The Commerce Department's U.S. Census Bureau is mailing nearly 4 million forms to American businesses, as the official twice-a-decade measure of the economy continues rolling out. Economic census forms began being mailed in October. The majority of the forms were mailed Monday of this week. Most U.S. businesses with paid employees will receive a form in the coming weeks. The Census Bureau will collect responses until the Feb. 12 deadline, unless an extension is filed.
The 2012 Economic Census covers more than 1,000 industries in all sectors of the private, nonfarm economy. To create a snapshot of the American economy, the census asks businesses to provide basic information on revenue, employment and payroll, and industry-specific topics such as the products and services they provide.
Every five years—in years ending in “2” and “7”—the economic census collects reliable business statistics that are essential to understanding the American economy. The economic census is the only source providing information on industry revenues and other measures of American business performance that are consistent, comparable and comprehensive across industries and geographic areas. Press release