Thursday, April 30, 2009

Census Bureau Reports Security and Commodity Exchange Revenue Nearly $9 Billion in 2007

(A CDC two-fer on Georgia Gallimaufry!)

Securities and commodities exchanges employed 8,852 people with nearly $1.4 billion in annual payroll and more than $8.9 billion in revenue in 2007, according to new data released by the U.S. Census Bureau as part of the 2007 Economic Census Industry Series.

These latest figures outline the finance and insurance sector and provide data on the number of establishments, revenue, payroll, number of employees, value of product lines revenue and other data items at the national level by industry.

Other findings include:

-- Security and commodity contract trade fees represented more than 55 percent ($4.9 billion) of the total revenue of this industry. Payment clearing and settlement fees represented an additional 15 percent ($1.4 billion).

-- Annual payroll per employee for securities and commodities exchanges was $156,363 in 2007, and revenue per employee was $1,010,737.

Industry Series data are available only on the Census Bureau’s American FactFinder. This online system allows data users to access, filter, manipulate and extract data. Data from the 2007 Economic Census for additional finance and insurance industries will be released through December 2009.

The 2007 Economic Census only includes businesses with paid employees. Information on businesses without paid employees is released as part of the Nonemployer Statistics data files.
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