are the Agriculture, Forestry, Fishing, and Hunting sector (NAICS 11), partially covered by the census of agriculture conducted by the U.S. Department of Agriculture, and the Public Administration sector (NAICS 92), largely covered by the census of governments conducted by the Census Bureau.) The 20 NAICS sectors are subdivided into 100 subsectors (three-digit codes), 317 industry groups (four-digit codes), and, as implemented in the United States, 1,179 industries (six-digit codes). 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Introduction
v
RELATIONSHIP TO HISTORICAL INDUSTRY CLASSIFICATIONS Prior to the 1997 Economic Census, data were published according to the Standard Industrial Classification (SIC) system. While many of the individual NAICS industries correspond directly to industries as defined under the SIC system, most of the higher level groupings do not. Particular care should be taken in comparing data for retail trade, wholesale trade, and manufacturing, which are sector titles used in both NAICS and SIC, but cover somewhat different groups of industries. The 1997 Economic Census Bridge Between NAICS and SIC demonstrates the relationships between NAICS and SIC industries. Where changes are significant, it may not be possible to construct time series that include data for points both before and after 1997. Most industry classifications remained unchanged between 1997 and 2002, but NAICS 2002 includes substantial revisions within the construction and wholesale trade sectors, and a number of revisions for the retail trade and information sectors. These changes are noted in industry definitions and will be demonstrated in the Bridge Between NAICS 2002 and NAICS 1997. For 2002, data for enterprise support establishments (those functioning primarily to support the activities of their company’s operating establishments, such as a warehouse or a research and development laboratory) are included in the industry that reflects their activities (such as warehousing). For 1997, such establishments were termed auxiliaries and were excluded from industry totals. BASIS OF REPORTING The economic census is conducted on an establishment basis. A company operating at more than one location is required to file a separate report for each store, factory, shop, or other location. Each establishment is assigned a separate industry classification based on its primary activity and not that of its parent company. (For selected industries, only payroll, employment, and classification are collected for individual establishments, while other data are collected on a consolidated basis.) GEOGRAPHIC AREA CODING Accurate and complete information on the physical location of each establishment is required to tabulate the census data for states, metropolitan and micropolitan statistical areas, counties, and corporate municipalities (places) including cities, towns, townships, villages, and boroughs. Respondents were required to report their physical location (street address, municipality, county, and state) if it differed from their mailing address. For establishments not surveyed by mail (and those single-establishment companies that did not provide acceptable information on physical location), location information from administrative sources is used as a basis for coding. AVAILABILITY OF ADDITIONAL DATA All results of the 2002 Economic Census are available on the Census Bureau Internet site (www.census.gov) and on digital versatile discs (DVD-ROMs) for sale by the Census Bureau. The American FactFinder system at the Internet site allows selective retrieval and downloading of the data. For more information, including a description of reports being issued, see the Internet site, write to the U.S. Census Bureau, Washington, DC 20233-6100, or call Customer Services at 301763-4100. HISTORICAL INFORMATION The economic census has been taken as an integrated program at 5-year intervals since 1967 and before that for 1954, 1958, and 1963. Prior to that time, individual components of the economic census were taken separately at varying intervals. The economic census traces its beginnings to the 1810 Decennial Census, when questions on manufacturing were included with those for population. Coverage of economic activities was expanded for the 1840 Decennial Census and subsequent censuses to include mining and some commercial activities. The 1905 Manufactures Census was the first time a census was taken apart vi Introduction 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
from the regular decennial population census. Censuses covering retail and wholesale trade and construction industries were added in 1930, as were some service trades in 1933. Censuses of construction, manufacturing, and the other business censuses were suspended during World War II. The 1954 Economic Census was the first census to be fully integrated, providing comparable census data across economic sectors and using consistent time periods, concepts, definitions, classifications, and reporting units. It was the first census to be taken by mail, using lists of firms provided by the administrative records of other federal agencies. Since 1963, administrative records also have been used to provide basic statistics for very small firms, reducing or eliminating the need to send them census report forms. The range of industries covered in the economic census expanded between 1967 and 2002. The census of construction industries began on a regular basis in 1967, and the scope of service industries, introduced in 1933, was broadened in 1967, 1977, and 1987. While a few transportation industries were covered as early as 1963, it was not until 1992 that the census broadened to include all of transportation, communications, and utilities. Also new for 1992 was coverage of financial, insurance, and real estate industries. With these additions, the economic census and the separate census of governments and census of agriculture collectively covered roughly 98 percent of all economic activity. New for 2002 is coverage of four industries classified in the agriculture, forestry, and fishing sector under the SIC system: landscape architectural services, landscaping services, veterinary services, and pet care services. Printed statistical reports from the 1992 and earlier censuses provide historical figures for the study of long-term time series and are available in some large libraries. Reports for 1997 were published primarily on the Internet and copies of 1992 reports are also available there. CD-ROMs issued from the 1987, 1992, and 1997 Economic Censuses contain databases that include all or nearly all data published in print, plus additional statistics, such as ZIP Code statistics, published only on CD-ROM. SOURCES FOR MORE INFORMATION More information about the scope, coverage, classification system, data items, and publications for the 2002 Economic Census and related surveys is published in the Guide to the 2002 Economic Census at www.census.gov/econ/census02/guide. More information on the methodology, procedures, and history of the census will be published in the History of the 2002 Economic Census at www.census.gov/econ/www/history.html.
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Introduction
2002 Economic Census
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Finance and Insurance
SCOPE The Finance and Insurance sector (sector 52) comprises establishments of firms with payroll primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities are identified: 1. Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities. Establishments engaged in this activity use raised funds to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale and risk. This activity is known as financial intermediation. 2. Pooling of risk by underwriting insurance and annuities. Establishments engaged in this activity collect fees, insurance premiums, or annuity considerations; build up reserves; invest those reserves; and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected return on investment. 3. Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs. In addition, monetary authorities charged with monetary control are included in this sector. The subsectors, industry groups, and industries within the Finance and Insurance sector are defined on the basis of their unique production processes. As with all industries, the production processes are distinguished by their use of specialized human resources and specialized physical capital. In addition, the way in which these establishments acquire and allocate financial capital, their source of funds, and the use of those funds provides a third basis for distinguishing characteristics of the production process. For instance, the production process in raising funds through deposit-taking is different from the process of raising funds in bond or money markets. The process of making loans to individuals also requires different production processes than does the creation of investment pools or the underwriting of securities. Most of the Finance and Insurance subsectors contain one or more industry groups of (1) intermediaries with similar patterns of raising and using funds and (2) establishments engaged in activities that facilitate, or are otherwise related to, that type of financial or insurance intermediation. Industries within this sector are defined in terms of activities for which a production process can be specified, and many of these activities are not exclusive to a particular type of financial institution. To deal with the varied activities taking place within existing financial institutions, the approach is to split these institutions into components performing specialized services. This requires defining the units engaged in providing those services and developing procedures that allow for their delineation. For finance and insurance, these units are the equivalents of the establishments defined for other industries. The output of many financial services, as well as the inputs and the processes by which they are combined, cannot be observed at a single location and can only be defined at a higher level of the organizational structure of the enterprise. Additionally, a number of independent activities that represent separate and distinct production processes may take place at a single location belonging to a multilocation financial firm. Activities are more likely to be homogeneous with respect to production characteristics than are locations, at least in financial services. NAICS defines activities broadly enough that it can be used by those classifying by location and by those employing a more top-down approach to the delineation of the establishment. 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Finance & Insurance
ix
The Finance and Insurance sector has been defined to encompass establishments primarily engaged in financial transactions; that is, transactions involving the creation, liquidation, or change in ownership of financial assets or in facilitating financial transactions. Financial industries are extensive users of electronic means for facilitating the verification of financial balances, authorizing transactions, transferring funds to and from transactors’ accounts, notifying banks (or credit card issuers) of the individual transactions, and providing daily summaries. Since these transaction processing activities are integral to the production of finance and insurance services, establishments that principally provide a financial transaction processing service are classified to this sector, rather than to the data processing industry in the Information sector. Funds, trusts, and other financial vehicles (legal entities that hold portfolios of assets on behalf of others) are the fifth subsector of the Finance and Insurance sector. These entities earn interest, dividends, and other property income, but have little or no employment and no revenue from the sale of services. Separate establishments and employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities. Among depository institutions and insurance carriers, many locations with activities that might in other industries be considered as support or auxiliary activities (such as headquarters operations), are included in this report as operating locations. The reports described below exclude establishments of firms with no paid employees. These “nonemployers,” typically self-employed individuals or partnerships operating businesses that they have not chosen to incorporate, are reported separately in Nonemployer Statistics. The contribution of nonemployers, moderate for this sector, may be examined at www.census.gov/nonemployerimpact. Definitions. Industry categories are defined in Appendix B, NAICS Codes, Titles, and Descriptions. Other terms are defined in Appendix A, Explanation of Terms. REPORTS The following reports provide statistics on this sector. Industry Series. There are 10 reports, each covering a group of related industries. The reports present, by kind of business for the United States, general statistics for establishments of firms with payroll on number of establishments, revenue, payroll, and employment; comparative statistics for 2002 and 1997; product lines; and concentration of business activity in the largest firms. The data in industry reports are preliminary and subject to change in the following reports. Geographic Area Series. There is a separate report for each state, the District of Columbia, and the United States. Each state report presents, for establishments of firms with payroll, general statistics on number of establishments, revenue, payroll, and employment by kind of business for the state and metropolitan and micropolitan statistical areas. Greater kind-of-business detail is shown for larger areas. The United States report presents data for the United States as a whole for detailed kind-of-business classifications. Subject Series: • Product Lines. This report presents product lines data for establishments of firms with payroll by kind of business. Establishments may report negative revenue for selected product lines. Because of this, percentages for product lines may be in excess of 100 or less than 0. Data are presented for the United States only. • Establishment and Firm Size (Including Legal Form of Organization). This report presents revenue, payroll, and employment data for the United States by revenue size, by employment size, and by legal form of organization for establishments of firms with payroll; and by revenue size (including concentration by largest firms), by employment size, and by number of establishments operated (single units and multiunits) for firms with payroll. • Miscellaneous Subjects. This report presents data for a variety of industry-specific topics for establishments of firms with payroll. Presentation of data varies by kind of business. x Finance & Insurance 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Other reports. Data for this sector are also included in reports with multisector coverage, including Nonemployer Statistics, Comparative Statistics, Bridge Between 2002 NAICS and 1997 NAICS, Business Expenses, and the Survey of Business Owners reports. GEOGRAPHIC AREAS COVERED The level of geographic detail varies by report. Maps are available at www.census.gov/econ2002maps. Notes specific to areas in the state are included in Appendix D, Geographic Notes. Data may be presented for – 1. The United States as a whole. 2. States and the District of Columbia. 3. Metropolitan and micropolitan statistical areas. A core based statistical area (CBSA) contains a core area with a substantial population nucleus, together with adjacent communities having a high degree of social and economic integration with that core. CBSAs are differentiated into metropolitan and micropolitan statistical areas based on size criteria. Both metropolitan and micropolitan statistical areas are defined in terms of entire counties, and are listed in Appendix E, Metropolitan and Micropolitan Statistical Areas. a. Metropolitan Statistical Areas (metro areas). Metro areas have at least one urbanized area of 50,000 or more population, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties. b. Micropolitan Statistical Areas (micro areas). Micro areas have at least one urban cluster of at least 10,000, but less than 50,000 population, plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties. c. Metropolitan Divisions (metro divisions). If specified criteria are met, a metro area containing a single core with a population of 2.5 million or more may be subdivided to form smaller groupings of counties referred to as Metropolitan Divisions. d. Combined Statistical Areas (combined areas). If specified criteria are met, adjacent metro and micro areas, in various combinations, may become the components of a new set of areas called Combined Statistical Areas. The areas that combine retain their own designations as metro or micro areas within the larger combined area. DOLLAR VALUES All dollar values presented are expressed in current dollars; i.e., 2002 data are expressed in 2002 dollars, and 1997 data, in 1997 dollars. Consequently, when making comparisons with prior years, users of the data should consider the changes in prices that have occurred. All dollar values are shown in thousands of dollars. COMPARABILITY OF THE 1997 AND 2002 ECONOMIC CENSUSES Both the 2002 Economic Census and the 1997 Economic Census present data based on the North American Industry Classification System (NAICS). While there were revisions to some industries for 2002, none of those affect this sector. RELIABILITY OF DATA All data compiled for this sector are subject to nonsampling errors. Nonsampling errors can be attributed to many sources: inability to identify all cases in the actual universe; definition and classification difficulties; differences in the interpretation of questions; errors in recording or coding the data obtained; and other errors of collection, response, coverage, processing, and estimation for missing or misreported data. Data presented in the Miscellaneous Subjects and Product Lines reports for this sector are subject to sampling errors, as well as nonsampling errors. The accuracy of these tabulated data is determined by the joint effects of the various nonsampling errors or by the joint effects of sampling and nonsampling errors. No direct measurement of these effects has been obtained except for estimation for missing or misreported data, as by the 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Finance & Insurance
xi
percentages shown in the tables. Precautionary steps were taken in all phases of the collection, processing, and tabulation of the data in an effort to minimize the effects of nonsampling errors. More information on the reliability of the data is included in Appendix C, Methodology. DISCLOSURE In accordance with federal law governing census reports (Title 13 of the United States Code), no data are published that would disclose the operations of an individual establishment or business. However, the number of establishments in a kind-of-business classification is not considered a disclosure; therefore, this information may be released even though other information is withheld. Techniques employed to limit disclosure are discussed at www.census.gov/epcd/ec02/disclosure.htm. AVAILABILITY OF MORE FREQUENT ECONOMIC DATA The Census Bureau conducts the Service Annual Survey (SAS) each year. This survey, while providing more frequent observations, yields less kind-of-business and geographic detail than the economic census. In addition, the County Business Patterns program offers annual statistics on the number of establishments, employment, and payroll classified by industry within each county, and Statistics of U.S. Businesses provides annual statistics classified by the employment size of the enterprise, further classified by industry for the United States, and by broader categories for states and metropolitan areas. CONTACTS FOR DATA USERS Questions about these data may be directed to the U.S. Census Bureau, Service Sector Statistics Division, Utilities and Financial Census Branch, 1-800-541-8345 or fcb@census.gov. ABBREVIATIONS AND SYMBOLS The following abbreviations and symbols are used with these data: D N Q S X Z a b c e f g h i j k l m r – (CC) (IC) CDP Withheld to avoid disclosing data of individual companies; data are included in higher level totals Not available or not comparable Revenue not collected at this level of detail for multiestablishment firms Withheld because estimates did not meet publication standards Not applicable Less than half the unit shown 0 to 19 employees 20 to 99 employees 100 to 249 employees 250 to 499 employees 500 to 999 employees 1,000 to 2,499 employees 2,500 to 4,999 employees 5,000 to 9,999 employees 10,000 to 24,999 employees 25,000 to 49,999 employees 50,000 to 99,999 employees 100,000 employees or more Revised Represents zero (page image/print only) Consolidated city Independent city Census designated place
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Table 1.
Summary Statistics for the State: 2002
Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table]
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
SOUTH CAROLINA
52 521 5211 52111 521110 522 5221 52211 522110 5221101 5221102 52212 522120 5221201 52213 522130 5221301 5221309 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5222988 5223 52231 522310 52232 522320 52239 522390 523 5231 52311 523110 52312 523120 5239 52391 523910 52392 523920 52393 523930 52399 523991 524 5241 52411 524113 524114 52412 524126 524127 524128 52413 524130 5242 52421 524210 52429 524291 524292 524298 525 5259 52593 525930 Finance and insurance Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking National commercial banks banking State commercial banks banking Savings institutions Savings institutions Savings institutions federally chartered Credit unions Credit unions Credit unions federally chartered Credit unions not federally chartered Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Other business credit institutions Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Financial transactions processing, reserve, and clearinghouse activities Financial transactions processing, reserve, and clearinghouse activities Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Investment banking and securities dealing Investment banking and securities dealing Securities brokerage Securities brokerage Other financial investment activities Miscellaneous intermediation Miscellaneous intermediation Portfolio management Portfolio management Investment advice Investment advice All other financial investment activities Trust, fduciary, and custody activities Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Direct title insurance carriers Other direct insurance (except life, health, and medical) carriers Reinsurance carriers Reinsurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Third party administration of insurance and pension funds/ plans All other insurance related activities Funds, trusts, and other financial vehicles (part) Other investment pools and funds (part) Real Estate Investment Trusts REITs Real Estate Investment Trusts REITs See footnotes at end of table. 6 366 1 1 1 1 3 637 1 585 1 159 1 159 601 558 186 186 182 240 240 205 35 1 374 96 96 1 274 870 234 223 166 143 23 678 230 230 21 21 427 427 613 370 21 21 345 345 243 45 45 77 77 100 100 21 20 2 074 347 198 147 51 142 118 18 6 7 7 1 727 1 586 1 586 141 77 52 12 41 41 41 41 N – – – – N N Q Q Q Q Q Q Q 861 861 735 126 2 514 135 2 466 2 466 2 466 2 466 1 301 188 802 037 566 566 316 250 149 149 148 85 85 75 9 919 919 320 599 699 699 127 419 419 452 967 636 145 636 636 636 636 326 196 205 256 151 151 88 62 32 32 32 20 20 18 2 764 764 814 950 837 837 457 655 655 218 437 65 370 62 62 62 62 35 483 22 579 16 16 8 7 3 3 3 2 2 2 222 222 553 669 470 470 422 887 887 549 338 N – – – – N N Q Q Q Q Q Q Q 1.2 1.2 – 11.0 1.0 1.1 1.1 1.0 3.0 – D .1 – .1 – – – – – – – 3.2 1.6 15.8 15.8 .7 .7 10.7 3.6 3.6 7.8 7.8 29.2 29.2 6.3 D N Q Q Q Q Q Q Q Q Q Q 27.1 34.8 34.8 4.0 13.1 1.9 12.5 1.0 1.0 1.0 1.0 N – – – – N N Q Q Q Q Q Q Q .1 .1 .1 – 10.0 6.7 6.7 10.7 6.6 13.7 D 2.5 5.1 .4 9.5 9.1 9.1 18.8 18.8 7.7 7.7 2.9 1.9 13.4 13.4 1.6 1.6 7.6 4.0 4.0 4.0 4.0 20.2 20.2 6.8 D N Q Q Q Q Q Q Q Q Q Q 6.0 7.5 7.5 1.6 6.6 .8 .8 13.5 13.5 13.5 13.5
436 436 389 47
2 709 047 448 448 2 256 758 1 381 387 387 499 610 592 D 115 678 52 653 63 025
409 508 43 43 365 129 216 941 941 025 418 461 D 18 987 12 644 6 343
100 916 11 11 89 30 54 246 246 525 062 304 D 5 101 3 073 2 028
9 911 1 1 8 3 4 184 184 715 902 062 h 744 597 147
283 395 123 859 123 859 29 253 29 253 130 283 130 283 557 411 460 071 13 13 444 444 017 017 830 830
89 643 53 561 53 561 3 038 3 038 33 044 33 044 199 728 170 048 6 6 163 163 133 133 570 570
20 024 11 411 11 411 532 532 8 081 8 081 54 213 46 957 1 1 45 45 301 301 644 644
2 993 1 305 1 305 59 59 1 629 1 629 3 232 2 540 70 70 2 467 2 467 692 203 203 216 216 208 208 65 b 26 453 16 797 14 3 10 2 2 488 759 729 177 074 b b 132 132 9 656 6 994 6 994 2 662 428 2 171 63 140 140 140 140
97 340 35 35 36 36 20 20 4 677 677 556 556 562 562 545 D N Q Q Q Q Q Q Q Q Q Q 955 665 716 716 239 35 126 126 539 370
29 680 7 7 13 13 6 6 2 168 168 495 495 596 596 421 D
7 256 2 2 2 2 1 1 014 014 978 978 586 586 678 D
1 004 623 640 226 531 157 374 102 98 968 440 528 381 212 D
253 394 167 515 138 41 96 27 25 624 749 875 142 995 D
D 5 877 5 877 364 397 258 258 105 14 525 525 872 795
D 1 749 1 749 85 879 60 60 24 3 954 954 925 666
195 730 8 439 89 527 89 527 89 527 89 527
88 065 3 012 6 130 6 130 6 130 6 130
20 591 668 1 706 1 706 1 706 1 706
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
1
Table 1.
Summary Statistics for the State: 2002 Con.
revenue information obtained from administrative records of other federal agencies. revenue information that was imputed based on historic data, administrative data, industry averages, or other statistical methods.
1Includes 2Includes
Note: The data in this table are based on the 2002 Economic Census. To maintain confidentiality, the Census Bureau suppresses data to protect the identity of any business or individual. The census results in this table contain nonsampling error. Data users who create their own estimates using data from this table should cite the Census Bureau as the source of the original data only. See also explanation of terms and geographic definitions. For the full technical documentation, see Appendix C.
2
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
CHARLOTTE GASTONIA SALISBURY, NC SC COMBINED STATISTICAL AREA
52 521 5211 52111 521110 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5222988 5223 52231 522310 52232 522320 52239 522390 523 5231 52311 523110 52312 523120 5239 52391 523910 52392 523920 52393 523930 52399 523991 524 5241 52411 524113 524114 52412 524126 524127 52413 524130 5242 52421 524210 52429 524291 524292 524298 525 5259 52593 525930 Finance and insurance Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Other business credit institutions Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Financial transactions processing, reserve, and clearinghouse activities Financial transactions processing, reserve, and clearinghouse activities Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Investment banking and securities dealing Investment banking and securities dealing Securities brokerage Securities brokerage Other financial investment activities Miscellaneous intermediation Miscellaneous intermediation Portfolio management Portfolio management Investment advice Investment advice All other financial investment activities Trust, fduciary, and custody activities Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Direct title insurance carriers Reinsurance carriers Reinsurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Third party administration of insurance and pension funds/ plans All other insurance related activities Funds, trusts, and other financial vehicles (part) Other investment pools and funds (part) Real Estate Investment Trusts REITs Real Estate Investment Trusts REITs See footnotes at end of table. 3 546 1 1 1 1 1 688 831 701 701 36 36 94 94 537 88 88 446 165 198 195 83 60 23 320 159 159 13 13 148 148 N 422 129 422 129 422 129 422 129 N N Q Q Q Q 206 119 206 119 5 648 196 4 271 216 4 271 216 D D D D D D D D D D D D D D 5 111 418 17 929 17 929 17 929 17 929 D D 2 788 147 2 788 147 D D 32 952 32 952 618 405 377 941 377 941 D D D D D D D D D D D D D D 1 730 742 4 570 4 570 4 570 4 570 D D 1 049 680 1 049 680 D D 7 868 7 868 154 524 94 408 94 408 D D D D D D D D D D D D D D 78 066 379 379 379 379 l k 36 047 36 047 f f 1 175 1 175 10 266 4 725 4 725 i g h h f e e g g g e e f f N – – – – N N Q Q Q Q .3 .3 .2 – – D D D D D D D D D D D D D D N – – – – N N Q Q Q Q – – 8.2 4.5 4.5 D D D D D D D D D D D D D D
452 226 25 25 194 194 226 39 39 69 69 106 106 12 12 1 364 330 145 111 34 171 142 27 14 14 1 034 933 933 101 34 49 18 41 41 41 41
4 899 050 D D D D D D D D 103 476 103 476 D D D D N Q Q Q Q Q Q Q Q Q D D D D D D D D D D D
562 909 D D D D D D D D 38 679 38 679 D D D D D D D D D D D D 16 152 16 152 D D D D D D D D D D D
224 540 D D D D D D D D 16 668 16 668 D D D D D D D D D D D D 5 291 5 291 D D D D D D D D D D D
6 595 i f f h h f b b 491 491 e e c c j j i i g i i c 217 217 i i i g e g c c c c c
.3 D D D D D D D D 3.4 3.4 D D D D N Q Q Q Q Q Q Q Q Q D D D D D D D D D D D
.7 D D D D D D D D 4.7 4.7 D D D D N Q Q Q Q Q Q Q Q Q D D D D D D D D D D D
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
3
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
CHARLOTTE GASTONIA SALISBURY, NC SC COMBINED STATISTICAL AREA Con. Albemarle, NC Micropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 523 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages 68 40 22 18 18 11 11 N N N Q Q D D 11 456 8 745 D 5 198 5 198 D D 2 933 2 212 D 1 331 1 331 D D 441 354 e 235 235 b b N N N Q Q D D N N N Q Q D D
4 24 22 22 22
D N 11 054 11 054 11 054
D D 2 007 2 007 2 007
D D 531 531 531
a b 69 69 69
D N 18.9 18.9 18.9
D N 6.3 6.3 6.3
524 5242 52421 524210
Charlotte Gastonia Concord, NC SC Metropolitan Statistical Area
52 521 5211 52111 521110 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5222988 5223 52231 522310 52232 522320 52239 522390 523 5231 52311 523110 52312 523120 5239 52391 523910 52392 523920 52393 523930 52399 523991 Finance and insurance Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Other business credit institutions Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Financial transactions processing, reserve, and clearinghouse activities Financial transactions processing, reserve, and clearinghouse activities Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Investment banking and securities dealing Investment banking and securities dealing Securities brokerage Securities brokerage Other financial investment activities Miscellaneous intermediation Miscellaneous intermediation Portfolio management Portfolio management Investment advice Investment advice All other financial investment activities Trust, fduciary, and custody activities See footnotes at end of table. 2 883 1 1 1 1 1 338 647 561 561 23 23 63 63 432 81 81 348 105 186 184 57 40 17 259 135 135 12 12 112 112 N 422 129 422 129 422 129 422 129 N N Q Q Q Q 122 523 122 523 5 566 509 4 261 170 4 261 170 D 348 424 736 348 D D D 176 295 308 096 190 396 190 396 D D D D 4 966 548 17 929 17 929 17 929 17 929 3 470 188 2 782 359 2 742 120 2 742 120 20 227 20 227 20 012 20 012 604 457 376 152 376 152 D 39 301 164 487 D D D 18 943 83 372 54 675 54 675 D D D D 1 694 540 4 570 4 570 4 570 4 570 1 218 657 1 049 425 1 038 558 1 038 558 5 982 5 982 4 885 4 885 150 783 93 981 93 981 D 9 213 41 003 D D D 5 129 18 449 11 465 11 465 D D D D 73 472 379 379 379 379 47 033 35 379 34 330 34 330 326 326 723 723 9 837 4 684 4 684 i 1 287 3 325 h f c 313 1 817 965 965 e e f f N – – – – N N Q Q Q Q .3 .3 .1 – – D .7 .3 D D D .1 2.3 3.4 3.4 D D D D N – – – – N N Q Q Q Q – – 8.2 4.4 4.4 D 39.1 15.8 D D D 3.2 7.0 6.0 6.0 D D D D
384 183 20 20 156 156 201 37 37 65 65 88 88 11 11
4 874 202 D D D 3 056 791 3 056 791 D D D 101 361 101 361 D D D D
554 960 D D D 407 194 407 194 D D D 37 963 37 963 D D D D
222 648 D D D 161 322 161 322 D D D 16 490 16 490 D D D D
6 434 i f f 4 705 4 705 f b b 473 473 c c c c
.3 D D D – – D D D 3.1 3.1 D D D D
.7 D D D .6 .6 D D D 4.8 4.8 D D D D
4
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
CHARLOTTE GASTONIA SALISBURY, NC SC COMBINED STATISTICAL AREA Con. Charlotte Gastonia Concord, NC SC Metropolitan Statistical Area Con.
52 524 5241 52411 524113 524114 52412 524126 524127 52413 524130 5242 52421 524210 52429 524291 524292 524298 525 5259 52593 525930 Finance and insurance Con. Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Direct title insurance carriers Reinsurance carriers Reinsurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Third party administration of insurance and pension funds/ plans All other insurance related activities Funds, trusts, and other financial vehicles (part) Other investment pools and funds (part) Real Estate Investment Trusts REITs Real Estate Investment Trusts REITs 1 120 299 133 102 31 152 126 24 14 14 821 726 726 95 32 46 17 40 40 40 40 N Q Q Q Q Q Q Q Q Q 698 008 522 141 522 141 175 867 D D D 95 088 95 088 95 088 95 088 917 481 612 831 318 244 73 278 272 294 542 752 385 709 D 16 152 16 152 247 388 175 915 91 70 20 79 77 610 874 736 014 618 D 5 291 5 291 19 493 13 473 6 5 1 6 6 946 081 865 310 178 c 217 217 N Q Q Q Q Q Q Q Q Q 22.2 28.1 28.1 4.9 D D D .4 .4 .4 .4 N Q Q Q Q Q Q Q Q Q 9.0 10.2 10.2 5.5 D D D 8.9 8.9 8.9 8.9
304 650 230 554 230 554 74 096 D D D 5 990 5 990 5 990 5 990
71 473 52 377 52 377 19 096 D D D 1 277 1 277 1 277 1 277
6 020 4 303 4 303 1 717 e g c 133 133 133 133
Chester, SC Micropolitan Statistical Area
52 522 5222 52229 522291 524 Finance and insurance Credit intermediation and related activities Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Insurance carriers and related activities 31 22 10 10 10 9 N N 3 930 3 930 3 930 N 4 140 D 799 799 799 D 1 018 D 185 185 185 D 153 c 29 29 29 b N N – – – N N N – – – N
Lancaster, SC Micropolitan Statistical Area
52 522 5221 5222 52229 522291 5223 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages 69 44 17 17 14 11 10 N N N 15 000 D D D 37 690 D 10 360 2 961 D D D 9 175 D 2 398 726 D D D 1 038 e 295 99 b b b N N N – D D D N N N 26.7 D D D
2 23 20 18 18
D N D D D
D 23 423 D D D
D 5 805 D D D
a 603 e b b
D N D D D
D N D D D
Lincolnton, NC Micropolitan Statistical Area
52 522 5221 52211 522110 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages See footnotes at end of table. 67 32 20 16 16 8 27 25 24 24 N N N Q Q D N D D D 9 752 7 470 D 5 089 5 089 D D D D D 2 345 1 834 D 1 191 1 191 D D D D D 321 241 c 160 160 a b b b b N N N Q Q D N D D D N N N Q Q D N D D D
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
5
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
CHARLOTTE GASTONIA SALISBURY, NC SC COMBINED STATISTICAL AREA Con. Salisbury, NC Micropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 5223 523 5231 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) 138 71 43 33 33 17 16 11 N N N Q Q D D D 25 813 16 172 13 898 11 337 11 337 D D D 6 630 4 039 3 499 2 700 2 700 D D D 800 567 487 393 393 b b b N N N Q Q D D D N N N Q Q D D D
15 10 51 45 44 44 1
D D N D 16 605 16 605 D
D D 7 650 D 5 334 5 334 D
D D 2 154 D 1 368 1 368 D
b b 199 c 147 147 a
D D N D 62.4 62.4 D
D D N D 3.9 3.9 D
524 5242 52421 524210 525
Shelby, NC Micropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages 111 58 37 29 29 17 16 13 40 33 31 31 N N N Q Q 13 416 D 7 581 N D D D 21 761 13 361 11 336 9 631 9 631 1 833 D 1 756 6 644 D D D 5 494 3 304 2 794 2 378 2 378 466 D 410 1 780 D D D 715 486 408 344 344 67 b 30 199 c c c N N N Q Q 3.9 D 26.1 N D D D N N N Q Q .1 D – N D D D
Statesville Mooresville, NC Micropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 522291 5223 52231 522310 523 5231 52312 523120 5239 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages See footnotes at end of table. 179 83 37 33 33 26 25 13 20 13 13 26 14 13 13 12 70 61 61 61 N N N Q Q 26 875 D 12 774 7 354 5 899 5 899 6 987 D D D D N 21 427 21 427 21 427 34 258 22 388 14 410 12 123 12 123 5 197 D 1 558 2 781 2 418 2 418 2 615 D D D D 9 255 7 575 7 575 7 575 8 607 5 655 3 482 2 818 2 818 1 576 D 409 597 512 512 633 D D D D 2 319 1 929 1 929 1 929 1 126 797 567 497 497 141 c 52 89 66 66 66 b b b b 263 224 224 224 N N N Q Q 10.1 D .3 34.7 36.3 36.3 13.9 D D D D N 43.8 43.8 43.8 N N N Q Q 1.8 D 2.7 .1 .1 .1 10.3 D D D D N 2.0 2.0 2.0
6
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
COLUMBIA NEWBERRY, SC COMBINED STATISTICAL AREA
52 521 5211 52111 521110 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 52392 523920 52393 523930 524 5241 52411 524113 524114 52412 524126 5242 52421 524210 52429 524291 524292 Finance and insurance Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Portfolio management Portfolio management Investment advice Investment advice Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Third party administration of insurance and pension funds/ plans Funds, trusts, and other financial vehicles (part) Other investment pools and funds (part) Real Estate Investment Trusts REITs Real Estate Investment Trusts REITs 1 371 1 1 1 1 671 282 201 201 22 22 59 59 254 30 30 222 133 57 54 32 27 135 57 57 69 69 N – – – – N N Q Q Q Q D D 1 405 318 95 319 95 319 D D D D D D 79 373 37 37 22 22 229 229 925 925 961 958 2 466 2 466 2 466 2 466 426 292 227 626 D D D D D D 173 219 13 673 13 673 D D D D D D 25 447 19 19 4 4 331 331 700 700 249 435 636 636 636 636 112 144 60 555 D D D D D D 46 068 3 544 3 544 D D D D D D 5 521 4 4 1 1 064 064 075 075 21 926 62 62 62 62 9 195 5 135 h h e e f f 3 400 274 274 h f g g b b 660 423 423 207 207 N – – – – N N Q Q Q Q D D .9 .4 .4 D D D D D D – – – – – N – – – – N N Q Q Q Q D D 12.2 17.5 17.5 D D D D D D 4.9 1.2 1.2 14.6 14.6
126 73 65 65 53 11 11 27 27 559 129 66 48 18 60 51 430 381 381 49 26 17 14 14 14 14
D D D D D 2 660 2 660 D D N Q Q Q Q Q Q D D D 76 299 21 456 49 323 32 504 32 504 32 504 32 504
D D D D D 869 869 D D D D 321 226 D D D D D D D 31 281 9 414 20 186 2 199 2 199 2 199 2 199
D D D D D 184 184 D D D D 83 103 D D D D D D D 7 381 2 410 4 565 552 552 552 552
f f f f c 21 21 b b j i 7 906 g i g g g g g 808 254 530 60 60 60 60
D D D D D 5.6 5.6 D D N Q Q Q Q Q Q D D D 4.7 13.7 .9 1.4 1.4 1.4 1.4
D D D D D 25.0 25.0 D D N Q Q Q Q Q Q D D D .2 .8 – – – – –
525 5259 52593 525930
Columbia, SC Metropolitan Statistical Area
52 521 5211 52111 521110 Finance and insurance Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank Monetary authorities central bank See footnotes at end of table. 1 322 1 1 1 1 N – – – – 956 209 2 466 2 466 2 466 2 466 247 972 636 636 636 636 21 721 62 62 62 62 N – – – – N – – – –
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
7
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
COLUMBIA NEWBERRY, SC COMBINED STATISTICAL AREA Con. Columbia, SC Metropolitan Statistical Area
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 52392 523920 52393 523930 524 5241 52411 524113 524114 52412 524126 5242 52421 524210 52429 524291 524292 525 5259 52593 525930 Finance and insurance Con. Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Portfolio management Portfolio management Investment advice Investment advice Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Third party administration of insurance and pension funds/ plans Funds, trusts, and other financial vehicles (part) Other investment pools and funds (part) Real Estate Investment Trusts REITs Real Estate Investment Trusts REITs
Con.
637 270 193 193 19 19 58 58 237 30 30 205 119 56 54 30 26 130 57 57 64 64 123 71 63 63 52 11 11 26 26 547 127 66 48 18 58 49 420 371 371 49 26 17 14 14 14 14 N N Q Q Q Q D D 1 399 666 95 319 95 319 D 229 999 1 059 190 D D D 78 575 37 37 22 22 229 229 127 127 421 877 224 315 161 986 161 986 D D D D 172 279 13 673 13 673 D 26 041 130 219 D D D 25 283 19 19 4 4 331 331 536 536 110 988 59 679 46 215 46 215 D D D D 45 823 3 544 3 544 D 6 073 35 622 D D D 5 486 4 4 1 1 064 064 040 040 9 048 5 040 4 036 4 036 e e f f 3 356 274 274 h 879 2 120 g b b 652 423 423 199 199 867 742 707 707 125 21 21 64 64 11 684 9 309 7 906 g i g 1 220 2 375 1 567 1 567 808 254 530 60 60 60 60 N N Q Q Q Q D D .9 .4 .4 D 5.6 – D D D – – – – – 1.8 – – – 16.2 5.6 5.6 23.3 23.3 N Q Q Q Q Q Q 24.6 33.4 33.4 4.7 13.7 .9 1.4 1.4 1.4 1.4 N N Q Q Q Q D D 12.2 17.5 17.5 D 6.5 13.1 D D D 4.9 1.2 1.2 15.1 15.1 2.6 1.4 .2 .2 12.4 25.0 25.0 6.0 6.0 N Q Q Q Q Q Q 4.7 6.7 6.7 .2 .8 – – – – –
142 520 126 862 124 061 124 061 15 658 2 2 9 9 660 660 047 047 N Q Q Q Q Q Q 248 362 172 172 76 21 063 063 299 456
48 130 43 195 42 094 42 094 4 935 869 869 2 692 2 692 481 537 386 946 321 226 D D D 57 589 94 591 63 63 31 9 310 310 281 414
13 110 11 905 11 368 11 368 1 205 184 184 616 616 122 686 100 610 83 103 D D D 15 090 22 076 14 14 7 2 695 695 381 410
49 323 32 504 32 504 32 504 32 504
20 186 2 199 2 199 2 199 2 199
4 565 552 552 552 552
Newberry, SC Micropolitan Statistical Area
52 522 5221 5222 52229 522291 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages See footnotes at end of table. 49 34 12 17 17 14 3 12 10 10 10 N N N 5 652 5 652 D D N D D D 5 749 4 415 3 311 940 940 D D D D D D 1 463 1 156 876 245 245 D D D D D D 205 147 95 44 44 b a b b b b N N N – – D D N D D D N N N 8.1 8.1 D D N D D D
8
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
GREENVILLE ANDERSON SENECA, SC COMBINED STATISTICAL AREA
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 52391 523910 52392 523920 52393 523930 524 5241 52411 524113 524114 52412 524126 5242 52421 524210 52429 524291 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Miscellaneous intermediation Miscellaneous intermediation Portfolio management Portfolio management Investment advice Investment advice Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Funds, trusts, and other financial vehicles (part) 1 278 704 317 237 237 38 38 42 42 249 24 24 224 140 53 52 30 25 138 55 55 83 83 149 82 77 77 67 12 12 23 23 27 27 418 60 35 23 12 24 21 358 335 335 23 13 7 N N N Q Q Q Q D D 475 125 270 115 270 115 D 104 546 80 199 D D D 49 346 32 32 17 17 204 204 142 142 D D D D D D D 8 827 8 827 D D N Q Q Q Q Q Q D 168 650 168 650 D D D 453 161 235 968 144 185 123 885 123 885 D D D D 74 099 19 653 19 653 D 18 254 31 971 D D D 17 684 12 12 4 4 929 929 755 755 D D D D D D D 3 770 3 770 D D D 75 459 D D 11 278 14 542 D D 64 921 64 921 D D D 116 160 58 324 37 346 32 741 32 741 D D D D 16 950 5 123 5 123 D 4 096 6 547 D D D 4 028 2 2 1 1 849 849 179 179 D D D D D D D 876 876 D D D 20 769 D D 2 727 3 871 D D 17 176 17 176 D D D 11 740 7 124 4 663 3 980 3 980 e e e e 1 832 587 587 g 562 520 f c b 629 381 381 248 248 f e e e c b b 65 65 b b h 1 449 g f 253 304 e h 1 618 1 618 f b a N N N Q Q Q Q D D .8 .2 .2 D 3.1 – D D D – – – – – D D D D D D D 6.9 6.9 D D N Q Q Q Q Q Q D 26.8 26.8 D D D N N N Q Q Q Q D D 2.5 1.6 1.6 D 3.7 4.1 D D D 8.9 12.9 12.9 1.3 1.3 D D D D D D D .1 .1 D D N Q Q Q Q Q Q D 4.9 4.9 D D D
Anderson, SC Metropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 522291 522292 5223 52239 522390 523 5231 52312 523120 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages See footnotes at end of table. 226 141 63 48 48 54 51 35 10 24 17 17 25 20 17 17 60 53 51 51 N N N Q Q 42 556 D 26 494 11 693 4 210 D D 9 001 8 161 7 887 7 887 N D 17 485 17 485 39 600 27 117 19 379 13 649 13 649 6 290 D 3 485 2 031 1 448 D D 3 582 3 307 3 177 3 177 8 901 D 5 711 5 711 9 670 6 577 4 617 3 585 3 585 1 553 D 789 565 407 D D 842 798 787 787 2 251 D 1 333 1 333 1 362 976 636 465 465 200 c 119 43 140 b b 77 69 68 68 309 c 209 209 N N N Q Q 1.6 D 1.0 – – D D 7.9 7.4 5.4 5.4 N D 47.4 47.4 N N N Q Q .4 D .3 – 2.8 D D 2.5 1.2 – – N D 2.5 2.5
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
9
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
GREENVILLE ANDERSON SENECA, SC COMBINED STATISTICAL AREA Con. Greenville, SC Metropolitan Statistical Area
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 52391 523910 52392 523920 52393 523930 524 5241 52411 524113 524114 52412 524126 5242 52421 524210 52429 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Miscellaneous intermediation Miscellaneous intermediation Portfolio management Portfolio management Investment advice Investment advice Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Funds, trusts, and other financial vehicles (part) 976 518 231 174 174 25 25 32 32 180 20 20 160 93 43 43 23 18 107 47 47 60 60 113 57 55 55 56 11 11 19 19 22 22 338 52 30 18 12 21 18 286 267 267 19 7 3 3 8 8 2 2 N N N Q Q Q Q 35 769 35 769 420 451 263 263 156 71 68 68 16 4 997 997 454 888 506 506 048 596 401 325 199 884 118 137 105 105 5 5 6 6 665 665 978 978 494 494 103 381 49 460 31 023 27 27 1 1 1 1 934 934 413 413 676 676 9 983 5 850 3 818 3 378 3 378 224 224 216 216 1 560 560 560 1 000 400 477 477 121 54 472 274 274 198 198 f e 400 400 c 19 19 53 53 29 29 3 595 1 351 1 055 802 253 e 283 2 244 1 351 1 351 893 a N N N Q Q Q Q 1.7 1.7 .7 .1 .1 1.9 4.1 – – – – – – – – – D D – – D – – 6.7 6.7 55.7 55.7 N Q Q Q Q Q Q 14.9 22.5 22.5 1.7 D N N N Q Q Q Q – – 2.0 .5 .5 4.7 5.3 4.8 4.8 1.2 4.3 9.7 13.2 13.2 1.7 1.7 D D .2 .2 D 18.5 18.5 .2 .2 7.2 7.2 N Q Q Q Q Q Q 3.5 5.3 5.3 .5 D
65 913 18 18 47 13 29 29 3 1 852 852 061 814 940 940 306 153
14 910 4 4 9 3 5 5 913 913 997 064 982 982 950 305
43 864 30 30 13 13 565 565 299 299 D D 64 272 64 272 D 699 699 087 087 601 601 N Q Q Q Q Q Q 228 876 145 765 145 765 83 111 D
15 834 12 12 3 3 233 233 601 601 D D 25 890 25 890 D 503 503 3 539 3 539 771 771 168 742 72 297 58 155 46 877 11 278 D 13 751 96 445 57 450 57 450 38 995 D
3 527 2 626 2 626 901 901 D D 7 673 7 673 D 126 126 833 833 186 186 44 480 19 855 16 125 13 398 2 727 D 3 634 24 625 15 431 15 431 9 194 D
Seneca, SC Micropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 522291 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages See footnotes at end of table. 76 45 23 15 15 15 13 12 11 20 19 17 17 N N N Q Q 12 118 D 6 164 D N D 5 400 5 400 12 236 8 967 6 669 4 571 4 571 1 896 D 955 D D D 1 760 1 760 3 109 2 287 1 706 1 222 1 222 487 D 243 D D D 412 412 395 298 209 137 137 72 b 43 b b b 58 58 N N N Q Q – D – D N D 75.9 75.9 N N N Q Q 25.2 D – D N D 3.4 3.4
10
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
MYRTLE BEACH CONWAY GEORGETOWN, SC COMBINED STATISTICAL AREA
52 522 5221 52211 522110 52212 522120 5222 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities 442 258 141 114 114 21 21 72 69 38 16 16 15 13 45 17 17 24 24 N N N Q Q Q Q 109 028 D 79 653 D D D D 15 848 D D D D 157 032 94 933 54 761 44 44 7 7 421 421 897 897 37 837 22 777 13 881 11 11 2 2 202 202 106 106 4 403 2 487 1 686 1 363 1 363 237 237 647 f 464 b b c c 154 b b b b N N N Q Q Q Q .3 D – D D D D – D D D D N N N Q Q Q Q 4.7 D 1.1 D D D D .2 D D D D
35 616 D 28 442 D D D D 4 556 D D D D
7 860 D 6 249 D D D D 1 036 D D D D
49 35 32 32 14
54 284 D D D D
12 021 D D D D
3 038 D D D D
174 c c c b
8.2 D D D D
2.0 D D D D
524 5241 52411 524113 5242 52421 524210 52429 525
Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Funds, trusts, and other financial vehicles (part)
131 19 13 12 112 101 101 11 4
N Q Q Q D 51 289 51 289 D D
D D D D D 18 040 18 040 D D
D D D D D 4 094 4 094 D D
g g g c f 501 501 b b
N Q Q Q D 40.3 40.3 D D
N Q Q Q D 3.7 3.7 D D
Georgetown, SC Micropolitan Statistical Area
52 522 5221 52211 522110 5222 52229 522291 523 5231 52312 523120 524 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) See footnotes at end of table. 96 53 29 20 20 16 15 13 N N N Q Q 65 976 D 62 451 40 737 34 715 7 704 4 331 4 331 26 391 D 25 585 9 312 7 836 1 907 1 102 1 102 5 787 D 5 553 798 665 250 141 141 391 e 376 N N N Q Q – D – N N N Q Q 1.4 D .7
16 12 10 10 26 23 21 21 1
22 674 D D D N D 7 760 7 760 D
2 682 D D D D D 2 341 2 341 D
647 D D D D D 480 480 D
42 b b b b b 71 71 a
7.9 D D D N D 46.5 46.5 D
.1 D D D N D 19.1 19.1 D
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
11
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
MYRTLE BEACH CONWAY GEORGETOWN, SC COMBINED STATISTICAL AREA Con. Myrtle Beach Conway North Myrtle Beach, SC Metropolitan Statistical Area
52 522 5221 52211 522110 52212 522120 5222 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 524 5241 52411 524113 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) 346 205 112 94 94 15 15 56 54 25 15 15 14 12 37 16 16 17 17 33 23 22 22 10 105 16 11 10 89 80 80 3 N N N Q Q Q Q 43 052 17 14 14 7 D 202 126 126 D 913 116 295 60 218 47 057 40 090 40 090 D D 9 225 2 3 3 1 D 857 701 701 D 986 28 525 14 941 11 974 10 100 10 100 D D 2 073 D 696 713 713 D 475 894 685 685 D D 2 391 D 2 289 2 289 D 11 058 7 180 7 020 D 3 878 3 614 3 614 135 3 605 1 822 1 436 1 222 1 222 c c 256 c 88 43 43 c 104 130 81 81 b b 132 c 111 111 b 1 622 1 157 1 149 c 465 430 430 29 N N N Q Q Q Q .8 D – – – D – – – – D D 8.4 D 3.9 3.9 D N Q Q Q 37.9 39.2 39.2 – N N N Q Q Q Q 9.8 D 2.4 26.8 26.8 D .1 .3 .4 .4 D D 3.4 D 3.5 3.5 D N Q Q Q 1.1 1.0 1.0 32.0
13 946 8 488 8 488 D D 31 610 D 28 863 28 863 D N Q Q Q 45 871 43 529 43 529 12 378
3 936 3 054 3 054 D D 9 339 D 8 964 8 964 D 46 189 29 524 28 801 D 16 665 15 699 15 699 549
SPARTANBURG GAFFNEY UNION, SC COMBINED STATISTICAL AREA
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52229 522291 522292 522298 5222981 5223 52239 522390 523 5231 52312 523120 524 5241 52411 52412 524126 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) See footnotes at end of table. 492 309 124 89 89 20 20 15 15 130 122 93 10 19 17 55 46 46 35 27 25 25 147 23 11 12 12 124 115 115 1 N N N Q Q Q Q D D D D D 13 908 D D D D D D D 41 619 41 619 N Q Q Q Q D D D D 136 297 78 595 44 190 33 420 33 420 D D D D D D D 3 835 D D D D D D D 13 188 13 188 40 831 D D D D D D D D 34 886 19 492 11 196 8 685 8 685 D D D D D D D 970 D D D D D D D 4 100 4 100 10 393 D D D D D D D D 3 912 2 623 1 385 1 042 1 042 e e b b f f e 55 b b f f f c c 162 162 1 069 f e c c f e e a N N N Q Q Q Q D D D D D – D D D D D D D .7 .7 N Q Q Q Q D D D D N N N Q Q Q Q D D D D D .6 D D D D D D D .7 .7 N Q Q Q Q D D D D
12
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
SPARTANBURG GAFFNEY UNION, SC COMBINED STATISTICAL AREA Con. Gaffney, SC Micropolitan Statistical Area
52 522 5221 5222 52229 522291 5223 52239 522390 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages 58 37 12 15 15 13 10 10 10 2 19 16 15 15 N N N 7 514 7 514 D 1 550 1 550 1 550 D N D 5 127 5 127 9 164 6 839 4 775 1 586 1 586 D 478 478 478 D D D 1 564 1 564 2 290 1 679 1 196 368 368 D 115 115 115 D D D 425 425 309 235 157 54 54 b 24 24 24 a b b 52 52 N N N – – D – – – D N D 37.8 37.8 N N N 4.3 4.3 D 8.7 8.7 8.7 D N D 7.3 7.3
Spartanburg, SC Metropolitan Statistical Area
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52229 522291 522292 522298 5222981 5223 52239 522390 523 5231 52312 523120 524 5241 52411 52412 524126 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) 397 244 100 75 75 12 12 13 13 101 93 67 10 16 14 43 34 34 32 24 22 22 120 20 10 10 10 100 92 92 1 N N N Q Q Q Q 14 548 14 548 99 467 D 54 927 13 908 D 6 120 36 067 28 591 28 591 D D 39 040 39 040 N Q Q Q Q 38 897 33 180 33 180 D 120 634 66 116 35 129 28 28 3 3 2 2 566 566 843 843 720 720 31 044 16 469 8 986 7 436 7 436 840 840 710 710 4 464 D 2 174 970 D 288 3 019 2 831 2 831 D D 3 911 3 911 9 763 6 052 3 520 2 532 2 532 3 711 3 431 3 431 D 3 370 2 190 1 079 872 872 121 121 86 86 537 e 290 55 b 56 574 538 538 c c 143 143 979 548 350 198 198 431 379 379 a N N N Q Q Q Q – – 3.5 D .2 – D – – – – D D .8 .8 N Q Q Q Q 49.8 49.3 49.3 D N N N Q Q Q Q – – 22.3 D 35.8 .6 D 20.9 32.8 20.4 20.4 D D .7 .7 N Q Q Q Q 6.7 3.2 3.2 D
18 111 D 8 711 3 835 D 1 130 12 876 10 869 10 869 D D 12 430 12 430 38 405 23 029 13 167 9 862 9 862 15 376 13 855 13 855 D
Union, SC Micropolitan Statistical Area
52 522 5221 5222 52229 522291 523 524 Finance and insurance Credit intermediation and related activities Depository credit intermediation Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities See footnotes at end of table. 37 28 12 14 14 13 1 8 N N N D D 5 922 D N 6 499 5 640 4 286 D D 1 227 D D 1 552 1 344 1 014 D D 296 D D 233 198 149 b b 42 a b N N N D D – D N N N N D D – D N
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
13
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
AUGUSTA RICHMOND COUNTY, GA SC METROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 523 5231 52312 523120 5239 52393 523930 524 5241 52411 524113 5242 52421 524210 52429 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Investment advice Investment advice Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Funds, trusts, and other financial vehicles (part) 643 376 193 148 148 11 11 34 34 137 12 12 125 76 21 21 28 25 46 18 18 26 26 59 33 33 33 26 10 10 207 27 20 11 180 167 167 13 1 15 15 94 51 31 31 10 N N N Q Q Q Q D D 109 788 522 522 266 584 997 997 685 D 152 930 99 220 74 260 59 733 59 733 D D D D 18 833 2 2 16 7 7 7 1 050 050 783 258 860 860 665 D 41 201 25 888 19 636 15 931 15 931 D D D D 5 050 514 514 536 800 315 315 421 D 750 750 D D D 5 361 5 361 5 361 D 98 98 9 059 3 970 3 480 2 426 5 089 4 647 4 647 442 D 4 594 3 274 2 498 1 954 1 954 c c e e 599 63 63 536 256 203 203 77 b 177 97 97 b b e 212 212 212 c 15 15 998 339 309 253 659 609 609 50 a N N N Q Q Q Q D D 1.5 – – 1.8 1.9 1.7 1.7 1.5 D – – – D D D .6 .6 .6 D 28.7 28.7 N Q Q Q 45.4 46.2 46.2 33.7 D N N N Q Q Q Q D D 6.6 – – 7.6 3.1 17.5 17.5 .2 D 12.2 19.4 19.4 D D D .1 .1 .1 D 13.8 13.8 N Q Q Q 10.7 11.4 11.4 .4 D
4 1 2 2
18 494 11 128 11 128 D D D 37 652 37 652 37 652 D 2 017 2 017 N Q Q Q 57 049 53 643 53 643 3 406 D
6 127 4 005 4 005 D D D 14 715 14 715 14 715 D 673 673 34 571 15 124 13 254 9 624 19 447 17 798 17 798 1 649 D
1 202
BENNETTSVILLE, SC MICROPOLITAN STATISTICAL AREA
52 522 5221 524 Finance and insurance Credit intermediation and related activities Depository credit intermediation Insurance carriers and related activities 32 22 10 10 N N N N 2 817 2 190 1 428 627 712 560 384 152 120 85 53 35 N N N N N N N N
CHARLESTON NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52222 522220 52229 522291 522292 5222929 522298 5222981 5223 52231 522310 52239 522390 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Sales financing Sales financing Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents All other nondepository credit intermediation Pawn shops Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Other activities related to credit intermediation Other activities related to credit intermediation See footnotes at end of table. 880 471 204 140 140 29 29 35 35 166 10 10 156 90 38 37 27 26 101 36 36 61 61 N N N Q Q Q Q 104 199 104 199 198 581 49 49 148 77 58 830 830 751 058 453 D D D 289 414 144 838 102 683 64 64 20 20 17 17 352 352 728 728 603 603 72 248 36 264 26 911 17 17 5 5 4 4 414 414 179 179 318 318 6 896 3 738 2 640 1 621 1 621 473 473 546 546 744 101 101 643 304 208 c c c 354 156 156 183 183 N N N Q Q Q Q .1 .1 .7 – – 1.0 1.9 – D D D – – – – – N N N Q Q Q Q .1 .1 4.9 5.1 5.1 4.8 6.2 3.9 D D D 6.0 10.3 10.3 .5 .5
30 270 3 3 26 10 13 540 540 730 089 313 D D D
6 871 906 906 5 965 2 294 2 862 D D D 2 482 1 541 1 541 845 845
38 410 21 21 16 16 091 091 463 463
11 885 7 7 3 3 842 842 608 608
14
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
CHARLESTON NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA Con.
52 523 5231 52312 523120 5239 52392 523920 52393 523930 524 5241 52411 524113 524114 52412 524126 5242 52421 524210 52429 524291 525 Finance and insurance Con. Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Portfolio management Portfolio management Investment advice Investment advice Insurance carriers and related activities Insurance carriers Direct life, health, and medical insurance carriers Direct life insurance carriers Direct health and medical insurance carriers Direct insurance (except life, health, and medical) carriers Direct property and casualty insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Other insurance related activities Claims adjusting Funds, trusts, and other financial vehicles (part) 107 62 60 60 45 18 18 19 19 297 51 30 18 12 20 14 246 220 220 26 12 5 120 120 10 5 7 7 3 3 D D 98 505 98 505 D 173 173 494 494 N Q Q Q Q Q Q 131 647 785 785 862 365 D 4 4 1 1 D D 36 357 36 357 D 091 091 712 712 D D 10 470 10 470 D 738 738 512 512 22 309 12 353 8 731 3 464 5 267 D 3 422 9 956 8 907 8 907 1 049 513 D f f 524 524 c 61 61 63 63 2 449 1 232 922 362 560 e 280 1 217 1 100 1 100 117 53 b D D .2 .2 D 5.1 5.1 30.3 30.3 N Q Q Q Q Q Q 27.4 29.1 29.1 7.5 7.8 D D D .7 .7 D 9.6 9.6 42.8 42.8 N Q Q Q Q Q Q 11.5 11.6 11.6 10.7 14.9 D
93 700 44 915 31 452 13 622 17 830 D 12 704 48 785 44 44 4 2 013 013 772 312 D
DILLON, SC MICROPOLITAN STATISTICAL AREA
52 522 5222 52229 522291 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages 38 26 13 12 12 1 11 11 11 11 N N 7 466 D D D N D D D 4 676 3 550 1 124 D D D D D D D 1 177 906 284 D D D D D D D 181 130 42 b b a b b b b N N 1.3 D D D N D D D N N – D D D N D D D
FLORENCE, SC METROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 52212 522120 52213 522130 5222 52229 522291 522292 5222929 5223 52239 522390 523 5231 52312 523120 524 5241 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Savings institutions Savings institutions Credit unions Credit unions Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Insurance carriers and related activities Insurance carriers Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) See footnotes at end of table. 346 229 96 66 66 13 13 17 17 95 88 66 14 13 38 32 32 23 17 16 16 92 15 77 71 71 2 N N N Q Q Q Q D D 105 068 102 410 36 645 46 135 D 13 346 12 714 12 714 D D 8 810 8 810 N Q 30 105 28 781 28 781 D 163 523 94 455 72 408 23 955 23 955 D D D D 19 663 19 278 6 163 10 678 D 2 384 2 050 2 050 D D 4 521 4 521 63 106 53 262 9 844 9 294 9 294 D 38 371 21 220 16 094 6 245 6 245 D D D D 4 569 4 468 1 459 2 120 D 557 475 475 D D 1 045 1 045 15 754 13 497 2 257 2 129 2 129 D 6 240 3 307 2 239 731 731 g g c c 957 940 224 658 f 111 94 94 c b 82 82 2 759 2 446 313 294 294 a N N N Q Q Q Q D D .3 .2 .4 – D – – – D D 2.5 2.5 N Q 43.4 45.3 45.3 D N N N Q Q Q Q D D 38.4 38.7 3.1 83.3 D .4 .3 .3 D D – – N Q 8.3 8.3 8.3 D
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
15
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
GREENWOOD, SC MICROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 5222 52229 522291 5223 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages 108 71 33 24 24 28 28 22 10 N N N Q Q 20 965 20 965 13 228 2 538 20 755 13 792 9 601 7 948 7 948 3 509 3 509 2 235 682 5 497 3 768 2 692 2 267 2 267 911 911 562 165 659 458 317 245 245 113 113 76 28 N N N Q Q 4.8 4.8 7.6 – N N N Q Q – – – –
6 31 26 25 25
6 526 N D 9 652 9 652
1 861 5 102 D 2 612 2 612
467 1 262 D 653 653
19 182 b 96 96
2.5 N D 73.6 73.6
– N D .9 .9
HILTON HEAD ISLAND BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 5222 52229 522291 522292 5222929 5223 52231 522310 523 5231 52312 523120 5239 524 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Real estate credit Mortgage bankers and loan correspondents Activities related to credit intermediation Mortgage and nonmortgage loan brokers Mortgage and nonmortgage loan brokers Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Other financial investment activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) 225 120 60 46 46 37 36 18 13 13 23 15 15 43 23 20 20 20 61 53 48 48 1 N N N Q Q 79 394 D 10 806 67 401 67 401 12 348 8 403 8 403 D D 40 626 40 626 D N 26 138 17 589 17 589 D 66 864 37 512 21 236 16 851 16 851 13 189 D 1 654 11 291 11 291 3 087 2 630 2 630 D D 15 805 15 805 D 11 811 9 538 5 421 5 421 D 16 810 9 457 5 486 4 508 4 508 3 272 D 365 2 831 2 831 699 592 592 D D 4 428 4 428 D 2 593 2 055 1 243 1 243 D 1 490 945 570 445 445 287 e 50 224 224 88 68 68 e c 210 210 b 292 250 170 170 a N N N Q Q .5 D 4.0 – – – – – D D – – D N 13.5 20.1 20.1 D N N N Q Q 2.0 D – 2.0 2.0 8.5 12.5 12.5 D D 11.2 11.2 D N 8.5 10.7 10.7 D
ORANGEBURG, SC MICROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 5222 52229 522291 5223 52239 522390 523 524 5242 52421 524210 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages See footnotes at end of table. 128 86 31 26 26 41 41 34 14 10 10 7 35 27 26 26 N N N Q Q 25 591 25 591 18 072 2 939 2 361 2 361 1 661 N D 10 460 10 460 27 313 22 056 16 594 15 626 15 626 4 797 4 797 3 234 665 492 492 716 4 541 D 2 965 2 965 6 914 5 487 4 082 3 826 3 826 1 252 1 252 803 153 117 117 170 1 257 D 691 691 904 768 569 534 534 170 170 129 29 23 23 16 120 b 82 82 N N N Q Q 2.1 2.1 2.9 – – – – N D 49.3 49.3 N N N Q Q 7.6 7.6 6.3 19.5 11.8 11.8 – N D 17.1 17.1
16
South Carolina
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
Table 2.
Summary Statistics for Metropolitan and Micropolitan Statistical Areas: 2002 Con.
[Includes only establishments of firms with payroll. For meaning of abbreviations and symbols, see introductory text. For explanation of terms, see Appendix A. For definitions and hierarchy of metropolitan and micropolitan statistical areas (CSAs, MeSAs, MiSAs, and MDs), see Appendix E. Data based on the 2002 Economic Census. For information on confidentiality protection, sampling error, nonsampling error, and definitions, see note at end of table] Paid employees for pay period including March 12 (number) Percent of revenue From admini strative records1
NAICS code
Geographic area and kind of business
Estab lishments (number)
Revenue ($1,000)
Annual payroll ($1,000)
First quarter payroll ($1,000)
Estimated2
SUMTER, SC METROPOLITAN STATISTICAL AREA
52 522 5221 52211 522110 5222 52229 522291 5223 52239 522390 523 5231 52312 523120 524 5242 52421 524210 525 Finance and insurance Credit intermediation and related activities Depository credit intermediation Commercial banking Commercial banking Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Activities related to credit intermediation Other activities related to credit intermediation Other activities related to credit intermediation Securities, commodity contracts, other financial investments, and related activities Securities and commodity contracts intermediation and brokerage Securities brokerage Securities brokerage Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages Funds, trusts, and other financial vehicles (part) 128 72 23 16 16 34 33 26 15 13 13 N N N Q Q 19 161 D 16 493 D D D 28 975 15 874 D 6 503 6 503 3 231 D 2 776 D D D 7 265 4 199 D 1 984 1 984 778 D 658 D D D 868 562 e 207 207 116 c 99 b b b N N N Q Q – D – D D D N N N Q Q .8 D .8 D D D
14 11 11 11 41 38 36 36 1
D 10 510 10 510 10 510 N D 22 980 22 980 D
D 4 128 4 128 4 128 8 315 D 6 325 6 325 D
D 1 047 1 047 1 047 1 871 D 1 317 1 317 D
b 51 51 51 247 c 194 194 a
D – – – N D 21.1 21.1 D
D – – – N D 12.5 12.5 D
WALTERBORO, SC MICROPOLITAN STATISTICAL AREA
52 522 5221 5222 52229 522291 523 Finance and insurance Credit intermediation and related activities Depository credit intermediation Nondepository credit intermediation Other nondepository credit intermediation Consumer lending Securities, commodity contracts, other financial investments, and related activities Insurance carriers and related activities Agencies, brokerages, and other insurance related activities Insurance agencies and brokerages Insurance agencies and brokerages
1Includes 2Includes
58 35 12 18 17 13
N N N 13 153 D 6 954
9 950 D 3 653 2 200 D 1 265
2 396 D 864 552 D 298
328 c 124 63 b 41
N N N – D –
N N N .9 D 1.3
2 21 17 17 17
D N D D D
D 3 874 D D D
D 921 D D D
a 127 b b b
D N D D D
D N D D D
524 5242 52421 524210
revenue information obtained from administrative records of other federal agencies. revenue information that was imputed based on historic data, administrative data, industry averages, or other statistical methods.
Note: The data in this table are based on the 2002 Economic Census. To maintain confidentiality, the Census Bureau suppresses data to protect the identity of any business or individual. The census results in this table contain nonsampling error. Data users who create their own estimates using data from this table should cite the Census Bureau as the source of the original data only. See also explanation of terms and geographic definitions. For the full technical documentation, see Appendix C.
Finance & Insurance Geo. Area Series
U.S. Census Bureau, 2002 Economic Census
South Carolina
17
Appendix A. Explanation of Terms
ANNUAL PAYROLL Payroll includes all forms of compensation such as salaries, wages, commissions, dismissal pay, bonuses, vacation allowances, sick-leave pay, and employee contributions to qualified pension plans paid during the year to all employees and reported on Internal Revenue Service (IRS) Form 941 as taxable Medicare Wages and tips (even if not subject to income or FICA tax). Excluded are commissions paid to independent (nonemployee) agents, such as insurance agents. For corporations, payroll includes amounts paid to officers and executives; for unincorporated businesses, it does not include profit or other compensation of proprietors or partners. Payroll is reported before deductions for social security, income tax, insurance, union dues, etc. This definition of payroll is the same as that used by the IRS on Form 941. ESTABLISHMENTS An establishment is a single physical location at which business is conducted. It is not necessarily identical to a company or enterprise, which may consist of one establishment or more. Economic census figures represent a summary of reports for individual establishments rather than companies. For cases where a census report was received, separate information was obtained for each location where business was conducted. When administrative records of other federal agencies were used instead of a census report, no information was available on the number of locations operated. Each economic census establishment was tabulated according to the physical location at which the business was conducted. The count of establishments represents those in business at any time during 2002. When two or more activities were carried on at a single location under a single ownership, all activities generally were grouped together as a single establishment. The entire establishment was classified on the basis of its major activity and all data for it were included in that classification. However, when distinct and separate economic activities (for which different industry classification codes were appropriate) were conducted at a single location under a single ownership, separate establishment reports for each of the different activities were obtained in the census. FIRST-QUARTER PAYROLL Represents payroll paid to persons employed at any time during the quarter January to March 2002. PAID EMPLOYEES FOR PAY PERIOD INCLUDING MARCH 12 Paid employees consist of full- and part-time employees, including salaried officers and executives of corporations, who were on the payroll during the pay period including March 12. Included are employees on paid sick leave, paid holidays, and paid vacations; not included are proprietors and partners of unincorporated businesses; independent (nonemployee) agents; full- and part-time leased employees whose payroll was filed under an employee leasing company’s Employer Identification Number (EIN); and temporary staffing obtained from a staffing service. The definition of paid employees is the same as that used by the Internal Revenue Service (IRS) on Form 941. REVENUE Includes revenue from all business activities whether or not payment was received in the census year, including commissions and fees from all sources, rents, net investment income, interest, dividends, royalties, and net insurance premiums earned. Revenue from leasing property marketed under operating leases is included, as well as interest earned from property marketed under capital, finance, or full payout leases. Revenue also includes the total value of service contracts and amounts received for work subcontracted to others. Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix A
A–1
Revenue does not include sales and other taxes (including Hawaii’s General Excise Tax) collected from customers and paid directly by the firm to a local, state, or federal tax agency.
A–2
Appendix A
Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B. NAICS Codes, Titles, and Descriptions
52 FINANCE AND INSURANCE The Finance and Insurance sector comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities are identified: 1. Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities. Establishments engaged in this activity use raised funds to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale and risk. This activity is known as financial intermediation. 2. Pooling of risk by underwriting insurance and annuities. Establishments engaged in this activity collect fees, insurance premiums, or annuity considerations; build up reserves; invest those reserves; and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected return on investment. 3. Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs. In addition, monetary authorities charged with monetary control are included in this sector. The subsectors, industry groups, and industries within the NAICS Finance and Insurance sector are defined on the basis of their unique production processes. As with all industries, the production processes are distinguished by their use of specialized human resources and specialized physical capital. In addition, the way in which these establishments acquire and allocate financial capital, their source of funds, and the use of those funds provides a third basis for distinguishing characteristics of the production process. For instance, the production process in raising funds through deposit-taking is different from the process of raising funds in bond or money markets. The process of making loans to individuals also requires different production processes than does the creation of investment pools or the underwriting of securities. Most of the Finance and Insurance subsectors contain one or more industry groups of (1) intermediaries with similar patterns of raising and using funds and (2) establishments engaged in activities that facilitate, or are otherwise related to, that type of financial or insurance intermediation. Industries within this sector are defined in terms of activities for which a production process can be specified, and many of these activities are not exclusive to a particular type of financial institution. To deal with the varied activities taking place within existing financial institutions, the approach is to split these institutions into components performing specialized services. This requires defining the units engaged in providing those services and developing procedures that allow for their delineation. These units are the equivalents for finance and insurance of the establishments defined for other industries. The output of many financial services, as well as the inputs and the processes by which they are combined, cannot be observed at a single location and can only be defined at a higher level of the organizational structure of the enterprise. Additionally, a number of independent activities that represent separate and distinct production processes may take place at a single location belonging to a multilocation financial firm. Activities are more likely to be homogeneous with respect to production characteristics than are locations, at least in financial services. The classification defines activities broadly enough that it can be used both by those classifying by location and by those employing a more top-down approach to the delineation of the establishment. Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B
B–1
Establishments engaged in activities that facilitate, or are otherwise related to, the various types of intermediation have been included in individual subsectors, rather than in a separate subsector dedicated to services alone because these services are performed by intermediaries, as well as by specialist establishments, and the extent to which the activity of the intermediaries can be separately identified is not clear. The Finance and Insurance sector has been defined to encompass establishments primarily engaged in financial transactions; that is, transactions involving the creation, liquidation, or change in ownership of financial assets or in facilitating financial transactions. Financial industries are extensive users of electronic means for facilitating the verification of financial balances, authorizing transactions, transferring funds to and from transactors’ accounts, notifying banks (or credit card issuers) of the individual transactions, and providing daily summaries. Since these transaction processing activities are integral to the production of finance and insurance services, establishments that principally provide a financial transaction processing service are classified to this sector, rather than to the data processing industry in the Information sector. Legal entities that hold portfolios of assets on behalf of others are significant and data on them are required for a variety of purposes. Thus for NAICS, these funds, trusts, and other financial vehicles are the fifth subsector of the Finance and Insurance sector. These entities earn interest, dividends, and other property income, but have little or no employment and no revenue from the sale of services. Separate establishments and employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities. 521 MONETARY AUTHORITIES - CENTRAL BANK The Monetary Authorities-Central Bank subsector groups establishments that engage in performing central banking functions, such as issuing currency, managing the nation’s money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as fiscal agent for the central government. 5211 MONETARY AUTHORITIES - CENTRAL BANK This industry group includes establishments classified in the following NAICS industry: 52111, Monetary Authorities-Central Bank. 52111 MONETARY AUTHORITIES - CENTRAL BANK This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency, managing the nation’s money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as fiscal agent for the central government. 521110 MONETARY AUTHORITIES - CENTRAL BANK This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency, managing the nation’s money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as fiscal agent for the central government. 522 CREDIT INTERMEDIATION AND RELATED ACTIVITIES Industries in the Credit Intermediation and Related Activities subsector groups establishments that (1) lend funds raised from depositors; (2) lend funds raised from credit market borrowing; or (3) facilitate the lending of funds or issuance of credit by engaging in such activities as mortgage and loan brokerage, clearinghouse and reserve services, and check cashing services. 5221 DEPOSITORY CREDIT INTERMEDIATION This industry group comprises establishments primarily engaged in accepting deposits (or share deposits) and in lending funds from these deposits. Within this group, industries are defined on the basis of differences in the types of deposit liabilities assumed and in the nature of the credit extended. B–2 Appendix B Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
52211 COMMERCIAL BANKING This industry comprises establishments primarily engaged in accepting demand and other deposits and making commercial, industrial, and consumer loans. Commercial banks and branches of foreign banks are included in this industry. 522110 COMMERCIAL BANKING This industry comprises establishments primarily engaged in accepting demand and other deposits and making commercial, industrial, and consumer loans. Commercial banks and branches of foreign banks are included in this industry. 5221101 NATIONAL COMMERCIAL BANKS (BANKING) This industry comprises establishments primarily engaged in accepting deposits and granting withdrawals; making commercial, institutional, and consumer loans; and providing other customer financial transactions. These depository institutions are chartered by the federal government. 5221102 STATE COMMERCIAL BANKS (BANKING) This industry comprises establishments primarily engaged in accepting deposits and granting withdrawals; making commercial, institutional, and consumer loans; and providing customer financial transactions. These depository institutions are chartered by one of the states, the District of Columbia, or U.S. territories. 52212 SAVINGS INSTITUTIONS This industry comprises establishments primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high-grade securities. Savings and loan associations and savings banks are included in this industry. 522120 SAVINGS INSTITUTIONS This industry comprises establishments primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high-grade securities. Savings and loan associations and savings banks are included in this industry. 5221201 SAVINGS INSTITUTIONS, FEDERALLY CHARTERED This industry comprises establishments, operating under federal charter, primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high-grade securities. 5221203 SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED This industry comprises establishments, not operating under federal charter, primarily engaged in accepting time deposits, making mortgage and real estate loans, and investing in high grade securities. 52213 CREDIT UNIONS This industry comprises establishments primarily engaged in accepting members’ share deposits in cooperatives that are organized to offer consumer loans to their members. 522130 CREDIT UNIONS This industry comprises establishments primarily engaged in accepting members’ share deposits in cooperatives that are organized to offer consumer loans to their members. Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B
B–3
5221301 CREDIT UNIONS, FEDERALLY CHARTERED This industry comprises establishments chartered by the federal government as “cooperatives,” primarily engaged in selling shares, granting withdrawals, making loans, and providing other financial transactions for their members. 5221309 CREDIT UNIONS, NOT FEDERALLY CHARTERED This industry comprises establishments chartered by other than the federal government as “cooperatives,” primarily engaged in selling shares, granting withdrawals, making loans, and providing other financial transactions for their members. 52219 OTHER DEPOSITORY CREDIT INTERMEDIATION This industry comprises establishments primarily engaged in accepting deposits and lending funds (except commercial banking, savings institutions, and credit unions). Establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits, and private banks (i.e., unincorporated banks) are included in this industry. 522190 OTHER DEPOSITORY CREDIT INTERMEDIATION This industry comprises establishments primarily engaged in accepting deposits and lending funds (except commercial banking, savings institutions, and credit unions). Establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits, and private banks (i.e., unincorporated banks) are included in this industry. 5222 NONDEPOSITORY CREDIT INTERMEDIATION This industry group comprises establishments, both public (government-sponsored enterprises) and private, primarily engaged in extending credit or lending funds raised by credit market borrowing, such as issuing commercial paper or other debt instruments or by borrowing from other financial intermediaries. Within this group, industries are defined on the basis of the type of credit being extended. 52221 CREDIT CARD ISSUING This industry comprises establishments primarily engaged in providing credit by issuing credit cards. Credit card issuance provides the funds required to purchase goods and services in return for payment of the full balance or payments on an installment basis. Credit card banks are included in this industry. 522210 CREDIT CARD ISSUING This industry comprises establishments primarily engaged in providing credit by issuing credit cards. Credit card issuance provides the funds required to purchase goods and services in return for payment of the full balance or payments on an installment basis. Credit card banks are included in this industry. 52222 SALES FINANCING This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers. 522220 SALES FINANCING This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers. B–4 Appendix B Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
52229 OTHER NONDEPOSITORY CREDIT INTERMEDIATION This industry comprises establishments primarily engaged in making cash loans or extending credit through credit instruments (except credit cards and sales finance agreements). 522291 CONSUMER LENDING This industry comprises establishments primarily engaged in making unsecured cash loans to consumers. 522292 REAL ESTATE CREDIT This industry comprises establishments primarily engaged in lending funds with real estate as collateral. 5222929 MORTGAGE BANKERS AND LOAN CORRESPONDENTS This industry comprises establishments primarily engaged in originating (making) and selling mortgage and other real estate loans (except farm) to permanent investors, and servicing these loans. 522293 INTERNATIONAL TRADE FINANCING This industry comprises establishments primarily engaged in providing one or more of the following: (1) working capital funds to U.S. exporters; (2) lending funds to foreign buyers of U.S. goods; and/or (3) lending funds to domestic buyers of imported goods. 522294 SECONDARY MARKET FINANCING This industry comprises establishments primarily engaged in buying, pooling, and repackaging loans for sale to others on the secondary market. 522298 ALL OTHER NONDEPOSITORY CREDIT INTERMEDIATION This industry comprises establishments primarily engaged in providing nondepository credit (except credit card issuing, sales financing, consumer lending, real estate credit, international trade financing, and secondary market financing). Examples of types of lending in this industry are: short-term inventory credit, agricultural lending (except real estate and sales financing) and consumer cash lending secured by personal property. 5222981 PAWNSHOPS This industry comprises establishments primarily engaged in lending money at interest in exchange for personal property left as security and selling the merchandise if the property is not reclaimed. 5222988 OTHER BUSINESS CREDIT INSTITUTIONS This industry comprises establishments primarily engaged in providing services, credit or capital to businesses, other organizations and members for short-term, intermediate and long-term periods (more than one year). 5223 ACTIVITIES RELATED TO CREDIT INTERMEDIATION This industry group comprises establishments primarily engaged in facilitating credit intermediation by performing activities, such as arranging loans by bringing borrowers and lenders together and clearing checks and credit card transactions. 52231 MORTGAGE AND NONMORTGAGE LOAN BROKERS This industry comprises establishments primarily engaged in arranging loans by bringing borrowers and lenders together on a commission or fee basis. Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B
B–5
522310 MORTGAGE AND NONMORTGAGE LOAN BROKERS This industry comprises establishments primarily engaged in arranging loans by bringing borrowers and lenders together on a commission or fee basis. 52232 FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES This industry comprises establishments primarily engaged in providing one or more of the following: (1) financial transaction processing (except central banks); (2) reserve and liquidity services (except central banks); and/or (3) check or other financial instrument clearinghouse services (except central banks). 522320 FINANCIAL TRANSACTIONS PROCESSING, RESERVE, AND CLEARINGHOUSE ACTIVITIES This industry comprises establishments primarily engaged in providing one or more of the following: (1) financial transaction processing (except central banks); (2) reserve and liquidity services (except central banks); and/or (3) check or other financial instrument clearinghouse services (except central banks). 52239 OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION This industry comprises establishments primarily engaged in facilitating credit intermediation (except mortgage and loan brokerage; and financial transactions processing, reserve, and clearinghouse activities). 522390 OTHER ACTIVITIES RELATED TO CREDIT INTERMEDIATION This industry comprises establishments primarily engaged in facilitating credit intermediation (except mortgage and loan brokerage; and financial transactions processing, reserve, and clearinghouse activities). 523 SECURITIES, COMMODITY CONTRACTS, AND OTHER FINANCIAL INVESTMENTS AND RELATED ACTIVITIES Industries in the Securities, Commodity Contracts, and Other Financial Investments and Related Activities subsector group include establishments that are primarily engaged in one of the following: (1) underwriting securities issues and/or making markets for securities and commodities; (2) acting as agents (i.e., brokers) between buyers and sellers of securities and commodities; (3) providing securities and commodity exchange services; and (4) providing other services, such as managing portfolios of assets; providing investment advice; and trust, fiduciary, and custody services. 5231 SECURITIES AND COMMODITY CONTRACTS INTERMEDIATION AND BROKERAGE This industry group comprises establishments primarily engaged in putting capital at risk in the process of underwriting securities issues or in making markets for securities and commodities; and those acting as agents and/or brokers between buyers and sellers of securities and commodities, usually charging a commission. 52311 INVESTMENT BANKING AND SECURITIES DEALING This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers. B–6 Appendix B Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
523110 INVESTMENT BANKING AND SECURITIES DEALING This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers. 52312 SECURITIES BROKERAGE This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis. 523120 SECURITIES BROKERAGE This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis. 52313 COMMODITY CONTRACTS DEALING This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or options, such as precious metals, foreign currency, oil, or agricultural products, generally on a spread basis. 523130 COMMODITY CONTRACTS DEALING This industry comprises establishments primarily engaged in acting as principals (i.e., investors who buy or sell for their own account) in buying or selling spot or futures commodity contracts or options, such as precious metals, foreign currency, oil, or agricultural products, generally on a spread basis. 52314 COMMODITY CONTRACTS BROKERAGE This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling spot or future commodity contracts or options on a commission or transaction fee basis. 523140 COMMODITY CONTRACTS BROKERAGE This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in buying or selling spot or future commodity contracts or options on a commission or transaction fee basis. 5232 SECURITIES AND COMMODITY EXCHANGES This industry group includes establishments classified in the following NAICS industry: 52321, Securities and Commodity Exchanges. 52321 SECURITIES AND COMMODITY EXCHANGES This industry comprises establishments primarily engaged in furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of stocks, stock options, bonds, or commodity contracts. Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B
B–7
523210 SECURITIES AND COMMODITY EXCHANGES This industry comprises establishments primarily engaged in furnishing physical or electronic marketplaces for the purpose of facilitating the buying and selling of stocks, stock options, bonds, or commodity contracts. 5239 OTHER FINANCIAL INVESTMENT ACTIVITIES This industry group comprises establishments primarily engaged in one of the following: (1) acting as principals in buying or selling financial contracts (except investment bankers, securities dealers, and commodity contracts dealers); (2) acting as agents (i.e., brokers) (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts; or (3) providing other investment services (except securities and commodity exchanges), such as portfolio management; investment advice; and trust, fiduciary, and custody services. 52391 MISCELLANEOUS INTERMEDIATION This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account. 523910 MISCELLANEOUS INTERMEDIATION This industry comprises establishments primarily engaged in acting as principals (except investment bankers, securities dealers, and commodity contracts dealers) in buying or selling of financial contracts generally on a spread basis. Principals are investors that buy or sell for their own account. 52392 PORTFOLIO MANAGEMENT This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio. 523920 PORTFOLIO MANAGEMENT This industry comprises establishments primarily engaged in managing the portfolio assets (i.e., funds) of others on a fee or commission basis. Establishments in this industry have the authority to make investment decisions, and they derive fees based on the size and/or overall performance of the portfolio. 52393 INVESTMENT ADVICE This industry comprises establishments primarily engaged in providing customized investment advice to clients on a fee basis, that do not have the authority to execute trades. Primary activities performed by establishments in this industry are providing financial planning advice and investment counseling to meet the goals and needs of specific clients. 523930 INVESTMENT ADVICE This industry comprises establishments primarily engaged in providing customized investment advice to clients on a fee basis, that do not have the authority to execute trades. Primary activities performed by establishments in this industry are providing financial planning advice and investment counseling to meet the goals and needs of specific clients. 52399 ALL OTHER FINANCIAL INVESTMENT ACTIVITIES This industry comprises establishments primarily engaged in acting as agents or brokers (except securities brokerages and commodity contracts brokerages) in buying and selling financial contracts providing financial investment activities (except securities and commodity exchanges, portfolio management, and investment advice). B–8 Appendix B Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
523991 TRUST, FIDUCIARY, AND CUSTODY ACTIVITIES This industry comprises establishments primarily engaged in providing trust, fiduciary, and custody services to others, as instructed, on a fee or contract basis, such as bank trust offices and escrow agencies (except real estate). 523999 MISCELLANEOUS FINANCIAL INVESTMENT ACTIVITIES This industry comprises establishments primarily engaged in acting as agents and/or brokers (except securities brokerages and commodity contracts brokerages) in buying or selling financial contracts and those providing financial investment services (except securities and commodity exchanges; portfolio management; investment advice; and trust, fiduciary, and custody services) on a fee or commission basis. 524 INSURANCE CARRIERS AND RELATED ACTIVITIES Industries in the Insurance Carriers and Related Activities subsector group establishments that are primarily engaged in one of the following: (1) underwriting (assuming the risk, assigning premiums, and so forth) annuities and insurance policies or (2) facilitating such underwriting by selling insurance policies, and by providing other insurance and employee-benefit related services. 5241 INSURANCE CARRIERS This industry group comprises establishments primarily engaged in underwriting (assuming the risk, assigning premiums, and so forth) annuities and insurance policies and investing premiums to build up a portfolio of financial assets to be used against future claims. Direct insurance carriers are establishments that are primarily engaged in initially underwriting and assuming the risk of annuities and insurance policies. Reinsurance carriers are establishments that are primarily engaged in assuming all or part of the risk associated with an existing insurance policy (or set of policies) originally underwritten by another insurance carrier. Industries are defined in terms of the type of risk being insured against, such as death, loss of employment because of age or disability, and property damage. Contributions and premiums are set on the basis of actuarial calculations of probable payouts based on risk factors from experience tables and expected investment returns on reserves. 52411 DIRECT LIFE, HEALTH, AND MEDICAL INSURANCE CARRIERS This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, accidental death and dismemberment insurance policies, and health and medical insurance policies. 524113 DIRECT LIFE INSURANCE CARRIERS This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies. 524114 DIRECT HEALTH AND MEDICAL INSURANCE CARRIERS This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) health and medical insurance policies. Group hospitalization plans and HMO establishments (except those providing health care services) that provide health and medical insurance policies without providing health care services are included in this industry. 52412 DIRECT INSURANCE (EXCEPT LIFE, HEALTH, AND MEDICAL) CARRIERS This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) various types of insurance policies (except life, disability income, accidental death and dismemberment, and health and medical insurance policies). Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B
B–9
524126 DIRECT PROPERTY AND CASUALTY INSURANCE CARRIERS This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) insurance policies that protect policyholders against losses that may occur as a result of property damage or liability. 524127 DIRECT TITLE INSURANCE CARRIERS This industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) insurance policies to protect the owners of real estate or real estate creditors against loss sustained by reason of any title defect to real property. 524128 OTHER DIRECT INSURANCE (EXCEPT LIFE, HEALTH, AND MEDICAL) CARRIERS This industry comprises establishments primarily engaged in initially underwriting (e.g., assuming the risk, assigning premiums) insurance policies (except life, disability income, accidental death and dismemberment, health and medical, property and casualty, and title insurance policies). 52413 REINSURANCE CARRIERS This industry comprises establishments primarily engaged in assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. 524130 REINSURANCE CARRIERS This industry comprises establishments primarily engaged in assuming all or part of the risk associated with existing insurance policies originally underwritten by other insurance carriers. 5242 AGENCIES, BROKERAGES, AND OTHER INSURANCE RELATED ACTIVITIES This industry group comprises establishments primarily engaged in (1) acting as agents (i.e., brokers) in selling annuities and insurance policies or (2) providing other employee benefits and insurance related services, such as claims adjustment and third party administration. 52421 INSURANCE AGENCIES AND BROKERAGES This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies. 524210 INSURANCE AGENCIES AND BROKERAGES This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies. 52429 OTHER INSURANCE RELATED ACTIVITIES This industry comprises establishments primarily engaged in providing services related to insurance (except insurance agencies and brokerages). 524291 CLAIMS ADJUSTING This industry comprises establishments primarily engaged in investigating, appraising, and settling insurance claims. 524292 THIRD PARTY ADMINISTRATION OF INSURANCE AND PENSION FUNDS This industry comprises establishments primarily engaged in providing third party administration services of insurance and pension funds, such as claims processing and other administrative services to insurance carriers’ employee-benefit plans, and self-insurance funds. B–10 Appendix B Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
524298 ALL OTHER INSURANCE RELATED ACTIVITIES This industry comprises establishments primarily engaged in providing insurance services on a contract or fee basis (except insurance agencies and brokerages, claims adjusting, and third party administration). Insurance advisory services and insurance rate-making services are included in this industry. 525 FUNDS, TRUSTS, AND OTHER FINANCIAL VEHICLES Industries in the Funds, Trusts, and Other Financial Vehicles subsector are comprised of legal entities (i.e., funds, plans, and/or programs) organized to pool securities or other assets on behalf of shareholders or beneficiaries of employee benefit or other trust funds. The portfolios are customized to achieve specific investment characteristics, such as diversification, risk, rate of return, and price volatility. These entities earn interest, dividends, and other property income, but have little or no employment and no revenue from the sale of services. Establishments with employees devoted to the management of funds are classified in Industry Group 5239, Other Financial Investment Activities. Establishments primarily engaged in holding the securities of (or other equity interests in) other firms are classified in Sector 55, Management of Companies and Enterprises. 5259 OTHER INVESTMENT POOLS AND FUNDS This industry group comprises legal entities (i.e., investment pools and/or funds) organized to pool securities or other assets (except insurance and employee-benefit funds) on behalf of shareholders, unit holders, or beneficiaries. 52593 REAL ESTATE INVESTMENT TRUSTS This industry comprises legal entities that are Real Estate Investment Trusts (REITs). 525930 REAL ESTATE INVESTMENT TRUSTS This industry comprises legal entities that are Real Estate Investment Trusts (REITs).
Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix B
B–11
Appendix C. Methodology
SOURCES OF THE DATA For this sector, large- and medium-size firms, plus all firms known to operate more than one establishment, were sent report forms to be completed for each of their establishments and returned to the Census Bureau. For most very small firms, data from existing administrative records of other federal agencies were used instead. These records provide basic information on location, kind of business, revenue, payroll, number of employees, and legal form of organization. Firms in the 2002 Economic Census are divided into those sent report forms and those not sent report forms. The coverage of and the method of obtaining census information from each are described below: 1. Establishments sent a report form: a. Large employers, i.e., all multiestablishment firms, and all employer firms with payroll above a specified cutoff. (The term “employers” refers to firms with one or more paid employees at any time during 2002 as shown in the active administrative records of other federal agencies.) b. A sample of small employers, i.e., single-establishment firms with payroll below a specified cutoff in classifications for which specialized data precludes reliance solely on administrative records sources. The sample was stratified by industry and geography. 2. Establishments not sent a report form: a. Small employers, i.e., single-establishment firms with payroll below a specified cutoff, not selected into the small employer sample. Although the payroll cutoff varies by kind of business, small employers not sent a report form generally include firms with less than 10 employees and represent about 10 percent of total revenue of establishments covered in the census. Data on revenue, payroll, and employment for these small employers were derived or estimated from administrative records of other federal agencies. b. All nonemployers, i.e., all firms subject to federal income tax with no paid employees during 2002. Revenue information for these firms was obtained from administrative records of other federal agencies. Although consisting of many firms, nonemployers account for less than 10 percent of total revenue of all establishments covered in the census. Data for nonemployers are not included in this report, but are released in the annual Nonemployer Statistics series. The report forms used to collect information for establishments in this sector are available at help.econ.census.gov/econhelp/resources/. A more detailed examination of census methodology is presented in the History of the Economic Census at www.census.gov/econ/www/history.html. INDUSTRY CLASSIFICATION OF ESTABLISHMENTS The classifications for all establishments are based on the North American Industry Classification System, United States, 2002 manual. There were no changes between the 2002 edition and the 1997 edition affecting this sector. Tables at www.census.gov/epcd/naics02/ identify all industries that changed between the 1997 North American Industry Classification System (NAICS) and 2002 NAICS. Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix C C–1
The method of assigning classifications and the level of detail at which establishments were classified depends on whether a report form was obtained for the establishment. 1. Establishments that returned a report form were classified on the basis of their selfdesignation, product line revenue, and responses to other industry-specific inquiries. 2. Establishments without a report form: a. Small employers not sent a form were, where possible, classified on the basis of the most current kind-of-business classification available from one of the Census Bureau’s current sample surveys or the 1997 Economic Census. Otherwise, the classification was obtained from administrative records of other federal agencies. If the census or administrative record classifications proved inadequate (none corresponded to a 2002 Economic Census classification in the detail required for employers), the firm was sent a brief inquiry requesting information necessary to assign a kind-of-business code. b. Nonemployers were classified on the basis of information obtained from administrative records of other federal agencies. RELIABILITY OF DATA All data compiled in the economic census are subject to nonsampling errors. Nonsampling errors can be attributed to many sources during the development or execution of the census: • inability to identify all cases in the actual universe; • definition and classification difficulties; • differences in the interpretation of questions; • errors in recording or coding the data obtained; and • other errors of collection, response, coverage, processing, and estimation for missing or misreported data. Data presented in the Miscellaneous Subjects and the Product Lines reports for this sector are subject to sampling errors, as well as nonsampling errors. Specifically, these data are estimated based on information obtained from census report forms mailed to all large employers and to a sample of small employers in the universe. Sampling errors affect these estimates, insofar, as they may differ from results that would be obtained from a complete enumeration. The accuracy of these tabulated data is determined by the joint effects of the various nonsampling errors or by the joint effects of sampling and nonsampling errors. No direct measurement of these effects has been obtained except for estimation for missing or misreported data; however, precautionary steps were taken in all phases of the collection, processing, and tabulation of the data in an effort to minimize the effects of nonsampling errors. The Census Bureau obtains limited information extracted from administrative records of other federal agencies, such as gross revenue from federal income tax records and employment and payroll from payroll tax records. This information is used in conjunction with other information available to the Census Bureau to develop estimates for nonemployers, small employers, and other establishments for which responses were not received in time for publication. Key tables in this report include a column for “Percent of revenue from administrative records.” This includes revenue information obtained from administrative records of other federal agencies. The “Percent of revenue estimated” includes revenue information that was imputed based on historic company ratios or administrative records, or on industry averages. The Census Bureau recommends that data users incorporate this information into their analyses, as nonsampling error and sampling error could impact the conclusions drawn from economic census data. C–2 Appendix C Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
TREATMENT OF NONRESPONSE Census report forms included two different types of inquiries, “basic” and “industry-specific.” Data for the basic inquiries, which include location, kind of business or operation, revenue, payroll, and number of employees, were available from a combination of sources for all establishments. Data for industry-specific inquiries, tailored to the particular kinds of business or operation covered by the report form, were available only from establishments responding to those inquiries. Data for industry-specific inquiries in this sector were expanded in most cases to account for establishments that did not respond to the particular inquiry for which data are presented. Unless otherwise noted in specific reports, data for industry-specific inquiries were expanded in direct relationship to total revenue of all establishments included in the category. In a few cases, expansion on the basis of the revenue item was not appropriate, and another basic data item was used as the basis for expansion of reported data to account for nonrespondents. All reports in which industry-specific data were expanded include a coverage indicator for each publication category, which shows the revenue of establishments responding to the industryspecific inquiry as a percent of total revenue for all establishments for which data are shown. For some inquiries, coverage is determined by the ratio of total payroll or employment of establishments responding to the inquiry to total payroll or employment of all establishments in the category. DISCLOSURE In accordance with federal law governing census reports (Title 13 of the United States Code), no data are published that would disclose the operations of an individual establishment or business. However, the number of establishments in a kind-of-business classification is not considered a disclosure; therefore, this information may be released even though other information is withheld. Techniques employed to limit disclosure are discussed at www.census.gov/epcd/ec02/disclosure.htm.
Finance & Insurance
U.S. Census Bureau, 2002 Economic Census
Appendix C C–3
Appendix D. Geographic Notes
Not applicable for this report.
2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Appendix D D–1
Appendix E. Metropolitan and Micropolitan Statistical Areas
CHARLOTTE-GASTONIA-SALISBURY, NC-SC COMBINED STATISTICAL AREA Albemarle, NC Micropolitan Statistical Area Stanly County, NC Charlotte-Gastonia-Concord, NC-SC Metropolitan Statistical Area Anson County, NC Cabarrus County, NC Gaston County, NC Mecklenburg County, NC Union County, NC York County, SC Chester, SC Micropolitan Statistical Area Chester County, SC Lancaster, SC Micropolitan Statistical Area Lancaster County, SC Lincolnton, NC Micropolitan Statistical Area Lincoln County, NC Salisbury, NC Micropolitan Statistical Area Rowan County, NC Shelby, NC Micropolitan Statistical Area Cleveland County, NC Statesville-Mooresville, NC Micropolitan Statistical Area Iredell County, NC COLUMBIA-NEWBERRY, SC COMBINED STATISTICAL AREA Columbia, SC Metropolitan Statistical Area Calhoun County, SC Fairfield County, SC Kershaw County, SC Lexington County, SC Richland County, SC Saluda County, SC 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Appendix E
E–1
Newberry, SC Micropolitan Statistical Area Newberry County, SC GREENVILLE-ANDERSON-SENECA, SC COMBINED STATISTICAL AREA Anderson, SC Metropolitan Statistical Area Anderson County, SC Greenville, SC Metropolitan Statistical Area Greenville County, SC Laurens County, SC Pickens County, SC Seneca, SC Micropolitan Statistical Area Oconee County, SC MYRTLE BEACH-CONWAY-GEORGETOWN, SC COMBINED STATISTICAL AREA Georgetown, SC Micropolitan Statistical Area Georgetown County, SC Myrtle Beach-Conway-North Myrtle Beach, SC Metropolitan Statistical Area Horry County, SC SPARTANBURG-GAFFNEY-UNION, SC COMBINED STATISTICAL AREA Gaffney, SC Micropolitan Statistical Area Cherokee County, SC Spartanburg, SC Metropolitan Statistical Area Spartanburg County, SC Union, SC Micropolitan Statistical Area Union County, SC AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA Burke County, GA Columbia County, GA McDuffie County, GA Richmond County, GA Aiken County, SC Edgefield County, SC BENNETTSVILLE, SC MICROPOLITAN STATISTICAL AREA Marlboro County, SC E–2 Appendix E 2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA Berkeley County, SC Charleston County, SC Dorchester County, SC DILLON, SC MICROPOLITAN STATISTICAL AREA Dillon County, SC FLORENCE, SC METROPOLITAN STATISTICAL AREA Darlington County, SC Florence County, SC GREENWOOD, SC MICROPOLITAN STATISTICAL AREA Greenwood County, SC HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA Beaufort County, SC Jasper County, SC ORANGEBURG, SC MICROPOLITAN STATISTICAL AREA Orangeburg County, SC SUMTER, SC METROPOLITAN STATISTICAL AREA Sumter County, SC WALTERBORO, SC MICROPOLITAN STATISTICAL AREA Colleton County, SC
2002 Economic Census
U.S. Census Bureau, 2002 Economic Census
Appendix E
E–3
EC02-52A-SC
2002
2002 Economic Census Finance and Insurance Geographic Area Series
USCENSUSBUREAU
South Carolina: 2002