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The U.S. Census Bureau today released new estimates on the characteristics of employer businesses. According to the 2023 Annual Business Survey (ABS), which covers reference year 2022, there were approximately 5.9 million U.S. employer firms, of which 1.3 million (22.6%) were minority-owned; 273,542 (4.7%) were veteran-owned; and around 1.3 million (22.3%) were owned by women.
This release also includes demographic data by urban and rural classification, employment size, receipt size, and the years in business of each firm.
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 2022 Economic Census of Island Areas Data Now Available for Puerto Rico
The U.S. Census Bureau today released statistics on businesses with paid employees for Puerto Rico from the 2022 Economic Census of Island Areas. Similar data for American Samoa, the Commonwealth of the Northern Mariana Islands (CNMI), Guam and the U.S. Virgin Islands were released earlier this year.
Estimates are now available for Puerto Rico and by municipio (county-equivalent), metropolitan/micropolitan statistical area, combined statistical area, and Puerto Rico Planning Region, by two- through selected five-digit North American Industry Classification System (NAICS) levels. These statistics include number of establishments, total employment, annual payroll, and total sales, receipts or revenue. Data on expenses, inventories and a wide variety of other statistics are also available for selected sectors.
Business Trends and Outlook Survey Data Release
The U.S. Census Bureau today released new data products from the Business Trends and Outlook Survey (BTOS), a survey that measures business conditions and projections on an ongoing basis. The BTOS includes data for multiunit/multilocation businesses. BTOS will continue to collect data complementary to key items found on other Economic surveys, such as revenues, employees, hours, and inventories. Additional details on artificial intelligence use and types used were added for one cycle and released March 28, 2024.
Starting Nov. 4, 2024, Work from home (WFH) questions will be added to the BTOS for cycle 2 (11/4/2024-1/26/2025). WFH became essential during the pandemic and remains a key feature in many workplaces, yet existing measures reveal significant data gaps in understanding its scope, particularly from the business perspective. To address this, eleven WFH questions were developed for the BTOS, covering the share and frequency of WFH, challenges, management policies, and business impact. WFH data will be released in the spring.
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