Economic Census | Reporting Requirements

Healthcare Finance News, Editor, Renee Letourneau, Reuters, and the U.S. Census Bureau report the following information regarding economic census reporting requirements by the United States from US businesses, as well as the launch of the website, Business.census.gov.  

More than 4 million businesses have begun receiving 2012 economic census forms representing all U.S. communities and industries. All forms are scheduled be delivered by the end of the year and must be returned to the U.S. Census Bureau by Feb. 12, 2013.

The economic census is the federal government’s official five-year measure of American business and the economy. The census is intended to provide accurate benchmark statistics of economic indicators such as the gross domestic product, monthly retail sales and the Producer Price Index.

The economic census is said to be an important resource for strategic planning and forecasting, and for identifying new products for marketing. The economic census is reported to give state and local governments, Congress and community leaders the information they need to make informed decisions that shape our democracy. Ms. Kari Klinedinst of the US Census Bureau, indicates that the economic census “is a key component to having an accurate picture of the US economy”.

Business owners are legally required to submit a response online or by returning a paper form.

To encourage response to the 2012 Economic Census, the Census Bureau has launched business.census.gov. The site includes tips on how to prepare a report; videos, fact sheets, story ideas and talking points that business associations, chambers of commerce, media and public agencies can use to get the word out about the economic census. Information on how communities and businesses owners can use the statistics in economic development, business decisions and strategic planning is also provided.  The site also offers resources tailored to businesses in specific industries.

You may follow @uscensusbureau on Facebook, Twitter, Flickr, and YouTube for updates.

Contact: Public Information Office, US Census Bureau in Washington, DC
301-763-3030

 

References
Healthcare Finance News, Editor, Renee Letourneau
Reuters
U.S. Census Bureau

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