Written by: Dr. Ron Jarmin, Deputy Director and Chief
Operating Officer
Serving as the cornerstone of the nation’s economic statistics, the
economic census is the most comprehensive measure of our nation’s economic
activity. Every five years (for years ending in 2 and 7), the U.S. Census Bureau
gathers data about America’s businesses, the jobs they support, and the
trillions of dollars of goods and services they produce.
We just completed data collection for the 2022 Economic Census which began in January with
companies reporting their 2022 year-end numbers. As we wrap up this phase of the
economic census, I’d like to thank all the businesses, large and small, that
took the time to respond to the 2022 Economic Census. Your responses make a
difference.
The economic census helps every American, especially businesses that
rely on high-quality data. It provides national, state and local statistics that
businesses and local communities use to understand the structure and evolution
of markets, industries and local economies.
But data users also benefit from the economic census indirectly as
it’s a critical input to many other statistical products produced by the Census
Bureau, the Bureau of Economic Analysis and the Bureau of Labor Statistics,
including Gross Domestic Product (GDP), productivity and producer prices.
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