![]()
EMBARGOED UNTIL: 10 A.M. EDT, October 8, 1996 (Tuesday) Public Information Office CB96-169 301-457-3030/301-457-3670 (fax) 301-457-4067 (TDD) e-mail:pio@census.gov Sidney Marcus 301-457-2824 CENSUS BUREAU RELEASES SOURCES OF REVENUE FOR FINANCIAL, INSURANCE, AND REAL ESTATE INDUSTRIES The 585,580 establishments with paid employees in the financial, insurance, and real estate industries portion of the 1992 Economic Census had a total revenue of $1.8 trillion in 1992, according to a report released today by the Commerce Department's Census Bureau. The report entitled, "1992 Census of Financial, Insurance, and Real Estate Industries, Subject Series, Sources of Revenue," FC92-S-2, covers 61 broad sources of revenue at the national level. The report's tables present the sources of revenue data in two ways--major sources of revenue for each industry, and revenue reported for various industries for each major source. For example, table 1 in the report shows that commercial banks had income of $318 billion, of which $186 billion was from interest, and $70 billion was from net investment income. Table 2 shows that together, all the financial industries had a total interest income of $434 billion, with commercial banks at $186 billion, and non-depository credit institutions had $86 billion. Finance includes depository and nondepository credit institutions, holding and investment companies, brokers and dealers in securities and commodity contracts, and security and commodity exchanges. Insurance covers insurance carriers, agents, and brokers; and real estate includes lessors, agents, and managers of real estate. The data also include gross rents from real property, property management fees, real estate brokerage fees, and condominium and cooperative owners' fees and assessments. The report also is available on the Internet. The address for this information is: http://www.census.gov/prod/1/fire/-X-The Census Bureau--preeminent collector and provider of timely, relevant, and quality data about the people and economy for the United States. In over 100 surveys annually and 20 censuses a decade, evolving from the first census in 1790, the Census Bureau provides continuous, official information about America's people, businesses, industries, and institutions.