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Brad Stovall/Kristy George
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Securities and Commodities Underwriters, Dealers
and Brokers Report Revenues of $251 Billion
The Commerce Department's Census Bureau said today that the
nation's securities and commodity underwriters, dealers and brokers
reported a 20 percent increase in their revenues between 1999 and 2000
from $210 billion to $251 billion. Investment banking and securities
dealers showed revenues of $133 billion and securities brokers took in
$113 billion.
The tabulations, available on the Internet, show 97 percent, or $244
billion of the total revenues, were generated by employer firms
(establishments with paid employees). Among the largest sources of
revenues for employer firms in 2000 were commissions from the sale of
securities and commodities, $65 billion, and margin interest and other
interest income, $53 billion.
The estimates are part of the 2000 Service Annual Survey
Employer estimates for portfolio management firms and investment advisory
firms also are included in the tabulations. Other reports derived from the
same survey cover computer services, the information sector, the health
sector, and trucking and warehousing.
The survey did not collect data on securities and commodity exchanges;
monetary authorities of central banks; credit intermediation and related
activities; insurance carriers and related activities; and funds, trusts
and other financial vehicles.
The data are subject to sampling variability and nonsampling errors.
Sources of nonsampling error include errors of response, nonreporting and
coverage. Measures of sampling variability, presented as relative standard
errors, are shown in the tables.
available free from Adobe.
