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Blog Category: 2012 Economic Census

Census Bureau Economic Data Show Electric Power Generation Using Renewable Energy Growing

Census Bureau Economic Data Show Electric Power Generation Using Renewable Energy Growing

The U.S. Census Bureau today released for the first time data from the economic census on wind, geothermal, biomass and solar electric power generation. Revenues for electric power generation industries that use renewable energy resources rose 49.0 percent from $6.6 billion in 2007 to $9.8 billion in 2012, according to new economic census statistics released today by the U.S. Census Bureau. These industries that use renewable energy resources consist of hydroelectric power generation (NAICS 221111), four newly delineated industries — wind (NAICS221115), geothermal (NAICS 221116), biomass (NAICS 221117) and solar electric power generation (NAICS 221114) — and one newly defined category of other electric power generation (NAICS 221118). 

In the 2007 Economic Census, wind, geothermal, biomass, and solar electric power generation were included in the broad “other electric power generation” industry (NAICS 221119). By the 2012 Economic Census, these industries had been broken out separately, with the “other electric power generation” industry limited to only tidal electric power generation and other electric power generation facilities not elsewhere classified. Among the newly delineated industries (wind, geothermal, biomass, solar and other electric power generation), the number of establishments more than doubled in five years, from 312 in 2007 to 697 in 2012.

These industries are part of the electric power generation industry (NAICS 22111), which saw an overall decline of 1.2 percent in revenues from $121.0 billion to $119.5 billion between 2007 and 2012. The overall decline was driven by the fossil fuel electric power generation industry (NAICS 221112), which saw revenues decrease from $85.4 billion to $79.7 billion, or 6.7 percent, during the same five-year period.

Revenues for the wind electric power generation industry totaled $5.0 billion in 2012, the highest revenues among the industries using renewable energy resources. Hydroelectric power generation followed with revenues of $2.4 billion. Geothermal electric power generation had revenues of just under $1 billion ($995.4 million), followed by biomass electric power generation, with $934.6 million in revenues, solar electric power generation, with $472.4 million, and other electric power generation, with $59.0 million.

Together, these industries were a relatively small portion of the electric power generation industry, collectively accounting for just 8.2 percent ($9.8 billion) of total industry revenues in 2012. Fossil fuel and nuclear electric power generation (NAICS 221113) are still the major revenue sources of the electric power generation industry, comprising 66.7 percent ($79.7 billion) and 25.1 percent ($29.9 billion), respectively, of total revenues. 

For the full release, please go to http://www.census.gov/newsroom/press-releases/2014/cb14-204.html

Census Bureau Completes Release of All 364 Manufacturing Reports from Economic Census Industry Series

Census Bureau Completes Release of All 364 Manufacturing Reports from Economic Census Industry Series

In recognition of Manufacturing Day on October 3, the Census Bureau presents descriptions of its wide array of data products on the manufacturing sector of the economy. Additionally, statistics on all 364 industries in the manufacturing sector are now available from the 2012 Economic Census.

  • 2012 Economic Census Industry Series: A complete series of national-level data files on specific manufacturing industries, including, for instance, the number of establishments, payroll, number of employees, value of product shipments and services provided by businesses. News releases are available highlighting breweriesautomobile manufacturing, household appliance manufacturing andsemiconductor manufacturing. The economic census is conducted every five years.
  • 2012 County Business Patterns: Provides the only detailed annual information on the number of establishments, employees and payroll for nearly 1,200 industries at the national, state and county levels. This data set includes statistics for all manufacturing industries. Latest data were released in May.
  • Annual Survey of Manufactures: Includes three data sets: statistics for industry groups and industries, value of product shipments and geographic area statistics. Collected annually, except in years ending in 2 and 7, at which time these statistics are included in the manufacturing sector of the economic census.
  • Survey of Plant Capacity Utilization: Provides quarterly statistics on the rates of capacity utilization for the U.S. manufacturing and publishing sectors. Data for the second quarter 2014 now available.