1997 Economic Census of Management of Companies and Enterprises

SELECTED DEFINITIONS FOR MANAGEMENT OF COMPANIES AND ENTERPRISES INDUSTRIES

ANNUAL PAYROLL ($1,000) -- 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.  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 a that used by the Internal 
Revenue Service (IRS)on Form 941.

NUMBER OF ESTABLISHMENTS -- An establishment is a single physical location at 
which business is conducted.  It is not necessarily identical with 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 1997.
	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.

NUMBER OF PAID EMPLOYEES FOR PAY PERIOD INCLUDING MARCH 12 -- Paid employees consist 
of the full-time and part-time employees who were on the payroll during the pay 
period including March 12,including salaried officers and executives of corporations.  
Included are employees on paid sick leave, paid holidays, and paid vacations; not 
included are proprietors and partners of unincorporated businesses.  The definition 
of paid employees is the same a that used on IRS Form 941.

REVENUE/SALES ($1,000) -- Revenue of holding companies primarily includes net 
investment income, interest, and dividends.  Sales of Corporate, Subsidiary, and 
Regional Managing Offices is defined as income received from sources outside of 
the company.  Included are merchandise sales, receipts for services provided, 
franchise and license fees, royalties, and other nonoperating revenues.  These 
sales exclude all excise and sales taxes that are paid directly to taxing agencies.  
Also excluded are transactions with other establishments of the owning company.