One of the more obscure parts of the 2017 Economic Census — the Miscellaneous Subjects reports — may be one of the most intriguing, providing nuggets of data not available anywhere else like the number of full-service restaurants in every state that use e-menus (13,026).
Miscellaneous Subjects reports are among the last on the Economic Census’ rolling data release schedule, which is why users are more familiar with the state and local area information that’s released first and is at the core of the survey.
Of the 5,027 full-service restaurants in Colorado in 2017, for example, 379 (7.5%) offered electronic devices their customers could use to order or pay their tab.
But this lesser-known section provides interesting statistics on dozens of topics for nearly every sector of the economy.
The U.S. Census Bureau started releasing the Miscellaneous Subjects tables late last year on data.census.gov and all tables will be published by this September.
We mined the tables for some of the most interesting gems.
Miscellaneous Subjects include statistics on electronic devices in restaurants that allow customers to order their own meals.
This technology has been especially popular during the pandemic because it allows diners to minimize their contact with restaurant staff. However, these devices are not new; in 2017, 13,026 of the 250,843 or 5.2% of the nation’s Full-Service Restaurants offered this convenience. These restaurants employed 452,067 workers and generated $24.3 billion in sales.
Of the 5,027 full-service restaurants in Colorado in 2017, for example, 379 (7.5%) offered electronic devices their customers could use to order or pay their tab.
Want to know how much credit card income contributes to the total revenue of banks and financial organizations?
In 2017, 76.1% of the total revenue of Federally Chartered Credit Unions came from interest they earned on credit cards they issued. But only about a third (34.7%) of the revenue of State Commercial Banks came from credit card interest.
Fees from merchants, cardholders and others made up a much larger share of revenue for state commercial banks than credit unions.
Miscellaneous Subjects tables are among the few Census Bureau sources that provide data on profits and margins — sales minus the cost of producing goods or providing services.
U.S. merchant wholesalers (excluding manufacturers’ sales branches and offices) had total sales of $5,701.0 billion and gross profit of $862.9 billion (15.1% of total sales) in 2017. They sold $5,688.5 billion of goods they own, and their gross margin was $1,563.7 billion (27.5% of sales).
Among the four-digit 2017 North American Industry Classification System (NAICS) industries in this merchant wholesalers category, Drugs and Druggists’ Sundries Merchant Wholesalers had the highest percentage of gross profit as a percent of total sales (23.2%). Chemical and Allied Products Merchant Wholesalers had the highest percentage of gross margin as a percent of own-account sales (38.1%).
These Miscellaneous Subjects tables can be invaluable to businesses trying to grow their markets because they allow them to compare to other similar businesses.
They can also be useful to chambers of commerce and other economic development organizations trying to gauge the impact of businesses in their community on other businesses and their local economy as a whole.
Note: Comparative statements made in the text of this article have not undergone statistical testing since measures of statistical error were not calculated for estimates on these reports. Therefore, they should be interpreted with caution. Differences between estimates may be attributed to sampling or nonsampling error, rather than to differences in underlying economic conditions. Caution should be used in drawing conclusions from the estimates and comparisons shown. Additional information on the survey methodology, including sampling error and nonsampling error, may be found on the economic census website.
Andrew W. Hait is a survey statistician/economist at the Census Bureau.